Posted by Brian Colvert
How do financial advisors get paid? This should be simple enough…You go to them for advice, you pay your fees and commissions and believe they have your best interest in…
As I look back on my life some of the best memories and conversations have happened sitting around the fire. I have been pumped up at a homecoming bonfire, I have been inspired having deep conversations with friends about the future around the fire, I have felt close to my family on camping trips roasting marshmallows on the fire, and I have felt at peace sitting at a fire and staring at the stars. Fire is life and all of these are moments are cherished. At the core of it all, life is meant to be experienced.
I say everything! Or at least it should. Money is a vehicle to those experiences and the time to enjoy those moments. The more money you have the more experiences you can afford to have with your family and friends. The more you can give to the causes you care about. The more peace of mind you can have.
Everyone has different goals and dreams and how they want to spend their life, and what Bonfire Financial does is focuses on those and comes up with solutions to meet them as efficiently and as quickly as possible. My hope is that our clients will enjoy even more moments sitting around the proverbial bonfire celebrating their lives.
In the many years I have spent in the financial industry I have seen that most financial companies only focus on the bottom line and the shareholders’ value. This means that the decisions made about the company are not necessarily about how to add more value to the client, but how to improve the share price. While a good share price is nice it comes at the expense of the client and the employees of the company.
We created Bonfire Financial as a registered investment advisory firm (RIA) so that we could be true fiduciaries to our clients. As such, we must we do what’s in their best interest always and disclose any conflict of interest there might be. In effect, putting our client first, which is where we think they should be. We have a belief that if we add more value to our clients than anyone else, not only will they be happy, the company will thrive.
So, to drive this home we came up with a name that reminds us to focus on the client’s outcome everyday so that hopefully soon we will all be sitting around the fire celebrating!
All the best,
President & CEO | Bonfire Financial