Why Experience Matters

Age is no guarantee of wisdom.  But when you entrust your money to a financial advisor there are advantages to having at least a few gray hairs. 

1. The stock market runs in cycles. One thing that experience teaches is that markets are not escalators that always go up.  It helps to have a decade or three of experience to know what to expect when the Federal Reserve changes interest rates, when inflation takes off or when markets get over-priced.  It is good to have an advisor who has experienced similar markets before.

2. Bear markets happen. Was your advisor even alive during the crash of 1987? Was he around for the dot.com bubble or the Great Recession?   If not, he may not be prepared for the next one.

3. Clients value commitment. Clients value advisors who will be there for them not just today but for decades in the future.  The relationship a client has with an advisor is a long-term one.

4. Do what you love. Good advisors love their work.  They get satisfaction our of helping people accomplish the important things in their lives, allowing their clients to focus on the things that are important to them and managing their finances so that it is one less thing they need to worry about.   

Our team is made up of people who have worked together for decades with clients who have been with us for even longer.  We often find ourselves working with several generations of the same family.  Investing is usually a long-term relationship. People want to work with someone who understands their unique situation. They want someone they can call a week, a month, or a year from now and still find them at their desk.