The Art of Wealth Management

Case Study: Looking for a More Balanced Life

These stories are hypothetical examples of how Dodds Wealth Management Group could assist clients in various situations. Personal information has been used as a basis for each example, but each has been modified to protect our members’ privacy.

*Please note that the information below is not a client testimonial, but instead is an example intended for general information only, and is not predictive of your individual results. Your results will vary. These are illustrative of the types of clients we serve.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

This information is not intended to be a substitute for specific individualized tax or legal advice, We suggest you discuss your specific tax or legal issues with a qualified tax advisor or attorney.

Looking for a More Balanced Life

Jan is a top female attorney in her late thirties. Her husband John is a real estate developer who is approaching his 40th birthday. Both enjoy substantial incomes. But, each work over 60 hours a week. As a result, they feel tired and frazzled.

On top of that, Jan and John are expecting their first child. They know they have to slow down, but wonder how they can afford to do so. Meanwhile, their former financial advisor has constructed a high-risk, high-reward portfolio that is fully invested in stocks. This means the couple will feel every dip and bounce in the market, adding to their stress.

To start, we would execute our Dodds Wealth Lifeboat Drill with Jan and John, and restructure their portfolio for a more balanced blend to reduce risk and volatility for their circumstances.*

Additionally, Dodds Wealth would also, in this example, show them how to decrease the debt level of Tom’s real estate business – which could potentially enable them to work towards their financial goals. Essentially, we feel that less risk and less debt will likely result in greater confidence.

We would expect that with sound planning, Jan would be able to reduce her work hours considerably,and enjoy more time at home than originally expected with her child. We would also expect that John would be able to get away from his business more often, and take on the responsibilities of being a new parent. Plus, his business could be debt-free.

*Please note that the statements above are for general information only, and are not predictive of your individual results. Your results will vary.