Building wealth is more than just picking the right investments. In my opinion, investment performance plays a relatively minor role in a person’s overall financial results. The most important aspects of wealth-building include these four key ingredients:

  •  A clear financial road map: Always know your current financial status compared to future goals.

  • Smart tax management: Understand the value of intelligent strategies that can dramatically reduce current and future tax burden.

  • Risk mitigation tools: Our financial lives are filled with risk: market risk, longevity risk, mortality risk, sequence of returns risk. Understanding how to efficiently mitigate these risks can be the difference between portfolio failure and financial security.

  • Financial balance: Create economic efficiencies so your financial components work in harmony.