About Michael Resnick: As a Certified Financial Planner, he along with his team help ensure that my clients and their loved ones are financially secure for the future. Through creating a comprehensive financial plan, he individually tailors their portfolios to accomplish their goals. Everything begins with values based planning and that remains throughout the relationship.
In this episode, Carl White and Michael Resnick discuss:
- What is values-based financial planning?
- Do good and do well
- Finding a planner you can trust
- Investing with a long-term view
Key Takeaways:
- Values-based planning starts with recognizing what it is that you value in life the most and building a financial plan from there.
- Medical practice ownership is a difficult career. Anyone who practices has to have an aspect about the job that’s fulfilling to them. The best way to do good is to do good while doing well.
- There’s no legal issue with calling yourself a financial advisor, anyone can call themselves that but to be a financial planner, you have to study, pass the exam and be certified. If you’re talking to a financial advisor, find out the depth and scope of what he/she is capable of doing for you.
- You need to be able to withstand the fluctuations of the moment and not look at it on a day-to-day, moment to moment basis. Instead, look at it with a long-term view.
“What happens day to day, moment to moment, should not be affecting your true retirement as long as you take a long-term view. If the market drops and you react, now you’ve actually given away money.” – Michael Resnick
Connect with Michael Resnick:
Website: https://wealthservices.aleragroup.com/
Want to be a guest on PracticeCare? Have an experience with a business issue you think others will benefit from? Come on PracticeCare and tell the world! Here’s where you can get the process started: https://marketvisorygroup.com/practicecare-podcast/
Connect with Carl White:
Website: http://www.marketvisorygroup.com
Email: whitec@marketvisorygroup.com
Facebook: https://www.facebook.com/marketvisorygroup
YouTube: https://www.youtube.com/channel/UCD9BLCu_i2ezBj1ktUHVmig