from the c-suite
happy 2021!
With hindsight being 2020 (no pun intended), we are all more than ready to see what 2021 will bring. On a national level, we’ll be watching closely for updates and progress from the Biden administration and are both excited and optimistic to see the vaccine begin to help us control the COVID-19 pandemic allowing us to all start to get back into the world (and out of our homes!)
Within the Hightower community, we have ambitious goals to continue to provide you with the solutions you need to live your well-thiest life possible. We will do this through delivering holistic wealth management solutions, financial and estate planning strategies, thoughtful content that will help you and your family, the most up-to-date research and guidance, and this — The Well-th Report — filled with inspiring stories and real-world examples of how we serve our clients.
So, as you’re finalizing your financial goals for the new year, we welcome you to page through the second issue of The Well-th Report in which we cover topics like impact investing, philanthropic planning, digital connectivity and more! You’ll hear from numerous financial professionals from our Hightower community. Do not hesitate to reach out to your Hightower financial advisor for additional information on any of the topics within.
We hope you enjoy this issue and wish you health, well-th and happiness in 2021.
CEO, Hightower
How has your relationship with money changed over the years?
“I’ve become super comfortable talking about all that life throws at us around money and what problems or solutions it can deliver. The more I talk about, it the more comfortable I’ve become around it. I’ve realized what an emotional thing it is, and it can make people make really irrational and cause them to make poor decisions, so it’s critical to listen to clients to understand the real concern, fear, hope, joy or desire, then be objective and discuss how money is a tool that can be utilized. Sometimes it's not just money that can solve the problem so thinking through multiple solutions can help. The more you step away from the emotions, assess all your options and put plan a, b and c into place, the more you can think logically and make good long-term decisions.”
Kristine Porcaro
President and Co-Founder, Lexington Wealth Management
“Growing up, I didn’t have much of a relationship with money, and it definitely wasn’t talked about in our home. Early in my career, I feared every aspect of money and having “wealth” seemed foreign and, quite frankly, an impossible task. Fast forward two decades and I’ve learned that money and wealth are two different things. My relationship with money has changed from a very unhealthy perspective where it controlled my every thought to having freedom by making intentional financial decisions that benefit short-term and long-term goals. Our true “well-th” is not measured by our balance sheets, it is measured by the moments and things that money cannot buy.”
Jennifer Smith-Frazier
Partner, Frontier Investment Management Co.
“When I was just starting out in my career, I had pretty limited expectations of what money can do. It either fulfilled a short-term tangible purpose or was locked away for some future need. As I’ve become more intentional about defining personal and professional goals, I now think of financial resources as a tool that can help enable those goals.”
Grant Van Horn
Executive Director, Hightower
the well-th report