Richard Dwayne Blair is an American entrepreneur who is well known for his involvement with Wealth Solutions. This is a firm that specializes in advising people about how they should invest. Richard Blair is of the opinion that people should develop a comprehensive plan if they are to achieve their financial goals. This is the sole reason why Richard Blair has dedicated his life to helping people in his hometown to develop retirement plans. For starters, Richard Dwayne Blair is from Austin, Texas where he has built a reputation as the best wealth management specialist. He believes that everyone should have a financial roadmap if they are to succeed. In the 22 years that he has been in the wealth management business, he has managed to establish a Three Pillar Approach that is very effective in helping people achieve what they need. He says that he can only understand a client by looking into his retirement needs and current financial situation.
In the three Pillar Approach, the first pillar revolves around understanding and developing the financial roadmap of a client. This is the point where he looks into the opportunities for growth of the client’s plan, its risk tolerance as well as the strengths and the weakness of the plan that has been put in place by the client. He calls this the financial planning phase and this is the only way that he can be able to establish a long-lasting relationship with a client. Richard Dwayne Blair says that the only way that he can understand a client is listening to their concerns and goals at a personal level.
Richard Dwayne Blair says that the second pillar will revolve around coming up with a long-term investment strategy that should also be effective. This is the point where he emphasizes on liquidity needs of the clients and helps them develop a clear and a unique goal. The last pillar by Richard Dwayne Blair is coming up with the insurance needs of the client. He says that in this life, one must be prepared for the future as it can be very unpredictable.