If we live our lives like all of our decisions will be on the front of the newspaper tomorrow, we would have nothing to hide. If you have nothing to hide you have nothing to fear. If you have nothing to fear, the fear quickly dissipates, and then you realize the only thing to fear is fear itself. Some famous person said that. I for one think fear is hiding. Hiding from our insecurities. My 13-year-old daughter walked out onto a wrestling mat for the first time in December. There is nowhere to hide when you are on a wrestling mat. For most people in the world, I doubt they have ever felt so many eyes on them at one time. Win or lose. You walk out there. You wrestle. You shake hands with your opponent. I sat there with my father and watched her. We were truly inspired. I realized then and there, at Members’ Wealth, I had to start walking out on to the mat every day. Do not hide but invite observation, criticism and skepticism. Lose. Win. No Matter. To be the best we can be for our clients, we cannot be afraid, we need to have courage. My daughter showed courage. I do not want to let her down. So….we are going to focus on radical transparency. A lot of it goes against every fiber of ones being. But why not? Put us on the front of the newspaper tomorrow.
There is a pro and con to everything. Radical transparency is no exception. As we increase our transparency it is with the goal of improving the experience for the clients of Members’ Wealth. It will not always work, but the intent is there. And while it is said, that the road to hell is paved with good intentions…Our intent at Members’ Wealth is and will continue to be to educate our clients about the trials and tribulations of managing one’s wealth in a manner that maximizes their wealth in the most tax efficient way possible.
What do most fear about transparency?
Well Just about everything.
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Advisory services are offered through CS Planning Corp., an SEC registered investment advisor.