You Can
Make Your
“Someday”
Possible
By Daniel T. Newquist,
CFP®, AIF®
Daniel T. Newquist, CFP®,
AIF® is a Principal Wealth
Advisor with RNP Advi-
sory Services in Morgan
Hill with over 20 years’
experience advising clients
on their personal wealth
and business planning
needs. Investment advisory
services offered through
RNP Advisory Services
Inc.-–a registered investment
advisor. Securities offered
through Securities America,
Inc., member FINRA/SIPC,
an unaffiliated entity. The In-
vestment Fiduciary standard
of care applies to advisory
services only. dnewquist@
RNPadvisory.com or call
(408) 779-0699.
76
Achieving fi nancial comfort, planning for a secure retirement,
taking care of family, making sure children get an education,
building a legacy…
F
or most of us, these are extremely
important. But many people feel
unprepared and ill-equipped to
deal with all of them in a coordinated
knowledgeable way. As an investor, you face
many important questions and decisions
about your future. As an investment advisor,
we believe there are really only three that
matter, and we work with clients to solve
them every day.
Do you have a plan that’s right for
you? It’s important that your advisor is
committed to understanding what matters
most to you personally and financially–as
well as working with your other financial
professionals-–in order to put together the
best possible long-term plan.
1. should be too. It’s important to
Your life is unique, so your plan
gain clarity on your life goals and
challenges. Do this by focusing on
what matters most to you. What are
your top priorities today? What plans
have you made for the future? What
values impact your views about the
future? What kinds of fi nancial issues
keep you up at night? What are the
biggest fi nancial mistakes you’ve
made or avoided?
2.
Do you have confi dence your portfolio
will get you there? A portfolio designed
with the aim of giving you the highest
probability of achieving your goals with
a suitable amount of risk can provide
peace of mind and confi dence that you
are on the right track.
GILROY • MORGAN HILL • SAN MARTIN
MAY/JUNE 2017
All investing involves some risk.
Understanding your goals and your
tolerance for risk helps defi ne the
appropriate balance of stocks versus
bonds, small companies versus large
companies, value companies versus
growth companies, and domestic
exposure versus foreign exposure in
your portfolio.
do you stay on track? Keeping
3. How
your plan on track may be the most
challenging-–and the most important–
part of being a long-term investor.
No one knows what the future will
bring, but a good plan should help
you stay invested in a variety of market
environments. Your portfolio should
be fl exible enough to refl ect changes
in your life.
Monitor your plan with your advisor
on a regular basis for updates on your
progress and to make any changes
necessary to keep pace with where you
are in life. Your advisor will provide
discipline, perspective and guidance
to help you stay focused on the long-
term and on track towards achieving
your goals.
My role as an advisor reflects the
ongoing, personal work with clients
to help tie their financial goals to
life issues. As their partner, I’m often
called upon to be a mentor, educa-
tor and catalyst to help clarify what
needs to be planned for in their
future to make their “someday”
possible.
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