We are excited to announce that Merriman Wealth Management, LLC was recognized as one of the Top 300 Registered Investment Advisors (RIAs) in 2014 by Financial Times!
Financial Times uses a number of quantifiable and objective measures of investor-centered criteria to select the top firms, including assets under management (AUM), AUM growth rate, years in existence, compliance record, industry certifications and online accessibility. We are proud to be named in this elite group.
Download a full copy of the Financial Times special report here.
Merriman is not affiliated with Financial Times and did not pay to participate in the list. Please see pages 2 and 12 of the FT Special Report for a full description of the selection methodology utilized by Ignites Distribution Research, a sister publication to Financial Times. Rankings are historical in nature and are not indicative of future performance. The FT 300 list is not an endorsement from Financial Times nor a testimonial of client experience with Merriman.
Seattle is still reeling with excitement from the Seahawks winning the Super Bowl! Over 700,000 Seattleites celebrated downtown to welcome the champs coming home. No matter where your team allegiance lies, it’s easy to spot the strengths of the Seahawks both on and off the field. These lessons can be applied to multiple areas of life, including your finances.
Here are 12 things everyone can learn from the Seahawks:
1) It’s never too late: Russell Wilson was a third round draft pick but that didn’t determine his performance. No matter when you start saving and investing, there is always opportunity ahead of you.
2) Diversification is key: Every player on a team has a specific job to do, just as every investment in your portfolio has a unique purpose. It’s hard to win with a team full of quarterbacks! Design your portfolio with broad diversification to cover all types of positions.
3) Defense wins championships: There is a saying that “offense wins games and defense wins championships.” Many times it’s the team’s offense that gets all the praise and glory, but without a strong defense to hold back the competition, all of the points scored are for nothing. It’s easy to get caught up in short term performance chasing of stocks, but make sure to manage downside risk with bonds so that your returns won’t disappear in a down market.
4) Find a coach: Every team needs a coach to lead them to victory. Having a financial advisor will keep you on track toward achieving your goals.
5) Don’t compare your strategy to others: Every team has a different approach on how to win games. Your friends and family have their own ideas about investment that may be different from yours, and that’s okay. Stick with the plan you make with your financial advisor – it is unique to you.
6) Break expectations: Seahawks fullback Derrek Coleman is deaf. No one expected him to be able to play in the NFL but he didn’t let other people’s beliefs hold him back. Commit to success and don’t let others get in the way of what you want to accomplish.
7) Take a look back: Teams spend countless hours watching game footage to learn from their mistakes. Look back at historical investments to learn all you can about performance volatility throughout various market conditions.
8) Go all in: The Seahawks have an “All In” sign that they hit on their way to a workout. Often we don’t want to commit to a plan unless we know for sure it will work out…but a plan can’t work unless you commit. Go all in.
9) Never give up: Even when it looks like a team has lost, there is always a chance for a comeback late in the game. Sometimes when a portfolio is down, we are tempted to switch strategies or abandon hope. If you give up too early, you might miss the winning finish.
10) Have fun: Football is tough work but it is also a lot of fun. Always make time for the activities you enjoy with the people you love. As we say here at Merriman – Invest Wisely, Live Fully.
11) Give back: In the midst of practice, games, media interviews, and sponsor appearances, Russell Wilson still makes time to visit the patients at Seattle Children’s Hospital. Appreciate the gifts you have in your life and share them with others.
12) Identify your 12s: Seattle’s fans are known as the 12th man. Even though the fans aren’t on the field, they play an important role in the game. Find fans who will support you through all your wins and losses, and recognize their contribution to your success.
Fall’s arrival is always a sweet end to a perfect summer of sun and warmth – it wakes us up with a blast of cool weather as the leaves change color and fall around us. Most importantly, it brings us football season.
You may now begin your fantasy football addiction, adorn your college or NFL jersey, tailgate, or just notice football games taking over every TV in your life. Football is embedded in our culture. We root for a team to overcome individual idiosyncrasies and be the best and greatest.
Vince Lombardi likes to remind us “Football is like life.” If football is like life, what does your Life Team look like? Is your defense ready to go? Who would be your quarterback? What receivers would make your touchdowns? And what offense is preventing life events from taking you by surprise?
In the game of life, every family needs a good proactive defense behind them:
- Your goals in life represent the ball – being carried through life against your ever-changing environment and market.
- An advisor is the quarterback – implementing strategies for success as the on-the-field leader.
- The research team is the center – the first line of defense to support the advisor in a volatile market, ensuring investment assets are diversified and invested to obtain the best return for the acceptable risk.
- The technology team and client services are the guards and tackles – creating openings for efficient account activity, evaluating security of trading systems and your data, and blocking negative third-party experiences.
- The advisor’s professional network represents the receivers – experienced in positioning you for success by looking for opportunities to protect you from potential blocks.
You also need an excellent offense: a proper asset allocation, efficient tax planning, detailed insurance planning and maximized wealth preservation and wealth transfer.
In the team approach, each player comes together to share information and ideas, review strategies for reaching your goals on a holistic level, and ensure an adequate offense to counter life’s hiccups.
Otherwise, the success of one player, you, running the ball all the way to the goal line alone is small. Individuals can at times think too much about changing their strategies, and sometimes don’t take appropriate or timely action when obstacles present themselves. They are not able to move freely through life and enjoy the present.
Consider your current Life Team and what changes you would make.
Over the past 30 years, Merriman Wealth Management evolved into a Life Team to help accomplish your personal and financial goals. We believe by aligning our clients, internal employees and external professionals toward the client’s goals and values, we can make a significant impact in covering the field to implement long-term strategies for success and helping you get what you want in life. Whether you’re ready to take the step to be part of a team, or you’re still thinking about making changes to your life strategies, we will be here when you need us.
One of life’s happiest moments for any financial advisor who seeks the CERTIFIED FINANCIAL PLANNER™ designation is the day a letter arrives in your mailbox, congratulating you on passing the very challenging ten-hour comprehensive CFP® exam.
After using all your free time for one to several years to study for this difficult exam, it’s a huge relief to know you’ve accomplished what you set out to do. Soon, you’ll be able to use and display the CFP® credential proudly and forever.
This week, two of our financial advisors at Merriman, Mark Metcalf and Eric Jonson, received their “pass or fail” letters from the CFP® Board of Standards. Opening the envelopes to discover they had passed the exam was a very proud moment for the two of them, their families and for our entire company.
As the good news spread around the office, there were a whole lot of high fives, hugs, laughter, slaps on the back, sighs of relief and very big smiles. When I learned the news, I threw in my own loud “WOO HOO!!”
An advisory firm is only as good as its people. That’s why we are very proud that all ten of our advisors have successfully gone through the very challenging process of acquiring this credential. Throughout our advisory offices, you will see our CFP® diplomas displayed proudly.
Why do we care about this designation and why should you care? Click here to for more information about the CFP® designation.
Not only has the sun been shining all this week in Seattle, it came out just in time to shine a spotlight on two of our talented advisors! Congratulations, Mark and Eric, on a job well done!