Happy New Year from Members' Wealth!

First, thank you everyone for a great first year. As a start-up, we grew from zero families (clients), a humble and modest start to be sure. However, we were successful in laying a strong foundation for a bright future. In 2024, we welcomed a strong base of families to our Members’ Wealth community, we surpassed the asset thresholds where we had to register with the SEC[i], attracted several wonderful employees, and set the stage for a strong follow-through year in 2024.

A Fresh Approach to Investment in 2024

As we step into each new year, like many others, we at Members' Wealth get excited to embrace a fresh perspective on financial markets.   Stay tuned for our 2023 review and 2024 outlook next week where we will take a glimpse into how 2024 is shaping up. While each new year offers an opportunity for a fresh perspective, in our first post of the year, we wanted to remind investors of the overarching investment philosophy that supports their goals for the future.

The Pillars of Sound Investment Strategy

Investment begins with an approach built on four fundamental pillars:

1. Preserve: A diversified portfolio is key to preserving wealth in various market conditions.
2. Grow: Target portfolios with the goal of overcoming inflation and taxes and aim to increase client wealth and support their legacy.
3. Endure: Emphasize long-term financial goals over short-term speculation, believing that a well-executed plan focuses on endurance over sprinting.
4. Evolve: Stay attuned to changing economic landscapes, ready to evolve our strategies as needed.

Members’ Wealth Goals for 2024 and beyond

At Members’ Wealth we have a service the client's first mandate. Service the clients and the rest will take care of itself. While service the client’s first is a value we hold dear, in reality, it falls short for a successful ongoing enterprise. And a successful ongoing enterprise supports the mission of service the client’s first. We often discuss this balance between service the client first and other important values internally and this is on display in our Members Wealth Credo. So, in addition to reviewing the Pillars of a Sound Investment Strategy for clients, we also want to be clear on our firm’s objectives to improve Members’ Wealth for our clients and employees. The words are the same: Preserve, Grow, Endure, Evolve.

1. Preserve: Preserve our values. We aim to provide unparalleled service and regular communication with our investors – Service always comes first.
2. Grow: Through consistent messaging (read marketing), we plan to grow our community. Our community is not just new clients, but potential clients, potential employees, vendors, investment and planning opportunities for our clients, and client referral sources, to name a few. Consistent messaging leads to measured growth which leads to profitability, more resources for service, and talent acquisition/retention.
3. Endure: Members’ Wealth should be profitable and built upon a foundation from which the organization can endure all environments. Profitability is a key measure of a firm's success. Successful firms attract smart, hard-working professionals to support our mission of providing top-notch financial guidance and service.
4. Evolve: While preserving our core values, we must evolve to maintain an industry leadership position and continue to deliver appropriate financial advice for an ever-changing world.

Onward

As we say "Happy New Year" once more, we look forward to a year filled with the goal of strong portfolio outcomes, insightful reflection, goal-setting accomplishment, and the continued privilege of being your trusted financial advisor.

Here's to a prosperous and fulfilling 2024 with Members' Wealth!

[i] The U.S. Securities and Exchange Commission (SEC) is a federal agency responsible for regulating and enforcing laws pertaining to securities and protecting investors by ensuring fair and efficient markets, requiring financial firms with greater than $100 mm in assets to file registration..

About the Author – Dane Czaplicki, CFA®

Dane Czaplicki is CEO of Members’ Wealth, a boutique wealth management firm that offers a comprehensive approach to serving individuals, families, business owners, and institutions. The firm’s goal is to preserve and grow its clients’ wealth to endure over time, while thoughtfully evolving its strategy to suit an ever-changing world. With over 20 years of wealth management experience, Dane and the Members' Wealth team thrive on bringing clarity and confidence to clients' unique situations. He believes everyone needs sound financial advice from someone whose interests are aligned with theirs, and is determined to put service before all else.

Dane received his MBA from The Wharton School of Business at the University of Pennsylvania and his bachelor’s degree from Bloomsburg University. Outside work, he enjoys spending time with his wife and kids, hiking and camping, reading, running, and playing with his dog. To learn more about Dane, connect with him on LinkedIn.

To get in touch with the Members’ Wealth team today, I invite you to email info@memberswealthllc.com or call (267) 367-5453. 

You can learn more about how we serve our clients by tapping the button below.

Investment advisory services are offered through Members’ Wealth, LLC., a Registered Investment Advisory Firm.

Registration with the SEC does not imply a certain level of skill or training. We are an independent advisory firm helping individuals achieve their financial needs and goals

Members’ Wealth does not provide legal, accounting or tax advice. Please consult your tax or legal advisors before taking any action that may have tax consequences.

This commentary reflects the personal opinions, viewpoints and analyses of the Members’ Wealth, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by Members’ Wealth, LLC or performance returns of any Members’ Wealth, LLC client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Members’ Wealth, LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results

Copyright © 2023 Members' Wealth LLC