Richard Dwayne Blair, sole owner and CEO of Wealth Solutions, Inc. in Austin Texas has always been fascinated with education. Richards wife, mother and grandmother were all teachers. He has always seen how education can create confidence and how confidence promotes success. Coupling this information with his innate aptitude for finance, he designed a plan to help others with their own financial planning. Once he graduated college in 1993, Richard entered into a career of financial service and founded Wealth Solutions the following year.
Throughout the years, Richard Dwayne Blair has provided knowledge and experience of retirement planning, specializing in assisting clients to bridge the gap that is between them and their ability to plan for retirement. Richard helps his clients avoid common pitfalls and provides them with a strategy for an individual retirement plan. His goal is to help them their personal vision of their own successful retirement.
Richard Dwayne Blair believes that everyone at Wealth Solutions needs a retirement plan that will help pursue their individual financial goals. By providing his clients in the Austin TX area, with wealth management and retirement planning, Richard hopes to help his community follow a financial road map that will help them find their way through the milestones they will face in their journey of life.
Richard follows a three-step approach to comprehensive financial plan that looks at the clients financial retirement and financial situation to determine what they need.
The first pillar lays out the roadmap for the client’s financial situation. Then, Richard determines the route they need to take by identifying their strengths, their risk tolerance, their opportunities for growth and their goals. This phase is designed to gain understanding of their goals, establish expectations and to build a lasting relationship with the client.
The next step is designed to create a long-term investment strategy customized for the client that is effective in meeting their goals. In this phase, assets are managed and reallocated for maximum performance while any negative impacts are minimized.
The final step establishes the client’s goals and enacts the strategy providing growth and liquidity. Then Richard reviews their strategy, implementing and monitoring goals by tracking and making comparisons to their expectations, historical data and their goals.