Gavin L. DiStasi's blog

Four Phases of a Financial Lifetime

As someone who has been working in the financial services industry, primarily focused on financial planning, for as long as I have, some patterns have started to emerge, patterns which define our journey through life from a financial standpoint. While it’s true that everyone’s experience in life is a little bit different, and each of our own financial odysseys are no exception, there are some discernable markers, if you will, that most of the clients we work with have passed through along the way.

And The Children Shall Lead Us

We here at Topel & DiStasi Wealth management have always made a concerted effort to avoid political discourse with our clients. The reason for that is mostly because we believe it generally doesn’t add any value to our primary mission here of helping our clients achieve their life goals and financial ambitions. But there are times when you have to stand up and say enough is enough, particularly if you have a platform, as we do. Because sometimes you just have to say: “This is what we stand for”, and let history judge if you were on the right side or not.

Are Women Better Investors than Men?

After a particularly long meeting recently, my business partner Jarrett emerged looking a little worn out and proclaimed that he no longer wanted to work with male clients, just female ones. I laughed, knowing that he was joking, of course, since we have many male clients with whom we enjoy fantastic working relationships. But it is not the first time either of us has uttered something similar.

Top Five (Financial) New Year’s Resolutions

As we roll headlong into 2018, it’s that time of year once again when we stop to reflect a bit about the things we’re grateful for, and also on the things we might need to work on in the year ahead. So in the spirit of new year’s resolution season, we present our top five New Year’s (financial) resolutions.

We started by researching some of the most popular resolutions people tend to make year after year, and then applying a financial twist to each.

1. Get In Shape

Know What You Don't Know

One of the earliest, and most important lessons I learned when I became a Financial Advisor was that it’s ok to tell a client you don’t know something. Of course, you need to make it clear that you will find out, and it’s all important to actually get the right answer, but too often in our industry, the impulse is to confidently rattle off what amounts to your best guess, and hope you got it right. It sounds like a simple thing, but it is actually quite counter-intuitive, particularly for an advisor who is relatively new to the business.