We comment cash flow, which then goes in the fresh new in depth lifetime occurrences, which establishes or reaffirms resource allowance and solidifies the taxation tips and property thought that individuals do for clients
She actually is Susan Travis. Susan turns out your Houston practices. The woman is an official economic planner. And she actually is a specialist in aiding household create its money, and you will enabling group do wide range out of one generation to another. Therefore, Susan, this is brand new Technology regarding Economic Versatility podcast.
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Susan Travis: Good afternoon, and thank you, Doug, for allowing me to join you and address today’s topics on wealth, tax, and estate planning strategies.
Doug Fabian: Awesome. Before we jump into our subject, tell us a little bit about yourself. Maybe how you got into the business. How would you describe what you do to someone you had just met?
Susan Travis: Well, I actually started in the trust administration side of finance back in 1987. And that allowed me to get to know and understand loan in South Carolina clients not just through their investments, but through their eyes and their concerns for the generations both above and below them. I saw how each person, often in the same family, all have different priorities. And then, also led me to see where comprehensive planning helped clients through their life events. And I wanted to be a part of that. Financial success isn’t just about what investments you make, it’s about how you put all the pieces together. So, I work with clients to review and update their balance sheet every year.
Today, Doug, I’m sure your talk about the equilibrium layer toward of several past podcasts, but I recently want to reaffirm with you, and our customers and you can individuals paying attention, exactly how essential that’s while the a primary step to let us so you’re able to plan, to strategize, and progress effortlessly using every consumer’s existence situations, regardless of where they are in daily life. We comment the bill layer each year, and it is it opinion one gets us for a passing fancy page, therefore we may start to help you strategize together. I comment desires. It’s all fastened together with her. Which is the reason why I’m inside organization, and i also love helping clients.
Doug Fabian: Awesome. A great description of what you do. Thank you for sharing that. Now, Susan, we have a special initiative in play at Mercer Advisors. We call it Invest Hers. Tell us what we’re doing in the company, too. I’ve talked to the Science of Economic Freedom podcast audience before about this. This is an initiative directed at women. Talk to us about it.
Susan Travis: Investors’ initiative was designed a couple of years back now to support women’s unique wealth management needs. Nearly two-thirds of American women are breadwinners or co-breadwinners. Women control 72 trillion globally, and 95% of women will be their family’s primary financial decision maker during their lifetime. Investors does things like these podcasts and webinars, to bring issues to the table that we need to focus on, on promoting women’s financial success.
Doug Fabian: That is great. Thank you. Today’s podcast is going to be tilted towards assisting women with wealth and tax issues, but I want to say this content serves all who care about managing their wealth. I’ve mentioned this to the men in the audience before when we’ve done a podcast tilted towards women. Every man in the world has a mother. They may have a sister, they may have a daughter, they have women in their lives, and if you care about them, and you care about their money, one of the things we want to encourage you to do, and it could be your wives as well, is to listen to this podcast, because this podcast is going to talk about some relatively elementary aspects of wealth management, but also some very sophisticated aspects of wealth management.