Richard Dwayne Blair is a registered expert as an investment adviser at Wealth Solutions. He went to the University of Houston where he studied a bachelor’s degree in Finance, the option of Finance and Financial Management Services. He has a wide range of skills in the financial industry, and he offers advice to investors and individuals on economic matters. Richard is a firm believer that individuals require to have a financial plan or rather a plan to pursue their financial goals in life.
Richard Dwayne Blair provides services such as wealth management and retirement planning to individuals in Texas regions and Austin among many other areas. He is committed to educating his community members through a successful financial roadmap that will be a guideline for them as they make great milestones in life. One of his approach to developing an open financial plan entails the Three Pillar Approach. He shares out, as this is what enables him to sort out financial situations as well as retirement needs from his clients.
The first pillar brings out the financial roadmap. At this point, Richard finds out the route through identification of the goals, risk tolerance, strengths, and growth opportunities for a particular client. At this stage, he can create a good relationship and a lasting one with the customer. It enables him to gain a deeper understanding of what concerns the client as well as their goals as far as finances are concerned. It helps in establishing expectations. The second pillar is designed to build an effective and a long-term investment approach that is subject to the goals and the needs of the client.
At this point, he actively manages and reallocates the assets to help work out the performance chances while reducing the negative impact in the market for the sake of the client. The third and last pillar is to review the process to implement and monitor the entire plan. Richard Dwayne Blair performs and oversees the financial goals of the client through a process of tracking and weighing the situation with the expectations of the client, model goals, as well as the historic date. By the end of the period, the client will have a clean financial plan and an achievable goal economically.