Financial Planning with Richard Dwayne Blair

Richard Dwayne Blair is the founder of Wealth Solutions with the aim of giving financial planning and solutions to clients. From the University of Houston, he achieved his Bachelors in Finance and financial management. He has an excellent range of skills in financial planning, Portfolio management, retirement, risk management, financial advisory, and wealth management among others.

He is famous for offering unique professional services in investment strategies to clients in all market conditions. For Richard to achieve success to solve financial problems to clients, he formed a plan which he referred as “Three Pillars Approach to Financial Planning.” He specializes in planning requirements for retirement and formulates strategies to meet the clients’ needs of the retirement. He takes time to attend a client to understand their desires for a strategic financial approach.

In the first pillar, it outlines the development layout of the financial roadmap of the client. Each client is unique regarding desires, risks tolerance, strengths and weaknesses and so are the maps. It is the backbone of the company, and many factors are put into consideration to assure clients all assets are in order and to have a firm and long-lasting relationship with each customer. This enables him to understand their motives as well as to establish clear goals, concerns to the clients.

Richard Dwayne Blair’s second pillar approach to financial planning designs a strategic business plan that develops a long-term investment approach which enables customers to achieve goals and satisfy their needs for liquidity. At this stage, Richard takes time to invest client’s assets into a variety of markets to compare the performance of investments to provide maximum returns when the market conditions are conducive. He is good at active management and having defensive mechanisms when the markets trends down.

In the third pillar, all financial plans developed are implemented. Richard put all strategies in place for the adequate growth of the investments. Then he monitors the economic growth of the clients comparing to a variety of standards such as historical market data, model portfolios, and clients expectations. Monitoring ensures proper coverage of clients’ needs since market fluctuations cannot be entirely predicted.

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