It seems to us that most financial planners care a great deal about building great castles for their clients. Minding good investment strategies, navigating complex tax issues, and creating wealth transfer strategies are all critical elements in building strong financial houses. But really, how much attention do investment-minded planners pay to the moats around these castles?
Your current and future financial stability (and capability) is under constant threat from a variety of risks. Some are sudden and accidental, others are more long-term and preventable. Either way, worrying about what might interfere with your financial plans is just as important as having the plans in the first place.
Proactive risk management is the process of devising a plan that fits with your overall financial position to help defend your castle against unpredictability. This is what we do - build moats.
