Have you ever heard the proverb about the cobbler’s children? It essentially states that the cobbler’s children, although surrounded by well-made shoes, have the most worn out shoes. Or that doctors are the worst patients? The same can be said for wealth advisors. We’re not immune to the common mistakes that exist in the financial world, and even we can benefit from the financial guidance we provide for others.
As a new advisor, I had an epiphany. Yes, an epiphany, as corny as that sounds. I realized that although I could adequately pick investments, decide on a savings plan and develop a strategy for myself, I wasn’t following through with it. While at a client meeting, my coworker explained it best by saying, “We help hold you accountable to your goals.” Duh! That was the thing I was not giving myself. I could make the best laid plan, but I wasn’t following through and doing the actions I needed to do to be successful. I had the knowledge, but needed accountability. The very next day I hired my first advisor. (more…)
Geoff: I was working at TD Ameritrade and Merriman was on our advisor referral platform. I was introduced to the firm by Michael Van Sant, and at one point took a tour of the office. On that tour, I started to feel like this was where I was supposed to work. My colleagues from TD Ameritrade even returned from the visit and remarked it was where I belonged, after they visited the office. I started working at Merriman less than six months later!
Aimee: What do you do at Merriman?
Geoff: I am a wealth advisor, have never been anything else here.
Aimee: What do you love about working here?
Geoff: I love the people. Financial advising is a team sport, and it’s not fun to do alone. I have a lot of fun meeting with clients and having the team to recap the meetings with. Debriefing with the team on how we are doing in helping clients is great.
Aimee: What is a fun fact about you?
Geoff: I was born with club feet and couldn’t really walk until kindergarten, but in high school I ran track and played soccer and basketball. Also, I have a favorite dance move called “The Stomp”. I stomp my right foot to the music, people around me need to watch out for their feet and toes!
Aimee: How do you spend your free time?
Geoff: Everyday my wife, Christina, and I walk our dog, Archie, rain or shine. Otherwise, we enjoy being homebodies or adventuring around Gig Harbor, Washington. I read thriller novels and like to finish the whole series. I just finished a 17-book series. I am also on the investment committees for the Tacoma Employees Retirement System Pension and Greater Tacoma Community Foundation. It is really rewarding to provide advice to institutions and be a part of the action.
Aimee: What’s next?
Geoff: We are expecting our first child in late April (any day now!). I hope to one day take the LSAT and enroll in a hybrid/virtual law program so that I can provide our clients with legal advice too!
Let me play out a scenario for you. You’re a 34-year-old registered nurse, working long hours helping patients in a local hospital. You go home to your husband and two kids, cook dinner, give baths, and play hide and seek. One morning you step wrong getting out of bed. Your foot is throbbing, but you get to work on time. (more…)
At Merriman, we encourage our clients to pursue a fulfilling life. This sounds great, but can sometimes be harder to achieve than we’d like. You might find yourself thinking, “If I only had more time for….”. How many times have you lamented a lack of work/life balance? While our jobs provide the means to achieve some of our goals, but at times, they may stand in the way of personal fulfilment. (more…)
New Year’s resolutions – they’re the annual ritual of racking your brain to come up with the perfect, attainable goal that will make you a better person. They also represent the annual cycle of contemplation, excitement, early success and often, failure.
Over the years I’ve struggled to come up with a “good” resolution – one that I’ll stick with after the early part of January when I’m tired of the overcrowded gym and avoiding desserts. Like most people, I have given up on almost every New Year’s resolution that I made, until this year. (more…)
I recently heard a TED Radio Hour story on NPR about Lux Narayan, an entrepreneur and data analyst. His organization spent two years analyzing the obituaries in The New York Times, looking for threads of commonality between the people who were featured. Then, his team created a word cloud of the text to show which words turned up most often.
One word showed up in large, bold type is help, because these people made a positive impact on the lives of others. They helped. (more…)