About Richard Blair
Richard Blair is the founder of Wealth Solution which was established in 1994. This is a $52 million company which is registered as a Registered Investment Advisory by the U.S Securities and Exchange Commission. The Austin, Texas-based firm was established with a principal aim of helping families and small business owners to realize their financial goals.
Richard Blair founded the company since he always believed he could help individuals to overcome financial ordeals. Thus, after graduating from college, he started the Wealth solution which has grown to be a multi-million firm. Over the years, Richard Dwayne Flair has focused on formulating retirement plans for his clients. Moreover, he helps clients pursue the vision of a successful retirement plan.
A Three Pillars Approach to Financial Planning
According to Richard Blair, we all need a plan to realize our financial objectives. Despite providing the retirement plan for his clients, he seeks to come up with ways to assist community members in creating an economic paradigm that will help them in their financial endeavors. For many years, Richard Blair has always produced a successful business plan for his clients.
Richard Flair follows a three-pillar approach to develop a successful financial plan. The three criteria place him in a more dominant position to assess the current economic state of a client to provide a more convenient method. The pillars are discussed below.
The first pillar is for designing the perfect financial roadmap for a client. Richard Blair achieves this by examining the client’s goals, risk tolerance, strengths, and opportunity for growth. This stage is critical since it helps in building trust between Richard and his clients. In this way, he will be able to assess the client’s goals and concerns.
The second stage aims to establish a long-time investment plan with regards to the client’s concerns, expectations and liquidity assets. In this case, Richard relocates client’s liquid assets in times of financial constraints and make them perform maximum.
This is the final stage that involves implementation and monitoring. Richard Blair tracks the performance of the client’s liquid assets and compares them to the set-out expectations and goals.