Richard Blair is an adviser who provides wealth management and retirement planning for his clients located in the Austin Texas area. He enjoys distributing the type of information that creates a financial road map. Blair understands that a solid financial vision can help with the obstacles that inevitably come in life. Richard goes by what he calls the Three Pillar approach. With this tool he assesses his clients current situation. He then moves forward and decides how it ties in to a comfortable retirement.
Pillar number one entails laying out the road-map itself. Blair will need to have a clear picture of the clients goals. He will then analyze their financial strengths and calculate opportunities for growth. This will also help him determine the risk tolerance of a client’s particular situation. Building such a road-map takes time, which is why Richard establishes long-term relationships with his clients. It helps him get deeper into their needs and provides a better understanding of their expectations.
Pillar number two is about investments. Investment strategies are tailored around a client’s unique goals. Blair assess their liquidity needs. This information allows him to manage the assets and maximize their performances during very stage of the market. He will help the client take advantage of the market when it is on the up wing and minimize the impact when it is headed in a negative direction.
The third pillar is all about implementation. At this point Richard has been monitoring the client’s goals. He will track data and compare the information. Blair is looking to match his clients goals with his honest assessment. From there he will build strategies for adequate liquidity and growth.
Richard Blair founded Wealth Solutions as a firm that would specialize in working with individuals, families and small businesses. Richard is passionate about education due to the fact that members of his family were teachers. He learned to appreciate how appropriate knowledge for a situation breeds confidence. He applied this mindset to his natural aptitude for the finance industry. It opened Richard’s eyes to the fact that he could help a lot of people.