WellsFaber has been around long enough to advise many of our clients through several family seasons already. Although we currently live in a culture of instant gratification, seasons remind us that there is a time for everything and our experience fortifies this understanding.
Thinking about your family’s long-term, seasonal financial health is vital to ensuring your children’s and future generations’ success, as well as the healthy retirement of your parents and yourself.
Each and every family goes through seasons and it’s important to know where yours has come from, where you are and where you’re going so that you have the confidence to thrive in each season. These seasons are not clearly defined, and are fairly diverse, falling inside of a wide spectrum.
For example, seasons can be generational – do you have young kids, older kids or are you all adults. Each of those has different opportunities and chances to create beautiful and unique memories. And, each of these requires a different advice conversation to help you thrive.
Seasons can also be defined by bigger purchases or savings goals: if it’s the time in your family’s journey to buy your first property or save for an expensive event (holiday or wedding for example), your conversations will be unique to this season too.
Seasons will always overlap and this adds complexity to the conversations, but if you have the right advice, you can thrive in every family season. This will involve sharing with your children, sound financial values and principles, and encouraging them to pass it on to the next generation.
If you want to preserve wealth for your family for years to come, you need an advisor with the same mindset. WellsFaber has been advising clients and their families across generations since 1987. To us, these relationships – built across the different seasons of family, business growth and market conditions – are the strongest endorsement of the trust we treasure with our clients.
Our wealth managers have between ten and thirty years’ experience. We are all professionals who stay current with the latest industry insights and developments. But above all, we are passionate about providing personalised financial advice and helping our clients thrive.