Behind the Scenes with President Eric Unger |
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When I first started in the industry, there seemed to be some doubt surrounding young planners. Can a 25-year-old really manage my life savings? In the last few years as I have entered my 40s, I believe there has been a shift. It now seems that people are asking for younger advisors, or looking for a team of advisors from different generations. Perhaps this change has been the result of some often-reported numbers on an aging advisor population. According to a J.D. Power study, the average age of a financial advisor is about 55 years old, with about one-fifth of industry professionals being 65 or older. Over the next 10 years, Cerulli Associates estimates that more than 111,500 advisors will retire, which represents more than one-third of the workforce. For many seeking financial advice, this transition will occur just as their need for planning is increasing.
With multiple advisor generations at Affiance, your succession plan is built in: Some firms believe that an advisory “team” is one advisor supported by administrative staff. While this approach can provide leverage for an advisor, it falls short of the many benefits you receive from a true advisory team. At Affiance, we field a team of advisors from different generations, many of whom are CFP® professionals. This team approach creates a strong foundation for the future. Having an advisory team behind you builds in contingencies for unexpected unavailability or the eventual winding down of an advisor.
Our advisor team was founded by partners Andy Fishman and Steve Lear. Both love what they do and – fortunately for all of us – have a passion for providing financial planning for as long as they are able. Leading the way for our next generation of advisors are partners and CFP® professionals, Dan Lear and Kyle Berg, who have already proven their dedication over eight years with Affiance. Beyond this group, we have an additional team of advisors committed to growing their skills and delivering an exceptional financial planning service today and into the future.
Advisors
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Michael Fishman: Michael has passed the industry exams and is on-track to become a financial planner in early 2023.
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Christina Strozyk: Christina has passed two industry exams and is studying for the final exam to become a financial planner.
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What does this mean for you? Our focus on building a true advisor team that includes multiple generations of advisors means that you can trust that Affiance will not only help you get to financial independence, but also through whatever comes next. Our role will not be just about money, but about building a lasting relationship for all the stages of your life.
Thank you for the trust you place in Affiance Financial.
Respectfully,
Eric Unger, Partner, President, Chief Compliance Officer
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Team Updates and Information |
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Have you heard the joke about the real four seasons in Minnesota? Almost winter, winter, still winter, and construction?
We asked our team how they enjoy riding out the long Minnesota winters.
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With a new year comes changes to some key financial planning items including 401(k), Roth IRA, and HSA contribution limits.
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Congrats to Christina Strozyk |
Congratulations to Christina Strozyk, Client Account Specialist, who recently passed the Series 7 exam.
Thank you for your dedication and hard work!
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Thank you to everyone that volunteered with us at The Food Group. We packed 17,740 pounds of food which equates to 14,783 meals!
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One of my favorite finance books of recent years is Morgan Housel’s Psychology of Money...
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Inflation has been the headline issue of 2022. The heightened uncertainty caused by inflation at levels...
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By Marc Usem and the Affiance Financial Investment Committee
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September was the worst single month for the S&P 500 since March...
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Like it or not, risk is a part of life. In order to eliminate risk, you would need to be able to control every possible factor affecting every possible...
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Thanks for reading!
Your Affiance Financial Team
(952) 544-9818
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Advisory services offered through Affiance Financial, a Registered Investment Adviser. Securities and advisory services offered by Registered Representatives and Investment Advisor Representatives through Private Client Services. Member FINRA, SIPC. Affiance Financial and Private Client Services are unaffiliated entities. |
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The content referenced in this newsletter, directly or indirectly, is no guarantee that any advice presented will be profitable, suitable for your individual situation, or prove successful. Due to various factors, including changing conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Affiance Financial. Please remember to contact Affiance Financial if there are any changes in your personal/financial situation or investment objectives. Affiance Financial does not serve as an accountant and does not prepare tax returns.
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