It is estimated that there are over 200,000 financial advisors in the U.S. alone. (1) With so many options to choose from, how do you find one whose values and expertise align perfectly with your financial needs? In this article, we’ll break down the types of clients we serve at HBA Wealth, how we serve them, and what we do best. In the end, you’ll be able to confidently decide if our firm is the right choice for you.
Although we work with a diverse range of clients with different backgrounds, occupations, and interests, our clients are largely split into two categories: Baby Boomers and young high achievers.
The first group of clients we work with usually have these things in common:
- They’re between the ages of 55 and 75.
- They’re millionaires.
- They’re getting ready to retire in 5 years or less.
- They’re worried about outliving their money in retirement.
If you fall into this group, you’ve probably been managing your investments yourself and you’re unaware of what traditional and alternative investments are available to you. At HBA Wealth we educate you on how much risk and return you need in your portfolio to stay on track. We offer investment recommendations based on your life expectancy and spending needs during retirement. We help you make informed decisions about your wealth.
If you and your spouse are on different pages financially, we work with you both to create clarity, synergy, and a financial road map which—based on your family’s values and goals—you can both be proud of.
Young High Achievers
Our young achievers usually have these qualities in common:
- They’re under age 45.
- They make over $300k in annual household income.
- They’re accredited investors.
- They’re passionate about maximizing growth opportunities and minimizing taxes.
If you fall into this category, the financial road map we help you build is based on your values, goals, dreams, and everything that matters most to you (just as we do with our other clients). We help you get organized so you can see your future financial picture today.
As a younger client, we know you have extra cash to invest and you may be interested in “alternate” solutions such as real estate and private equity. We help you gain access to these investments. We explain each investment option so you can make an informed decision on which options are best for you. We know you value higher growth opportunities in addition to tax savings strategies, and our team works closely with you to make it happen.
What We Do Best
Regardless of which group you fall into, we begin our relationship by understanding everything that matters most to you. We walk you through our Quality of Life Enhancer exercise, and then we create your financial plan using our HBA Wealth Cycle. The end result is peace of mind and a detailed map that guides you to financial freedom.
Our clients are at the center of everything we do. We care about your passions and dreams, and we want to do everything we can to help you achieve success. We call this values-based financial planning, and it’s one thing that sets us apart from other advisors. Our process is thorough, but that’s only because we want you to live a happier, more fulfilled life.
We Are Here To Serve You
You don’t have to be a financial expert to work with us. At HBA Wealth, our clients are family, and we encourage you to ask any and all questions you may have (no matter how big or small). We’re here to give you financial peace of mind. We’re here to help you grow and manage your wealth. We’re here to quiet your worries and help you achieve financial freedom. To learn more about how we can best serve you, contact us at (626) 529-8347 or email Ricky directly at firstname.lastname@example.org.
About Haydel, Biel & Associates
Haydel, Biel & Associates is an independent financial advisory firm serving individuals and families near Pasadena, California. The firm was founded in 2004 by Chris Haydel and Ricky Biel with a desire to provide unbiased, client-centered, community-based financial advice. Together, they have built a practice that has grown into a family of caring, smart professionals committed to blending proven investment methodologies with creative financial technologies that make it easier than ever to accomplish your goals. They strive to keep things simple and fun to give their clients peace of mind and alleviate financial stress. HBA Wealth takes care of their clients’ needs first and foremost and goes the extra mile to make their clients’ finances grow. To meet and see how the HBA Wealth team may be able to help, contact them today at (626) 529-8347 or email Ricky directly at email@example.com.