Investment advisory services are done by registered investment advisers. The main role of these advisers is to advise investors who wish to invest in bonds, stocks, and any other securities of their interests. According to the definitions given in the investment advisers association’s website, there are advisory services offered by individuals, whiles others are offered by registered companies. They both offer professional advice on investment to their clients on issues of investing in securities. The clients authorize their advisers to make any investment decision on their behalf, including when to make an investment, and on which type of securities. This discretional authority must be in line with the guidelines and objectives of the client.
The advisory service providers employ the use of various strategies and styles such as value and growth. Some of the service providers concentrate on equity, which mainly investments on stocks. Others specialize in fixed income (bonds). Other investment advisory companies administer portfolios that comprise of hard cash, bonds, and stocks investments. Most of them prefer to tailor investment plans according to the desires of their clients. Experienced investors may sometimes prefer to have many investment advisers in order to diversify their portfolios through the various investments strategies used by the different advisers. Investment advisers are regulated by investment advisers’ act of 1940.
Mr. Blair is the owner of wealth solution, which is registered as an investment advisory firm, based in Austin Texas. According to their website, the main reason why Blair started wealth solution was to offer advisory services that would make positive and vital differences for the humanity. He came from a background of teachers where he observed how information empowers people. His grand mum, mother, and spouse were all teachers and he could see how people are enlightened after learning about a concept. He took advantage of this background combined with his knowledge in finance and started the company to help people plan their investment and finances efficiently.
After the college, he worked in the financial services industry for eleven years, before starting his own in 1994. He has specialized in the retirement planning and has helped his clients to plan for and live well after retirement. His strategies have helped many avoid pitfalls that many people find themselves in for their failure to plan, or for choosing a wrong advisory firm. Blair believes everyone deserves to retire successfully, hence the need for early planning.