WEALTH MANAGEMENT Tampa Bay Magazine
Step 1: Don’t go it alone!
The rules of the retirement
planning game are
changing rapidly today.
You need trusted professionals
who focus on solving these types
of financial and legal problems.
These trusted professionals
won’t be found in the form of
your favorite bank teller, or at
the local coffee shop, beauty
salon or golf course.
The most complete review
available will be with specialized
teams of professionals who
have both a qualified elder law
attorney (we have been working
with the same attorney for over
20 years) and an experienced
financial advisor and licensed
insurance professional who
specializes in asset accumulation
and protection.
Step 2: If it sounds too
good to be true, it probably is.
It’s a common and scary trend today
to hear retirees who have made
poor decisions based on “buying
into great opportunities.” For instance,
if a financial salesperson tells you
about a 9% CD, when you know darn
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well the bank down the road is paying
1.25% on CDs, guess what? That’s a
giant, waving, red flag.
When you hear something that
sounds good and you want to believe it,
ask more questions like: “So, what are
| MAY/JUNE 2016
the strings attached?” If they say “no
strings,” then most likely, you need to
turn and run.
There are a lot of great financial
products with attractive features,
but even the great opportunities out
there come with “rules” (aka “strings
attached”). You need to know what
they are and if they are acceptable to
you and in-line with your planning
goals. Always use and trust your own
good judgment and common sense.
Step 3: Understanding
Commission Brokers
We know the value
of integrating trust
d o c u m e n t a t i o n
and specific financial products.
However, be very cautious when
the purchase of a financial product
also entitles you to free legal
documents to support the plan.
This is where you can be penny-wise
and fortune-foolish.
Our business model at The Holland
Group is designed for collaboration
among like-minded professionals
focused on meeting the goals and
objectives of the client. No one
professional can wear all of these hats
and be good at all of these jobs. A key
SIX
sure-fire
steps to hiring the
be s t advisor
Welcomes
The Holland Group
as Our New
Financial Contributor