During this weeks wisdom we are going to discuss 3 Key Reason having the right advisor is a winning
1. So often people make investment decisions based on emotions. I remember 2008 when so
many people were panicking and wanted to sell out of their positions. Our team kept people
grounded and reinforced their long term strategy. Since 2008 the S&P 500 has risen by
approximately 275% and those people who stayed the course have since enjoyed great returns.
Had they sold out they may never have recouped their losses.
In 2008 104 Billion dollar left funds, and in march 2020 326 billion left funds!
2. Expertise- Another reason having a great advisor is a winning bet is their expertise. There are so
many examples we can think of where you can google how to do something. I mean you can
probably get instructions on the internet about doing a root canal, but I am certainly going to my
dentist for his/her expertise! In finance often times we just don’t know what we don’t know.
3. Facts- studies prove that having an advisor puts more money in your pocket.
For example Vanguard who is a do it yourself company performed a study in 2014 called the Advisor
Alpha and it demonstrated that by having an advisor people did 3% points better than those who did not
rely upon the advice of an advisor.
This 3% points could increase your long term values of your accounts by hundreds of thousands of
It is clear that having the right type of advisor is critical to your long term financial success.
An remember, when it comes to financial decisions, never say never, never say always it depends!
Rees Bridges brings a unique value to the IFW as both a highly accomplished creative professional and a successful financial services executive to serve in his role as Senior VP, Marketing & Communications.
Over the last decade Rees has served as the lead marketing & communications professional for a Fortune 500 Financial Services firm. He oversaw all advisor marketing strategies, client communications, and the entire firms branding and marketing initiatives.
Rees continues to pursue his passions as a creative professional & musician for over 30 years, with an impressive profile and reputation as a designer, performer, teacher, and studio musician. Here is a little secret: He serves in the role as an international clinician for Mapex drums, Paiste Cymbals and held the record for world’s fastest drummer between 2006 and 2007.
Rees grew up in London, England and currently resides in Miami, Florida. When not at work, he enjoys spending time with family and friends, traveling, and indulging in his passions for music and creative pursuits.