MOSAIC
MOSAIC's Investment Advisors
We are galled by the number of “investment advisors,” who have little or no formal education or training in business or finance, but they may have engaging social skills. Would you seek care from a “physician,” who had never gone to medical school? Would you visit a “dentist,” who had not graduated from dental school?
You don’t have to take our word for it. The writers of The Millionaire Next Door said it best--- our education, background, and experience make us supremely qualified to help our clients manage their financial lives.
While no investment advisor can guarantee investment returns, we will always strive to match or exceed the long-term rate of return for the risk the client is comfortable taking, or we will strive to achieve the client’s investment objective, exposing him to less risk.
THE MILLIONAIRE NEXT DOOR
Every registered investment advisor’s website invariably touts the qualities of the firm. To us it is even better when knowledgeable independent third parties make these claims. The following excerpts have been taken from Stanley and Danko’s book, The Millionaire Next Door, regarding who gives millionaires their investment advice.
- “Choose a financial advisor who is endorsed by an enlightened accountant and/or his clients with investment portfolios that in the long run outpace the market. If you don’t have an accountant, hire one.”
- “Another correlate of wealth accumulation is employment of a CPA, not a CPA just to prepare tax returns, but a CPA to provide various kinds of investment advice.
- “Some CPAs are better than others at helping clients accumulate wealth. Choose one who has the highest concentration of clients who are Prodigious Accumulators of Wealth.
- “The more intellect, time, and energy spent in hiring a financial advisor, the more likely you will be to find a suitable one. Perhaps you are not convinced about the need to exert yourself in this task. Look at it another way.
- “Why are you not as wealthy as you should be? It may be because of the way you operate your household. Would a business, especially a very productive one, ever hire a key employee without doing a serious background check and in-depth interview? Yet most people, even those with high incomes, hire financial advisors after obtaining little or no background checks on these ‘employment candidates.’
- “Some high-income people have responded to our view on this topic by stating: ‘But I’m not hiring an employee. I am just doing some investing with a fellow who called me.’ Our response to such a statement is simple: operate your household like a productive business. The best businesses hire the best people. They also patronize the best suppliers. Utilizing the best human resources and top suppliers are two major reasons the most productive organizations succeed while others fail. You should view all financial advisors who solicit you as a client merely as applicants. View them as prospective employees or suppliers for your households. And then ask yourself some simple questions. What criteria would a productive personnel manager use in evaluating each of these applicants? Would a skilled purchasing agent and/or a chief financial officer of organization buy investment information and products from this potential supplier? What criteria, what key pieces of background information, would be used to evaluate potential suppliers?
- “Your ability to hire high-grade financial advisors is directly related to your propensity to accumulate wealth. This, in turn, relates to one of the fundamental reasons business owners outpace all other occupational categories in accumulating wealth. Most high-income business owners have more experience in evaluating potential suppliers, employee applicants, and human resources in general than do individuals in other occupational groups. Being in business requires a constant evaluation of such resources.”[1]
[1] Taken from Stanley, Thomas J. and Danko, William D., The Millionaire Next Door. Pocket Books (1996), 108, 104–105.
MOSAIC: FOR FURTHER INFORMATION
Certainly, a decision regarding a long-term relationship with a registered investment advisor should not be based on the claims in MOSAIC’s promotional material, alone. We would encourage you to fully explore our trust, honesty, integrity, and expertise. We also welcome an opportunity to learn more about your financial objectives and aspirations by discussing in person what makes MOSAIC uniquely able to help you achieve your financial goals within your risk tolerance.
If you would like to speak or receive more information about us, please call 800-763-4709 or 717-790-9001.
If you would rather complete the prospective client information on our webpage and have us contact you, feel free to click on the prospective client information page.
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