Wealth Building: An Advantage of Home Ownership

As you grow older, the issue of wealth building comes front and center. Wealth building simply refers to increasing the net value of your total assets. Wealth building over time is one of the advantages of home ownership.

 

Building Equity

 

Owning a home can help you build wealth in two ways. First, you build equity by paying down your mortgage. A certain percentage of each mortgage payment goes towards a reduction in the total amount owed. Typically, payments in the first few years of the mortgage are primarily applied to interest on the loans. As time passes, however, more and more of each payment is applied to the outstanding loan amount. Before you know it, the $300,000 loan is down to $50,000 and you’ve gained $250,000 in wealth.

 

Appreciation is the second wealth building advantage to home ownership. Each year, the value of your home will increase or decrease slightly based on market prices. Over time, real estate has always appreciated in value. In the current market, homes in some parts of the country are appreciating at rates as high as fifteen to twenty percent! Appreciation is a very popular subject with homeowners.

 

Wealth Building Example

 

Let’s look at a simple demonstration of how advantageous home ownership can be. Assume you buy a home in 2005 for $400,000 and, for the purpose of simply mathematics, pay no down. Over the next 10 years, your mortgage payments reduce the outstanding mortgage by $100,000 and the home increases in value to $600,000. The value of your home as a net asset has grown to $300,000 [$600,000 minus $300,000]! If you had rented during this period, you would have missed out on $300,000 in wealth. This simple example should show you the advantage of home ownership.

 

Historically, home ownership is one the best ways for families to build wealth. If you don’t currently own a home, you should start looking for one.

 

Wealth Management Solutions: Options Abound

Wealth management is a difficult concept to grasp for many people, especially in terms of investment and savings for the future. With options like stocks, bonds, 401K’s, 529’s, and more, choosing the right wealth management option can be tough at best and impossibly confusing in many circumstances. That’s why there are wealth management firms who are experts in these services and exist solely to help guide high net worth individuals through the aches and pains of wealth management and private banking, as well as educating people on where to put their money and how each investment will help their finances grow.

 

Private Banking

 

If you are interested in learning more about the various ways to invest your money or plan for retirement, you should perhaps look into private banking options. In private banking, you have a direct account manager that you can contact any time with any questions regarding your account and how your assets are being handled. There are many options for investment through private banking, and most are fairly simple to understand, making this a preferred option for many individuals who are unfamiliar with wealth management.

 

Wealth Management Services

 

For those who don’t quite understand the concept behind wealth management services are available from a number of avenues to assist in the determination of how to handle finances. Wealth management means more than sticking to a budget; it also means planning for the future, and various institutions can assist in teaching individuals how to manage their money, as well as in providing complete wealth management services.

 

Wealth Management Firms

 

Have you considered a wealth management firm? You’ve spoken to private bankers and don’t like the options they provide for wealth management. You aren’t a fan of computers, so you don’t want to invest in wealth management software. However, you need a customized solution for your assets to build at a greater rate, and you have no idea where to invest. Wealth management firms are built on the basis of helping you to follow the right avenue. With a personal advisor, you’ll be able to configure your investment options to achieve your specific goals with as much or as little input as you feel is necessary.

 

Wealth Management Software

 

You may also consider the benefits of wealth management software. Many people have a hard time managing their finances enough to plan from pay check to pay check, much less to have a goal for the future. When it comes to wealth management, most people are completely flustered by the thought of having a budget that considers not only the groceries to buy tomorrow, but also the ones you’ll need to buy after retirement in 40 years. Wealth management software is a helpful tool in building your financial plans so that you can feel comfortable with your current lifestyle, be assured that you’ll have the assets you need in the future, and can fulfil some of your dreams in the interim.

 

The Ultimate Wealth Building System

Most people search for the ultimate wealth building system for most of their lives. It may surprise you to know that you own half of it the day you are born.

 

What half do you own? It’s your ability to make money. No matter what your education level or skill level, you have income earning power. Want to hear the good news about that and how it connects you to the ultimate wealth building system?

 

It’s not how much you make; it’s what you do with it that determines your financial condition.

 

The second half of the ultimate wealth building system is what you do with the money that you earn. There is a system to controlling the flow of money to create wealth. Very rich people know this system. It works whether you are an employee who works for someone else and you are using the system to control the flow of your personal income, or if you are a business owner using the system to control the flow of the company’s income. It is an amazingly simple system.

 

1) SPEND LESS THAN YOU MAKE - Cut your expenses back to operate within your income.

 

2) PUT 10% OF YOUR INCOME AWAY IN SAVINGS and don’t ever spend it. Set aside regular amounts of cash from your income for the future - always pay yourself first and put the money in savings toward gaining financial freedom. The ultimate wealth building system requires a minimum of 10% of income into savings out of every dime you earn. Just sock it away and forget you even have it. As it builds up, move it to places that earn better interest than the bank savings accounts. This includes buying houses and commercial buildings you can rent out to make more money.

 

3) DO NOT BUY ON CREDIT - pay cash instead. Debt is a disease that you should avoid contracting. Figure out what you want to buy and put money away towards the purchase every week until you have the cash. For large purchases like cars, furniture and equipment, buy used instead of brand new. Remember, those items lose value from the moment you buy them.

 

4) FIND WAYS TO MAKE MORE MONEY - the personal cost of living goes up about 3.5% every year, so you need to make more money just to keep up. If you work for someone else, increase your value to the company by taking on more responsibility and learning to do more; then ask for a raise. Be willing to work a second job if you have to in order to get out of debt and start putting money away.

 

If you own a business, look over your line of products and services and figure out how to sell more of the profitable items. Be willing to discontinue items that are not bringing in enough profit for the time, effort and cost to sell them. The secret to making more money is pretty simple if you put your attention on it.

 

5) USE YOUR MONEY TO INCREASE YOUR INCOME - After paying your ultimate wealth building system the 10% into savings and paying your bills, use any money left over in ways that increase your ability to produce more income.

 

Why is controlling the flow of money so important? It is the energy and life blood of a business or household. It is necessary to pump it through the income producing areas first to keep it running well. Everything runs smoother when cash is available.

 

Seems simple, right? And it is simple. The ultimate wealth building system is easily learned, and can be used to gain your financial freedom. It does, however, take personal discipline and commitment to achieve the goal of financial independence so you never have to worry about money again.

 

The really great news is that you have control over this system. Done correctly and consistently, the end result is always having lots of cash on hand, all bills paid, and plenty of money in reserves to finance what you really want to do with your money; not just pay bills. How well you control the flow of your money will determine how well your company or family will survive now and into the future. Correctly applying these five steps will make this wealth building system work for you.

 

The Two Biggest Thieves In Regards To Wealth Building

The two biggest wealth thieves a person will encounter are tax deductions and lawsuits. Taxes work against you by chipping away at your wealth. These include federal income taxes (deducting up to 39% of your income), state taxes (deducting up to 9.6%), and self-employment or social security (over 15.5 %.). The average American is paying 42-55% in taxes. Ironically, the wealthiest people in the U.S. are paying only single digits taxes. Rest assured, because there is something you can do about this, and it won’t cost you the $500/hr that these wealthy people are paying for tax tips from their specialists.

 

Next, lawsuits are the other evil. This is not the slow reduction of your wealth as with taxes. It is the sudden confiscation of the money you worked hard to build. You can literally fall from the top of the totem pole to the bottom of the barrel overnight. I believe there are no winners in lawsuits because even ‘winning’ a lawsuit takes up time and money that will set you back. Once again, you can protect yourself by learning how to structure yourself properly. You can "bullet-proof" your assets. You can even avoid lawsuits all together.

 

Crucial to understanding these strategies is differentiating the concepts of asset and liability. Ask yourself the following: Is a real estate investment an asset or a liability? You may be thinking, ‘It generates income and provides equity; therefore, it has to be an asset.

 

However, the answer is more complex. You must look at how you hold title to that property. If you own it incorrectly and are not properly structured, you could be putting yourself at risk. If you have your home, your car, your bank accounts all lumped together, someone can take them all away in one sweep. Therefore, you must learn how entity structure.

 

The True Determinants Of Building Wealth

Elite Formal Education is Overrated

 

There is a huge myth that going to a great school and getting a great job will help you build wealth. In reality, it’s more likely to bury you in so much debt that you’ll be close to retirement by the time you’re debt free. When I graduated from college (we won’t say exactly how long ago that was!), I had friends that had already accumulated about U.S. $80,000 in debt. And for some of those friends that went to med school or law school at my alma mater, they tacked on another $100,000 of debt, for a total burden of close to $200,000.

 

In today’s dollars, that debt would perhaps be more than $325,000. So in the first year after completing their formal education, some of my friends already had a minimum $2,000 to $5,000 monthly payment that came off the top of every paycheck. Any way you slice it, this is an enormous abyss with which to start your journey of life.

 

I know that many people will have a difficult time believing my next statement, but an examination of history will support my next assertion. The great expense tied to elite institutions serves two purposes. (1) To provide a network/structure by which the moneyed elites can retain power; and (2) To burden the non-wealthy with enormous debt. In the seminal book Education and the Rise of the Corporate State, Joel Spring wrote that ‘the development of a factory-like system in the nineteenth-century classroom was not accidental’. Russell Conwell, a member of the wealthy elite and founder of one of America’s oldest educational institutions, Temple University, voiced sentiments he believed should be integrated into education:

 

‘The men who get rich may be the most honest men you find in the community...Ninety-eight out of one hundred of the rich men in America are honest. That is why they are rich. That is why they are trusted with our money...It is because they are honest men....the number of poor who are to be sympathized with is very small. To sympathize with a man whom God has punished for his sins....is to do wrong.’

 

Elite Jobs that Build Wealth are Rare

 

In essence, elite education builds a caste system financed by debt. There are two predominant scenarios which students of elite educations face upon graduation. There are those that emerge from these schools debt-free and really didn’t need the advantage of an elite education anyway, and those whom are burdened with debt and will become cogs in the machine for the interests of the debt-free. For those that believe that they can dig their way out of this huge mountain of debt by working their way up the corporate ladder in the land of opportunity, think again. In 1965, CEO’s in America earned about 24 times as much as their employees. In 2006, CEO’s in America earned 262 times as much as their employees (Source: BBC News, June 22, 2006).

 

Furthermore, in 2005 and 2006, CEO’s from the 11 largest U.S. firms collected U.S. $865,000,000 in salary at the same time their leadership caused shareholders to lose U.S. $64,000,000,000 in company stock. Whether or not their leadership destroyed billions of dollars of wealth in the stock market was irrelevant. They were still rewarded. Such is how the modern-day caste system works.

 

Unless you will be studying engineering, law, architecture, or medicine, most formal education is not only irrelevant to building wealth, but you are certain to build it much more quickly if you become an entrepreneur and/or learn to invest properly. My opinion on formal education will only change when the majority of schools begin teaching what is truly necessary to succeed financially later in life. And that includes classes on:

 

(1) Investing in stock and non-stock assets

(2) Leveraging money

(3) Leveraging time; and

(4) Building successful networks (it’s not what you know, it’s who you know)

 

As it stands now, one can go to Harvard or Oxford, earn a doctorate, and still be ill- prepared to build wealth. Undoubtedly, the network that one builds at these types of institutions is exponentially more valuable than the education one receives.

 

Saving Money = Losing Money

 

Perhaps an even worse piece of advice is to save and put money away. Putting money away into a savings account and letting it sit there at the 1% or so interest rate that banks give these days just turns your money into dust. Consider that $1,000 in 1980 can only buy less than $500 worth of stuff in 2006 dollars, and it’s easy to see that ‘saving’ your money only loses you money. There are almost always good risk-reward investment opportunities somewhere in the world, not just stock markets. If real estate opportunities in Korea are poor, then Argentina or Iceland may be booming. It’s just a matter of widening perspectives to find them. Having idle cash sitting around and not working for you is never a good strategy when one desires to build wealth.

 

Want to find the land of opportunity? Go look in a mirror and you will have found it.

 

The Threshold Between Wealth Creation & Destruction

Wealth is simply the accumulation of money, and it can only be created by the amount of money that is received and never spent. If you want to build wealth, then anytime you receive money: don’t spend all of it. Sure it is a very simple concept, but it is very difficult to continually achieve. Luckily there are readily available allies to help you: find some compelling reasons to start saving, build it into a habit, watch the results of your efforts build, and set some financial milestones to reward yourself.

 

Setting aside a percentage of any money that you receive is the best method to follow through and build the habit of saving money. There are a few misers among us who find saving easy to do, but most people want to spend far more than is earned; let alone have the discipline of spending less than what they earn. So it starts as an uphill mental and emotional battle that gets easier by following through with the habit, and seeing the results of your effort. Spending less than what you earn every week, every month, every year, is the only way to amass money.

 

How much money should you set aside to build up savings? It should be a percentage so that you automatically move it into a separate savings account anytime you receive income, without exception. It is my experience that the range of 3% to 10% is the most successful starting percentage for people who continue saving over long periods of time. Saving only 3% is so small that it is nearly painless to even the lowest income earners (this is actually where I began years ago). Selecting a percentage under 3% accumulates to such a tiny amount of savings that I haven’t heard of anyone sticking with it. And starting out by setting aside over 10% is too painful for even high income earners to withstand, because they are so accustomed to spending on every whim. As you repeatedly save a set percentage rate, it will become more habitual, automatic and expected. Then you’ll be ready to increase your percentage rate. And the higher the savings rate, your growing pile of money will create more motivation to continue to save. This summer, I spoke with a successful saver who lives very well on only 30% of his income. Because he saved diligently to continually buy rental homes, after a couple decades he earns over a million a year in rental income by Ashville, North Carolina.

 

In the fragile first years of saving money, it can take only a single wrong financial move to wipe out everything that you’ve saved so far. And the most common wrong move doesn’t look like it when it is occurring. This draining move can also start insidiously small and build a different habit, the wealth-destruction habit. You know the problem: pay your credit card balance in its entirety, every month, without exception. As an example, if you haven’t saved money for a vacation before you depart, and then charge it all to your credit card, there is a giant probability that you won’t pay it off for a very long time. The credit card companies know this and they are extracting interest dollars from you instead of earning interest yourself. You’ve shifted to the dark side of wealth destruction where it is more common for your credit card balance to grow than shrink.

 

Let’s get back to building your wealth. Once you start setting aside the savings percentage that you’ve decided and opened a dedicated savings account, you need to closely review your account statements for motivation. Reviewing the progress that you’ve made so far you’ll see how you are moving toward financial goals can be self-reinforcing. And another motivator is rewarding yourself by spending some money on yourself when you’ve reached certain milestones. For example, you could start with a goal of accruing $500, and reward yourself with something meaningful; and then each time you double your amount of savings you get another reward. My advice is to at least begin with a savings percentage, even as small as my 3%, and allow this simple concept be of great financial benefit to you.

 

The Path To True Wealth

Many people believe that the path to true wealth begins with a huge money making opportunity. This is only partly true. While a good wealth building opportunity does come up from time to time, they are actually few and far between. Most of the people who attain true wealth are those that budget wisely, work hard, and do not live as if they were wealthy.

 

The path to true wealth begins with determination. When you are determined to amass wealth, you will be successful, even if it does not happen right away. Determination spurs will power, hard work, and pinching pennies. However, determination is not enough.

 

The next step on the path to true wealth is making a plan. The chances of finding that get rich quick scheme that everyone talks about making millions from are pretty slim. You need to make a plan for a profitable career path, business, or money making opportunity. You also need to make a plan for investment.

 

True wealth is about budgeting and investing. Do not spend all of the money that you earn. Save some back until you have enough to invest. This is actually easier than it sounds. When you have reached a lifestyle that is comfortable but not excessive, stop increasing your lifestyle. Instead, sock the money away into a savings account or money market account until you have enough to invest and try to amass true wealth.

 

You might invest in low risk, high return investments such as money market accounts, or you might invest in stocks or commodities. Investing in new and upcoming companies that are very promising, sometimes called penny stocks, is one of the best ways to invest your money and accumulate true wealth quickly. Investing the money that you do not spend is the best way to accumulate true wealth.

 

This is a perfect example of how to amass true wealth. One man started out working in a rock quarry. He moved his way up into management, then into executive management. In the early eighties, the man invested almost ten thousand dollars in savings into penny stocks in a company that many thought would never float. Later, he was a millionaire when Cellular One took off like a rocket. He took the money, reinvested it, and made yet more money. Still, the man only lived in a house just big enough for his large family. When he finally passed away, he had over one million dollars to be divided among his family, and he had not worked in twenty years.

 

The Automatic Wealth Building Habit

Can you really build wealth automatically?

 

The answer is yes...you just need to acquire a new wealth building habit.

 

You are going to love this habit because you do not even have to remember it....a banking computer remembers the habit for you! How is that possible? Read on and you will soon see.

 

Here is how the automatic wealth building habit works. It is based on the miracle of compounding interest and the amazing banking technology that is available to virtually all of us today.

 

Step 1

 

If you do not have a bank account with "Bill Pay" go to a bank that has it and open a new account. Ask them how many checks can be sent per month, can it be managed via the internet, what are the costs. Many banks now offer this service for free as a promotion to get more customers.

 

Step 2

 

Decide who it is that you want to help build wealth. Yourself, your child, a grandchild, or even a friend. This habit also works for building spiritual wealth...more on that later.

 

Step 3

 

After you open the account you now have the ability to select any amount of money that you want sent to any person or organization and at almost any time interval. Some banks even offer an unlimited amount of bills that can be sent. The banks will then mail checks at regular intervals to the people or organizations you have designated...you do not have to do anything.

 

The real power of this habit is that you are not going to be sending bills in most cases...you will be sending wealth building payments....automatically!

 

OK, before we get to step 4 let's look at the amazing power of compounding interest to see how much wealth can be built over time with this habit.

 

Here is an example of how much wealth you could build by having your billpay send just $50 per month into an account (mutual fund, IRA, etc) that has a 5% yield.

 

1 Year = $615

5 Years = $3,400

10 Years = $7,764

25 years = $29,775

 

You can learn more about compounding interest by doing a Google search on the internet. Obviously the amount of wealth you can build varies with the amounts and frequency of bill payments sent to your wealth building accounts and your rate of interest.

 

This is where research can help you, it is beyond the scope of this article to show you all the amazing possibilities that exist.

 

The beauty of the bill pay system is that it is very easy to adjust your recurring amounts up or down based on your current financial situation. As an example, you could set up your bill pay to send $12.50 each week into an account (Equals $50 per month) or change it to $15 per week for a few weeks and then back down to $12.50 at a later time. You decide exactly who gets the money, how much, and how often....you have complete control at all times. It is amazing wealth building power.

 

Step 4

 

Now it is time to set up your automatic wealth building habit using your bank’s billpay system. Get the address of the person or organization you want the money sent to including the account number. Go online and set up a new account with this information. Set frequency and amounts. Note: I have been doing this since 1992 and have multiple accounts (Charities, IRA's etc) that have received money from me every month for 14 years and I have never written or signed a single check! I know from personal experience that the system works and I have never had any problems.

 

You can get very creative with how you build wealth and who you help build wealth.

 

• Set up an automatic bill pay to fund a child’s college education. There are many states that have plans that start with low monthly fees when the child is born or still young.

• Set up an automatic bill pay to fund a child’s savings account, just have the money be sent to the child’s bank with their account number listed on the check memo "Deposit to account ######"

• Set up an automatic bill pay to send a charity a payment every week. Remember that I said earlier that this habit can help you build spiritual wealth? If your church receives an automatic charity payment every week you are helping to support your church every week, even when you miss a Sunday service.

• Set up an automatic bill pay to send money to someone in need.

• Set up your bill pay to actually pay bills that you have paid late in the past....you may be able to save enough in prevented late fees to fund your wealth building payments!

 

The possibilities are endless.....you just need to take action and make it happen!

 

The 5 Unbreakable Laws Of Online Wealth Building

When the internet first started, few could ever imagine how far reaching it’s effects will be more than a decade down the line. It’s a fact of life now that the internet will continue to change virtually every aspect of our everyday life. As the world’s internet population keeps expanding, so does the opportunities for entrepreneurs and ordinary folk looking to escape the slavery of a nine to five job.

 

Online wealth building is for everyone. The sheer amount of opportunities presented online enables anybody to start building wealth online. There are just so many areas to explore and regardless of your level of talent, skill or interest, you will find something that suits you. Someone once said that ‘you can turn any passion into profit online’ and this is more true now than ever before. It seems like the biggest problem is not in finding a suitable program, but rather in not getting distracted by all the various options that we get bombarded with. Every single day new opportunities open up and it’s our natural tendency to get in on the action. Online wealth building however relies on focus and having the discipline to not get distracted.

 

If you are committed to building your wealth online it holds many obvious advantages. The freedom to work on your own clock and answering only to yourself are the main reasons why so many make the shift from the office to the spare room at home. Many online wealth building programs create false illusions that leave many aspiring newbies out in the cold after investing their valuable time and money. The internet is a tough world when it comes to making a living, but then again so is it out there in the ‘real’ world. Don’t expect an easy ride, but don’t be put off either. There are just so many opportunities online that you are bound to find your place sooner rather than later.

 

I would like to offer you what I consider to be the five laws of online wealth building, that can help you greatly towards creating long term success online. I would encourage you to use these laws to evaluate potential opportunities or just to evaluate your current position.

 

The Law Of Excellence:

 

Things tend to move really fast online. It is critical that you commit yourself to excellence and to always keep learning and improving. If you don’t you will most certainly fall behind. Strive for excellence. You can’t keep doing the same things and expect to improve, nor does doing more of what doesn’t work won’t make it work any better.

 

The Law Of Quality:

 

I like the term ‘wealth building’ because it implies that it’s not some instantaneous thing. Quality always gets rewarded long term and although some of the ‘get rich quick’ schemes online work, they rarely work long term. There is a big difference between making a quick buck and building wealth. Whatever you create online, strive for quality first as this will ensure sustainability in what you do.

 

The Law Of Choice:

 

Wealth is a choice. You’ve probably heard this before, but never really understood it completely. Being wealthy starts with a choice and it’s a choice you have to make daily. The internet is responsible for the largest distribution on wealth in history. The power is shifting from the big corporations to the guy (or girl) in his garage with a single laptop. You can choose to be part of this or to keep doing what you’ve always done.

 

The Law Of Persistence:

 

When it comes to online wealth building, for some the learning curve will be greater than for others. Regardless of your skill level you will face many challenges and often consider packing it in. This is where persistence and perseverance comes in. Realize that you will always meet with much difficulty before you succeed - it’s essential for your personal growth and developing to a level of success.

 

The Law Of Value:

 

Whatever you do online, be a team player! I cannot overemphasize that enough. Your wealth and success is directly proportional to the amount of value that you add to other people. If you want to be more successful, just think of how you can add more value to other people’s lives.

 

Financial success is most certainly obtainable for virtually anybody. There is however a big difference between obtainable success and sustainable success. Just think back at the story of The Three Little Pigs - you want to build your ‘house’ from brick and make sure that your success is sustainable long term. After all, who wants to quit their day job only to go back after six months?

 

Should You Use A Private Wealth Management Broker

If you have a business and all of the struggling and hard work you have been doing to make your business successful, then it's probably a good idea to look into a private wealth management broker. You don't have to be a wealthy business, at the moment, but a financial service may be able to help you extend your potential, maybe even better than you have ever imagined. When searching for an investment broker make sure they are interested in your long-term goals and risk tolerance and understand the nature of your assets. You're looking for a private wealth management broker who will have an interest in developing a long-term asset allocation and works with you to implement an appropriate strategy that will help you meet objectives. Make sure they service each individual client's portfolio on an ongoing basis and evaluate possible adjustments in response to economic changes, market trends or client needs on regular bases. Managing anyone's money and life savings brings both tremendous opportunity and responsibility for individuals, families and family office executives. Addressing issues of generational wealth requires the right partners. When choosing a private wealth management broker one should require a proactive partner with world class capabilities. Choose the financial service that will have comprehensive financial solutions that are designed to help you grow, preserve and manage your wealth.

 

Many financial services have a specialized division composed of experts from each of their service areas, and are dedicated to providing comprehensive and flexible financial solutions to meet your unique needs. Many services believe of course, they are leaders in these areas. Just make sure they are committed to identifying and rigorously analyzing financial information, strategic issues and trends, both regionally and globally, which affect companies, industries and markets and fundamental changes which may have a meaningful impact on future investment values for you and your family. Distinguished and objective research is critical to serving investing clients in the equity, fixed income, currency and commodities markets worldwide. When searching for a private wealth management broker, you want to make sure you are comfortable with your broker enough to make a type of bond with this person. After all, he or she will be your trusted advisor, and their goal for you should be in building and managing your wealth be their overall objectives in mind.

 

The private wealth management service you choose should be to provide you with the tools and services necessary to reduce the administrative burdens of managing money that will allow you to focus on what you do best - maximizing trading performance, building your business, and attracting new sources of capital. Do they have programs that can provide you with an opportunity to generate and increase revenues through relatively low risk, well-understood transactions? You and your family face a number of challenges. You're looking for sound investment advice from advisors you feel you can trust. Rather than pre-packaged products, you need access to quality investment solutions founded on your unique situation. And you need help in developing a coordinated financial plan that seeks to address your total wealth picture and changing needs over time.