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Ancona Financial Advisory services clients whose net worth range
from under $500,000 to near $10 million. Incomes also represent
a broad range. There are clients that we consider excellent at all
levels along these ranges. It is critically important that we see
our services improving the lifestyles of our clients, whatever their
level of wealth. We focus on a client's ability to build and enjoy
wealth, instead of the level they have attained. When a client has
a real commitment to accumulate wealth, and ability to work well
with our style financial planning, the results can be dramatic.
Our most successful clients understand that growing reliable wealth
springs from many factors, including:
- Consistent contributions to accumulated wealth
- Careful management of debt
- Clear understanding of investment realities, of what's possible,
of what works, and what doesn't
- Appropriate balance between enjoying income and adding to investments
- Avoiding over-extension of resources for lifestyle expenditures
- Wealth building is different from achieving high returns.
We strive to help our clients understand and control these relationships.
Ideally, we will assist people to comfortably build wealth as their
focus changes to securely enjoying wealth.
Fortunately, many clients accumulate more wealth than is needed
to support their goals. They understand an important question, "How
much is enough?", and they are confident they have achieved
wealth that is sufficient for their personal goals. Enjoying wealth
becomes much more important than accumulating more. It has been
our pleasure, to show several clients the significance of the wealth
they have accumulated, and help them feel the security it provides.
In these cases, we help clients be prudent managers of wealth, while
they accomplish goals that are important to them. For several clients,
this means using their wealth to improve the lives of others. A
few of these success stories are the subject of a Journal
of Financial Planning cover story featuring our practice.
It is important for our clients to strongly believe that our services
are easily worth their cost, because we are improving their lifestyles.
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