Prentiss Wealth Management Group is a boutique firm
within a much larger entity, Wells Fargo Advisors.
We have the full resources and capabilities
of a huge organization, but we provide personal wealth
management within our group.
While the main day to day focus of our work is managing money,
we believe strongly that everyone should have a plan.
We start off by getting our clients organized.
We simplify and consolidate their assets where possible.
The first thing we ask for is to see everything.
Show us all your financial statements
because how do we know how to get you the point B
if we don't know exactly where you are today.
For the first time a lot of them are seeing,
wow, I'm worth this much money?
And then discuss with them where do they want to get to.
When do they want to retire?
What is important to them?
What are their priorities?
We then enter all of their information
into our proprietary retirement planning
software called Envision.
And what Envision allows us to do
is to stress tests those goals.
Envision also helps us to develop an appropriate asset
allocation for our clients.
We bring in clients, state attorneys when necessary, we
bring in their accountants, because when
we have all the advisors rowing in the same direction,
it really makes our process much more efficient.
And people need help.
We're in a world of 1-800 helplines and automated
online help.
Service is extremely important to us.
When that phone rings, it's going to be picked up.
We do that.
Personal finance can actually be quite daunting.
There are so many nuances to the different areas
that even professionals in the industry
don't fully understand.
On top of that, regulations and details of each area
are always changing.
Peter and I recognized that very early on in our careers,
and decided to pursue higher financial education
through the Certified Financial Planner Designation.
I've been a financial advisor since 1981.
And I taught fundamentals of investing for 10 years.
And part of being a financial advisor
is being an educator, helping people
to understand both the potential risks as well
as the potential rewards of the investment moves
that they make.
While clients have access to all of the vast resources of Wells
Fargo advisors, we provide advice
that is highly personalized.
We are personally accessible and fully accountable to all
of our clients.
We are the Prentiss Wealth Management Group.
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