Argallus (Are - Guh - luss) is derived from Greek and stands for "Watchful Guardian". We knew this is how our clients want their financial advisor to regard their money and financial goals.
We have met with thousands of people over the years and many of them have been told that the only way they can grow their wealth is by investing in the stock market. While the market can provide exceptional returns at times, it can also provide substantial losses, and usually, at a time you can least afford it.
Understanding the Level of Risk you are currently taking is a good first step. Many investors have to come to see us and said that they were conservative, yet when we analyzed their portfolio it was common to see their portfolio at a higher risk level than they were comfortable with.
One thought that people should consider is that market losses will hurt you more than market gains will help you. Especially in retirement, where Safety is crucial. Get your Risk Score in our Resources section.
Warren Buffet has two rules for investing:
Rule #1: Don't lose money.
Rule #2: Don't forget Rule #1.
It's not unusual for a client to come in to meet with us, and they have all their investments at risk in the market. While that may have worked great since March 2009, the recent bull market came to an end on March 11, 2020, in the quickest drop from a bull-market to a bear market in U.S. history.
Although the stock market has made a great come back from the March 2020 lows, where does the market go from here?
Did the market recover? Yes! But will it continue? There is still plenty of uncertainty with the pandemic and the financial implications to the U.S. and global economies. This uncertainty creates volatility and could have a devastating effect on retirees and those getting ready to retire.
Our philosophy is that it doesn't matter what you make; it matters what you keep. This philosophy relates to how your money is invested and how it is taxed.
A financial professional since 1987, Rick’s in-depth knowledge of planning issues comes from a broad range of experiences. He works with investment management, business planning, and retirement planning.
Rick holds the Accredited Investment Fiduciary (AIF®) certification, which has provided him with knowledge of fiduciary standards of care and their application to the investment management process. His years of experience and education have made him a versatile professional capable of assisting clients with a variety of services, from business succession planning to retirement planning.
Rick is married with two children and has two grandsons. Before financial services, he served for ten years aboard submarines in the U.S. Navy. Rick enjoys working out and running in races and obstacle course competitions.
Why Have A Plan?
7400 Baymeadows Way, Suite 300 Jacksonville, FL 32256
We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives.
Investment advisory services are offered through Capital Management Services, Inc. Insurance and other financial products are offered through appropriately licensed and appointed individuals in various jurisdictions.
Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. None of the information contained on this website shall constitute an offer to sell or solicit any offer to buy a security or any insurance product.
Any references to protection benefits or steady and reliable income streams on this website refer only to fixed insurance products. They do not refer, in any way, to securities or investment advisory products. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuities are not FDIC insured.
The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.
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