Happy May! May is a special month for us, and this May, Foxworth Advisors celebrates 14 years of independence. It is also the month we honor the mothers in our lives. I am thankful for my mother and all the sacrifices she made for us. For Nicole, who juggled raising our kids, a career, and supporting my crazy ideas. And I am also thankful for my adopted mothers (you know who you are)!
When Nicole and I decided to leave a large national financial firm in 2012 and put our own sign on the door, it was scary. Our goal was to provide objective financial planning and wealth management to families, businesses, and individuals. Last year, we developed a strategy to systematically reach out to our clients through the newsletter and other targeted communications. We also aim to increase the number of families, businesses, and individuals we work with.
The goal of this newsletter is two-fold. The first goal is to provide more frequent touch with my existing clients. While providing some tidbits of information and articles you might find interesting and helpful. I appreciate you taking the time to read this information. I feel the Client Corner articles are especially helpful to you and me.
The second is to expand our client base by adding families, businesses, and individuals who would value a seasoned advice team. We have a marketing team helping us develop ways to make introductions easier. Years ago, I made it a Foxworth Advisors policy to waive planning fees and account minimums for family members of existing clients. This has been very successful, and I would encourage you to let us know if there is a family member you think would benefit from getting to know us. Foxworth Advisors is not constrained by geography; we work with people all over the United States. While my goal is never to be a volume business, technology and experience have made our process scalable. Expanding our services and increasing our client base allows us to add staff with the goal of adding other advisors and planners. I would welcome your feedback.
This month, I have attached an article on Monte Carlo, a tool I use when reviewing our clients’ financial plans. It helps quantify the plan goals into a probability-of-success score. Another topic is ROTH conversions, which have been a popular topic this year. And finally, one on sports injury prevention, inspired by the conversation I recently had with some old friends bemoaning the pickleball injuries. Please let me know if there are any topics or issues you would like me to focus on. I am open to suggestions.
Foxworth Advisors is a supporter of Bikes 4 Kids NC. The Non-Profit partners with Henderson County United Way to provide bikes to local families during the holiday season. The bikes are high-quality and come with a helmet. I encourage you to take a look at the program and consider supporting it. You can contact me or Greg Reynolds, the Founder and Director, for more information or to become involved. Greg can be reached at 828-808-6475 or g.rides828@gmail.com. The website is: https:// bikes4kidsnc.org/
All the best!
Terry & Nicole
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Thank you to those of you who have left recent Google reviews. I am humbled. If you have not left a review, please take a minute to leave one. The reviews help our marketing team with website analytics and other marketing initiatives. It also inspires Nicole and me and reaffirms why we do what we do.
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