Wealth Solutions is a firm based in Austin, Texas. This investment advisory firm operates as a Registered Investment Advisory firm, which allows them to help their clients grow, safeguard, and manage their assets. Founder Richard Blair is an experienced advisor who has numerous certifications including CFS, CES, RICP, and CAS.
Richard Blair holds the belief that every client is in need of a plan that allows them to accomplish each and every one of their financial goals. With his experience and belief in clients’ needs, he plans to help the Austin area by giving retirement planning and wealth management services to every client seeking his services.
His firm Wealth Solutions functions under a three-pillar approach to clients that allows the firm to determine their clients’ financial situations and their needs for retirement planning. This approach makes it easy for the firm to create a customized plan for each client. Wealth Solutions three pillars are as follows:
- The first pillar: This pillar helps the client create their financial path. Under this pillar, the client’s goals, risk tolerance, strengths, and opportunities for growth are discovered. The firm believes that by completely understanding the client’s past they are able to easily create a roadmap for the client to follow.
- The second pillar: The development of long-term strategies that will meet the client’s needs falls under this pillar. This creation of strategies is personalized to each client’s specific needs and goals. Richard Blair rearranges and manages the client’s assets to guarantee that their portfolios reach their maximum performance, while still being able to reduce impacts to their investments during any market negativity.
- The third pillar: This pillar is used to meet their insurance needs after determining the client’s goals and creating the strategies that would be best used to achieve those goals. Richard Blair offers his clients long-term care, life insurance, and annuities.
Richard Blair has always been drawn to the education industry. With a family history full of recognized teachers, he saw firsthand how the education process can help someone’s confidence and knowledge grow. This passion combined with his natural talent for finance helped him realize that he could positively help people with their financial investments and planning.
According to Bright Scope, after he graduated from college, Richard Blair Wealth Solutions began his career in the financial industry in 1993. In 1994, he ventured out on his own and founded Wealth Solutions to afford him the opportunity to give unbiased advice to clients without any conflicts of interest.