You’ve spent years becoming an expert in your field. That doesn’t leave much time to become an expert in investments, taxes, insurance, and estate planning, too. See how an outside perspective can help answer the financial questions that have been sitting on your list.

Topics Discussed:

• Balancing financial planning with your career
• Sorting out complex financial accounts
• Knowing when you need expertise
• Questioning whether anything is being missed
• Getting a fresh financial perspective

Transcript:

You’ve built something real, a family, a career, maybe even your own business. People come to you for answers. But why is money the one area where you still feel like you’re guessing?

You’ve got a 401(k), maybe an old rollover that you’ve been hesitant to figure out what to do with, equity compensation that nobody’s ever really explained to you how it works and the implications. That’s common, even for people who are experts in their own field.

Being busy in one career doesn’t leave you much room to become an expert in investments and tax and insurance and in estate planning. And it’s not just going to happen. You’re not just going to pick up these skills by accident. Nor are you going to have time to become an expert in all these areas as well.

So the question sits usually unspoken. Do you have the right person looking out for you, or are you just kind of guessing on that as well too? Is there something that an outside expert could catch in a few minutes that’s been sitting out there for years?

Whether actually something’s being missed or not, that’s an answerable question. A fresh set of eyes trained on your situation, whether that means reviewing what you already have or helping you build something new, tends to surface the answer really fast.

Sometimes it confirms you’re in good shape. Sometimes it catches something that could compound into something much bigger over the years.

If you’ve built a lot and you want a straight answer on whether or not it’s actually working, reach out. We’re happy to talk.

Lake Road Advisors (LRA) is a virtual wealth management firm headquartered in Corning, NY, with offices in Ithaca, NY, and Vancouver, WA. Founded by Paul Sydlansky, CFP®, in 2016, it serves successful couples planning their next chapter—whether that’s retirement, part-time work, or a less demanding second act. Paul has worked in the financial services industry for 25+ years. Prior to founding Lake Road Advisors, he worked at Morgan Stanley in Manhattan for 13 years, where he was a senior-level manager within the Institutional Equities Department. In 2018, he was named to Investopedia’s Top 100 Financial Advisors list. Paul received a Bachelor’s degree in Economics from Marist College and holds an MBA from New York University Leonard N. Stern School of Business. Paul is a CERTIFIED FINANCIAL PLANNER® and a member of the National Association of Personal Financial Advisors (NAPFA) and the XY Planning Network. They can be reached by phone at the Corning, NY office at (607) 438-2914, Ithaca, NY office at (607) 463-8400, or Vancouver, WA office at (607) 292-2172 or at the firm’s website at https://www.lakeroadadvisors.com/