Debbie and I are in the middle of a big addition to our house. Yeah, I know what you’re thinking. People our age are generally in the mode of downsizing. But not us. We’re adding on. We’ve always been sort of odd that way, even with our kids. We were blessed with Kayla at an age (42) when most people are thinking about their kids leaving the nest.
As Linda and I closed in on our 60’s, we began looking at what would happen to you, our clients, if one or both of us chose to retire or became too ill to work. Many advisors choose to simply do nothing, and if they retire, or an unfortunate event happens, the clients are left to fend for themselves until they find another advisor. Other advisors wait until about a year before they retire and try and sell their business to another advisor, giving the clients only a short time to adjust to a new face handling their account. Neither of those options seemed like what we wanted. We truly care too much for you, our clients, to leave you dangling on your own if something unexpected happens to one of us. And we understand how long it takes to build a trusting relationship with someone new who you are trusting with your financial future.
So, four years ago, after much searching, Linda and I added on. We brought in two younger partners, Dan and Jeff Funderburk. Neither of us had plans to retire anytime soon, but we felt that the more time we could spend with the younger advisors, grooming and mentoring them in the way we manage money, the easier it would be for our clients when the time came for us to step aside. It also affords our clients more opportunities to meet and interact with Dan and Jeff and begin building that level of trust.
What Linda and I have found over the past four years is that Dan and Jeff are terrific young men of high moral and ethical values. They are smart and quick learners and want to be mentored. They have brought skills and new ideas to Legacy that Linda and I didn’t have. While we have made them better advisors, they have also made us better advisors and now we have a team of advisors with different skills that blend well together.
Linda and I are still healthy and working and enjoying our jobs and clients. We’re forever thankful for that. But our decision to add on has ensured to you, and future clients, that Legacy Wealth Management will continue well beyond Linda and me.
These are the opinions of Mike Berry and not necessarily those of Cambridge, are for informational purposes only, and should not be construed or acted upon as individualized investment advice.
Mike Berry is a Registered Representative offering securities through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Legacy Wealth Management, LLC and Cambridge are not affiliated. Cambridge does not offer tax advice.
Copyright ©2019 Mike Berry. All Rights reserved. Commercial copying, duplication or reproduction is prohibited.
