Our goal at Premier Financial Group is for clients to experience financial peace of mind. This mission guides us through the work we do every day.
Yet, we’re aware that many individuals find themselves grappling with uncertainty and stress when it comes to their finances. We believe that true financial well-being stems from a combination of security, clarity, and proactive planning.
What Does it Mean For You to Have Financial Peace of Mind?
Financial peace of mind is deeply personal and can vary from one individual to the next. For some, it may mean having a sizable retirement plan in place, while for others, it could mean feeling secure in their ability to get through unexpected challenges. Take time to define what financial peace of mind means to you so you can set goals and live a life you enjoy.
Generally, financial well-being means having the ability to make informed and confident decisions about your money, and having a comprehensive plan in place that creates long-term stability. Let’s dive in a bit more.
A Clear Plan
A huge obstacle to achieving financial peace of mind is knowing what to do with the money you have — both to maintain your current lifestyle and maximize future returns. But there are thousands of investment choices, including stocks, mutual funds and a variety of retirement plans to choose from. Finding the right one for your circumstances and goals can quickly become overwhelming — especially when you’re experiencing a major life event, like:
- Retirement and near retirement planning
- Selling or starting a business
- Career change
- Navigating the loss of a spouse
- Navigating inheritances
- Selling real estate and other assets
- Second marriage planning
- Change in relationship with a current investment advisor
It’s important to have a wealth management company that helps with your financial peace of mind, coaching you through difficult times and helping you make momentous decisions. You want someone who is experienced and acts as a champion for your financial and overall well-being.
A Trusted Partner
Hiring a wealth manager isn’t just paying for a service; you’re putting your trust in that person to protect your livelihood, and that shouldn’t be taken lightly. This is why the concept of fiduciary duty was created.
By definition, a fiduciary has a legal responsibility to put your needs first, providing advice and management based on your unique needs and goals — and not pressuring you to invest in specific funds or keeping you in the dark about their strategy or fees.
Doing your due diligence to find a reputable fiduciary will pay dividends. You want someone who will be transparent about your finances, provide advice that is in your best interest, and maintain confidentiality throughout your working relationship. Put simply: you want an advisor who has your back.
Proactive vs. Reactive Investing
Think of the stock market as a rollercoaster, climbing up steep tracks, making sudden swerves, and loop-de-looping from one second to the next. You’d never jump off a rollercoaster while it’s still moving! You may feel a flutter or stomach drop, but also know that eventually the car will slow down and even out. The same goes for your investment funds; when there’s a sudden dip or rise in the market, you shouldn’t panic.
Unfortunately, many investors do just that, taking immediate action in response to the market — buying or selling every time there’s a shift. This approach often leads to short-term gains at the expense of long-term stability.
Instead, take a conservative and diversified investment strategy to wealth management. While the growth may be more gradual, you’ll get strong, consistent returns over time, and with less risk.
Education and Transparency
Financial uncertainty often creates confusion or anxiety. Many individuals don’t have a picture of their current state, including:
- What they can afford now
- How far their savings and investments will go
- If and when they’ll be able to retire
Much of this stems from a lack of knowledge about the market and financial industry itself. Staying informed about investment options and tax strategies means you can make financial decisions confidently. Your wealth manager should offer full transparency into your investments and the market, going beyond advising what to do with your finances and giving you the why so you can become an expert in your own finances.
Premier Sets You on the Path to Financial Peace of Mind
No one should go through life in constant concern about finances. Premier’s comprehensive approach to financial well-being gives you the freedom to enjoy the good things in life and the safety to weather the setbacks.
We manage client assets the same way we manage our own, with an evidence-based investment strategy that facilitates long-term wealth accumulation. We work with Dimensional Fund Advisors, one of the largest mutual fund groups in the US, which offers clients a diversified approach that alleviates risk.
Above all, our team is passionate about what we do and serves clients with the utmost integrity. We listen to your needs and meet you where you are. And we love sharing our knowledge to work collaboratively with every client, allowing you to make informed decisions. And we love sharing our knowledge to work collaboratively with every client and allow them to make informed decisions.
We’d love to get to know you. Reach out to speak to one of our associates today.