As the old saying goes, “Nothing is constant except change.”
Whatever life transition you may be facing, whether it’s a positive one like the start of a new business venture or a sadder experience like a divorce, it’s likely to come with significant financial impact. Rarely does any major life event occur that doesn’t.
But while life’s changes will come – and they will, no matter how you might try to avoid them – you can better navigate them with a trusted financial advisor by your side. According to Shannon Holland, CFP®, CDFA®, AIF®, Associate Vice President of Investments at Wise River Wealth Management of Raymond James, when you can delegate your financial planning to an experienced professional who understands not only your goals, but your most deeply held values, you are one step closer to not only weathering today’s changes, but building a financial future you can depend upon.
“Life is full of changes. And events like a later life divorce or selling your business bring a lot of financial uncertainty with them,” said Holland. “These changes can often affect your finances in quite unexpected ways. That’s why it’s helpful to have an unbiased, experienced person who will work closely with you to develop a financial strategy that will help see you through.”
For many, investments and money management can seem like a daunting task. Perhaps even more so when big changes are afoot.
“Seeking professional and personalized financial advice to help you navigate life’s transitions can make a big difference to how they affect your day-to-day life,” said Holland. “Are you looking to live your life with purpose? It’s harder to do when you are spending most of your time worrying about financial matters.”
Holland added, for those who may already be working with a financial advisor, these major life changes can often shine a light on places where those individuals have not focused on your interests over the long term.
“Unfortunately, in our industry, there are some professional financial advisors out there who are consciously underserving their clients in different ways,” he said. “They may say they are comprehensive, but in reality, they are only comprehensive in a few areas – usually the ones they stand to make money from. They are more focused on their own goals than yours. And you’ll find, when there is a big change in your life, that lack of service becomes very apparent.”
The right financial advisor will take the time to understand your full financial picture, as well as your goals for today—and tomorrow. And they will always work with your best interests in mind.
“Life’s changes aren’t easy. But they have a way of making you better understand what’s really important to you,” explained Shannon. “And once you understand how you really want to live your life, and how your finances can better support those goals, a trusted financial advisor can develop a truly personalized strategy so you can achieve your goals in a way that is aligned to your values – no matter what the future may bring.”
Shannon Holland, CFP®, CDFA™, AIF®
CERTIFIED FINANCIAL PLANNER™
Certified Divorce Financial Analyst®
Accredited Investment Fiduciary®
Associate Vice President, Investments
1421 Pine Ridge Rd., Suite 300 // Naples, FL 34109
Direct: (239) 513-6513 // Fax: 239.596.5474