You’re young and affluent. Upwardly mobile. Perhaps you have high earnings but are not yet “rich.” You have lots of options, but it’s hard to know which to pursue. Should you buy a bigger house, save more, or pay off student debt?
Investors who identify themselves as upwardly mobile have unique concerns that we at Stearns Financial Group can address. Some of our wealth builders are entrepreneurs or successful professionals, some are saving for financial independence, while others have come into sudden money through an inheritance or unexpected windfall. All have tried saving and investing alone, but questions surrounding the best path forward have led them to us.
At Stearns Financial Group, we know what it takes to fully optimize and plan for the various twists and turns that come with living a rich and full life, while keeping an eye on a long future. Our dedicated team of wealth professionals helps wealth builders understand each option, while instilling confidence and clarity around those choices.
UNDERSTANDING WHERE YOU ARE
We recognize life feels extremely busy when building a career – and a family. Usually there aren’t enough hours in the day to tackle much besides what needs to be done immediately. You may be caring for aging parents while still shuttling kids to soccer games and juggling career demands. Some of you may be more socially conscious than your parents, and seeking investments that will not only do well, but also express your values.
It’s great to have a strong household income but you still wonder if it is better to pay down debt or save for the future? Then there’s the challenge of understanding the differences between good debt and bad debt. All the while, cash flow management is a growing
concern that is top of mind.
We recognize our clients who are still growing their wealth will face a couple of surprise bumps in the road while striving towards their financial goals. We’re on board to help steer these clients through the rough patches as they reach for big hopes and dreams.
HOW WE SUPPORT WEALTH BUILDERS
Our wealth builder clients are building careers, lives, and families. As their responsibilities at home and at work have grown, so too have their questions about managing their investments and personal finances. At Stearns Financial Group, we help professionals turn high incomes into wealth through:
Financial planning
Cash flow analysis
Debt reduction strategies
Risk mitigation strategies
Globally diversified portfolios
Tax efficiency
Savings and investment planning
Public and private strategies
One-on-one relationship with an experienced financial professional
Periodic reviews of your situation
Collaborative approach with other professionals, such as CPAs and estate planning attorneys
GUIDING FINANCIAL GROWTH AND DECISION-MAKING SOUNDS SIMPLE, BUT SOME MASTERY IS REQUIRED.
Here’s how we approach it:
Creating concrete financial plans and what-if scenarios with the SFG trademarked Financial Independence Roadmap℠.
Educating our clients regularly about financial and economic matters.
Evaluating how to make the most of peak earning and asset accumulation years.
Explaining beneficial tax strategies.
Offering ideas on the best way to save for and pay for kids’ college educations.
Answering questions like, should I buy or lease my vehicles? Purchase a vacation home Become a landlord?
Serving as trusted partners who listen and seek to understand what matters most.
Dropping our traditional $1 million client minimums for clients.
Working on life-event planning and asset management services for those who are serious about saving and potentially retiring early.
Most importantly, we waive our traditional $1 million client minimums for qualified wealth builder clients.
RESOURCES FOR OUR WEALTH BUILDER CLIENTS
Emerging Affluent Has Different Needs
Profile of Stearns Financial Group’s Emerging Wealth platform in Citywire RIA magazine.
Transition Planning
Watch an inspiring TEDx video on how Change Launches Your Next Chapter by Susan Bradley, CFP®, CeFT®.