When one of your friends or family members is ill, you probably think they are doing themselves a disservice if they resist going to the doctor, don’t you? After all, our health is the most important thing that each of us has.
But what about when your finances are not functioning well? Most of us agree that, after our health, money is one of the biggest stressors in the modern world. So, when your finances aren’t as healthy as they could be, it makes sense that you should see a “financial doctor,” doesn’t it?
This is the advice offered by Richard Cayne of Meyer International, a consultant with years of experience informing clients from all over the world on an array of financial behaviors and products that can keep their finances healthy today and well into the future.
So, what’s a “financial doctor?” you might ask. Good question. You’ll more often hear a professional that keeps your finances healthy called a financial planner rather than a “financial doctor.” What they do is to keep your bank account growing and healthy, so they could easily be called “financial doctors” as well.
Here’s an analogy Richard Cayne is fond of using:
“At the Meyer International office, we regularly get people who walk in and say, ‘Just give me your brochure’ or ‘What do you recommend?’ In my mind, that’s similar to walking into a doctor’s office, not telling him or her what’s wrong, and saying, ‘Give me some medicine.’
“The thing is, I’m not going to recommend any financial products for you until I can do a full analysis and get a full view of what’s going on in your financial life. So, as your ‘financial doctor,’ I’m going to need you to get on the table and strip.”
By “stripping,” Richard Cayne means this: Financially speaking, you need to tell your planner everything about your monetary goals, history, needs and assets. Any consultant you work with needs to know where you are excelling and where you are falling short of the mark. They can only serve you best if they know what your financial dreams and fears are. They must get a full picture of what you need and what you’d like to have. You should even share with them what you’d like to avoid in your financial present and future.
Financial planners want to see what’s wrong with you. They need to shine a flashlight into the dark corners of your bank statements, test the reflexes of your investment portfolio and ask you to bend over and cough up your tax returns. Once they see what’s going wrong, they can prescribe some medicine – medicine being the financial products that will make you better and help you to reach your financial goals faster.
The products and topics that Richard Cayne can consult on are vast. The planners at Meyer International are experts on offshore investments, private banking, trusts, wills, expat health insurance, life insurance, tax strategies, goal setting, wealth succession and more.
To find out how you can maximize your financial health, contact the “financial doctors” at Meyer International today!
