Lamont Wealth Strategies’ Post

It's easy to get caught up in the moment and spend more than we should. But it's important to draw a line between spending and investments/savings. Social media and peer pressure can often lead us to make decisions that result in temporary happiness but long-term debt. That's why having a qualified financial advisor as a coach is crucial in helping us make the right financial decisions. Investing in appreciating assets early on can lead to huge compounding and future wealth. But it's not always easy to see the long-term benefits when we're focused on short-term happiness. A financial advisor can help us navigate these tough decisions and keep us on track between spending, saving, and investing. This way, we can avoid future regrets and achieve our financial goals. Remember, even the best of us make mistakes when it comes to handling our emotions. Check out this article by Mint for a real-life example of the wrong decision made for temporary happiness that led to a lifetime of regret. #personalfinance #emotionsincheck #needofanadvisor

Is it time to look for a new financial advisor? A strong relationship with a financial advisor you trust matters more the closer you get to retirement... The last thing you want at this point in your life is an advisor who doesn’t understand you or, worse, someone you can’t even understand. Here are 3 red flags to watch out for, that may reveal it's time to shop for a new advisor.👇 🚩Your Advisor Does the Bare Minimum A good financial advisor should do more than just monitor your investments. They should be proactive about contacting you, answering your questions, discussing the markets, and finding additional ways to help you reach your financial goals beyond just investing. 🚩It’s a Relationship of 2, Not 3 Some advisers choose one person in the family to communicate with and they don’t acknowledge the other person’s feelings, needs or goals. This can leave the excluded party unprepared to handle the finances in the event of death or divorce, with their retirement goals ignored. 🚩You Have an Uneasy Feeling If your adviser fails to provide detailed information about your investments, is evasive or discourages you from having your partner or another trusted family member involved, you should definitely be concerned. #financialplanning

🎥 New Video Alert: What Clients Really Want from Their Financial Advisor In my latest video, I dive into the two fundamental questions every client has when working with a financial adviser: 1️⃣ Am I going to be okay financially? Clients want to ensure they can achieve their important life goals, like maintaining a comfortable lifestyle, securing their retirement, and providing for their loved ones. It's about peace of mind and confidence in their financial future. 2️⃣ Am I getting value for my money? It's crucial for clients to feel that the cost of hiring an advisor is justified by the value and services provided. They need to see clear benefits and tangible results from the advice and strategies offered. As financial advisers, our mission is to address these core concerns with transparency, integrity, and a client-first approach. Check out the video to learn more about how we can meet and exceed these expectations. #FinancialAdvising #ClientFirst #ValueForMoney #FinancialPlanning #WealthManagement Feel free to share your thoughts or reach out if you have any questions about how a financial adviser/planner can help you achieve your financial goals!

For those of you who have already intelligently decided to work with an advisor you trust... Is it fair to say that every person you care about should consciously address their financial planning? Shouldn't the people you care about have an opportunity to decide who they work with? As a person who already hired an advisor, you already know the advantages you have as you continuously achieve your financial goals. You know 100% the value an advisor brings to the table. As you sit across the Thanksgiving table or fight that family member for the best seat on the couch to watch hours of football, give the questions above some thought. As long as you trust your advisor and the value they bring, perhaps the family and friend gatherings this week is an opportunity for you to make a significant positive impact to those you care about. It's as simple as saying, "Hey, I know you asked me about [insert financial topic] in the past. I have someone you can talk to that will bring a lot of value on that topic." or "Hey, I don't know anything about your personal finances nor do I need to know. But I have someone you can talk to that will definitely bring a lot of value no matter what your financial goals are." It may just be one of the most beneficial introductions you make during their lifetime. #NotSoBoringCPA #Money #PersonalFinance #Investing For more daily content, click Follow and the 🔔 on my LinkedIn profile.

Let's talk about something that can be a pain point for advisors—wealth signaling. ⚠️💸 Working with high-earning clients can sometimes lead to subconscious judgment or pressure to keep up with their lifestyles. It's a tricky path to navigate, but staying self-aware is crucial for maintaining your own financial health. 💡 I've personally had to work on this and stay mindful. We need to "un-judge" our clients and resist the temptation to compare ourselves to their wealth. It's not about keeping up with the Joneses—it's about staying true to our own financial goals and values. 🌟 Here are some tips to avoid wealth signaling: Focus on Purpose: Shift your focus from material possessions to the purpose behind your financial decisions. Stay grounded in your long-term goals and values. 🎯 Set Boundaries: Establish clear boundaries with clients to maintain a professional relationship without feeling pressured to emulate their lifestyle. 🚫 Practice Gratitude: Cultivate gratitude for what you have rather than longing for what others possess. Appreciate your own journey and accomplishments. 🙏 Seek Objective Advice: Outsourcing your financial planning to an objective 3rd party can provide valuable perspective and help you stay on track with your financial goals! 🔄 By prioritizing your well-being and following these tips, you can navigate wealth signaling with confidence and integrity. 💬 If outsourcing your personal financial plan sounds intriguing, I’d love to chat and explore fit! Let's continue this journey together towards financial well-being!  💪 #Financial Planning for #Advisors #WealthSignaling #StayHealthy

Is it time to look for a new financial advisor? A strong relationship with a financial advisor you trust matters more the closer you get to retirement... The last thing you want at this point in your life is an advisor who doesn’t understand you or, worse, someone you can’t even understand. Here are 3 red flags to watch out for, that may reveal it's time to shop for a new advisor.👇 🚩Your Financial Advisor Does the Bare Minimum A good financial advisor should do more than just monitor your investments. They should be proactive about contacting you, answering your questions, discussing the markets, and finding additional ways to help you reach your financial goals beyond just investing. 🚩It’s a Relationship of 2, Not 3 Some financial advisers choose one person in the family to communicate with (typically the husband), and they don’t acknowledge the other person’s feelings, needs or goals. This can leave the excluded party unprepared to handle the finances in the event of death or divorce, with their retirement goals ignored. 🚩You Have an Uneasy Feeling If your financial adviser fails to provide detailed information about your investments, is evasive or discourages you from having your partner or another trusted family member involved, you should definitely be concerned. #fyp #financialadvisor #thrivent #yourefired

🌟 "The price of anything is the amount of life you exchange for it." 💰 In the world of finance, this quote resonates deeply. Every financial decision we make involves a trade-off—a piece of our precious time and energy. ⏳ 🔍 Finance is Personal: There's no one-size-fits-all solution. Your goals, dreams, and starting point are uniquely yours. 🌱 Whether it's saving for retirement, buying a home, or funding your child's education, it's about your life, not a generic formula. 📊 🚀 Long-Term Planning: Cookie-cutter approaches won't cut it. Let's craft a strategy that aligns with your values, aspirations, and timeline. 💡 Together, we'll navigate the complexities and make informed choices. 🌠 Remember, your financial journey is an investment in the life you want to lead. 🤝 If you're seeking a dedicated partner who truly listens, cares, and is committed to building a long-term relationship, look no further! 🙌 Let's work together to create a personalized financial strategy that fits you. 📊💙 #FinancialAdvisor #PersonalFinance #RaymondJames

Financial planning isn't just about crunching numbers. It's more comprehensive, involving our emotions, habits, and priorities around money. With 84% of Americans feeling stressed about finances weekly, it's clear that financial concerns significantly impact our mental and physical well-being. At Willamette Wealth Partners, we believe in a holistic approach to financial planning. We understand that your financial health is intertwined with your overall life satisfaction. It's not just about reaching financial milestones but also about reducing the stress and anxiety that money concerns can bring. Envision meeting your most important financial objectives. Can you feel the sense of relief and stability? Our goal is to turn that moment of peace into a lasting reality. Partnering with a financial advisor doesn't just offer financial benefits; it's a step towards overall wellness. True peace of mind and financial confidence might be more accessible than you imagine. Let's work together to craft a financial plan that nurtures your entire well-being. 📞 Contact us at (541) 343-1420, locke@willamettewealth.com, or shoot us a DM! #FinancialWellness #WillametteWealthPartners #HolisticPlanning

Are you a Saver or a Spender? This question often catches people off guard when I ask it in my initial Virtual Coffee Chats. But, it's an important one; understanding whether you're a natural saver or spender is crucial. This isn't about labeling or limiting yourself but about harnessing your financial habits to your advantage. Savers, you're likely to have a safety net, but could you be missing out on opportunities for your money to grow? Spenders, your zest for life is unmatched, but are you ensuring a secure future while enjoying the present? Now, here's one way that I differ from most advisors - I feel financial planning isn't about changing who you are. It's about creating a strategy that reflects your personality while meeting your long-term goals. For savers, this might mean exploring investment opportunities that align with your risk tolerance, allowing your money to work harder for you. For spenders, it's about finding a balance between enjoying life now and securing your financial future (yes, it CAN be done 😉). Imagine a plan where saving feels as good as spending, and spending doesn't come with guilt because it's part of a well-thought-out plan. That's the power of personalized financial planning. At Lamont Wealth Strategies, we believe in a financial plan that celebrates your individuality while paving the way for your financial independence. Whether you're saving for a rainy day or spending to enjoy the sunshine, let's craft a plan that fits you perfectly. Ready to discover the financial strategy that matches your personality? Connect with us for a Virtual Coffee Chat ☕, and let's start your tailored financial journey today. Your future self will thank you! #Saver #Spender #FinancialPlanning #WealthyLawyer #Lawyer

Financial planning isn't just about crunching numbers. It's more comprehensive, involving our emotions, habits, and priorities around money. With 84% of Americans feeling stressed about finances weekly, it's clear that financial concerns significantly impact our mental and physical well-being. At Willamette Wealth Partners, we believe in a holistic approach to financial planning. We understand that your financial health is intertwined with your overall life satisfaction. It's not just about reaching financial milestones but also about reducing the stress and anxiety that money concerns can bring. Envision meeting your most important financial objectives. Can you feel the sense of relief and stability? Our goal is to turn that moment of peace into a lasting reality. Partnering with a financial advisor doesn't just offer financial benefits; it's a step towards overall wellness. True peace of mind and financial confidence might be more accessible than you imagine. Let's work together to craft a financial plan that nurtures your entire well-being. 📞 Contact us at (541) 343-1420 or shoot us a DM! #FinancialWellness #WillametteWealthPartners #HolisticPlanning