A Three Step Process for Creating Long-Term Wealth

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Show Notes

In our latest podcast we discuss how you can use a systematic, disciplined approach to build enduring wealth even during this time of economic and market uncertainty. This week we learned that at least 24 million people have lost their jobs recently, putting the national unemployment rate somewhere near at least 15%.

We’ve also seen business confidence plunge as PMIs collapsed to their lowest readings on record. Indeed, over the past few weeks data show that economic conditions are still falling apart. This has prompted some state governors to reopen their economies even as the coronavirus toll on human lives continues to rise. The point is that the COVID-19 related economic pain will endure for many months to come, but there is still some hope.

We recorded this podcast because we believe that now is an opportune time for individuals to take the first step in a disciplined, systematic process to create enduring wealth. In this week’s podcast, we’ll also talk about our wealth management framework and what it means to create, grow and preserve financial wealth. We also talk about the three key components for creating wealth and how you can apply this process to create enduring wealth in today’s environment.

At the end of our time together, our hope is that you should be able to have a better understanding of what it takes to build enduring wealth, and realize that you can take this step no matter what your circumstances are today.

Peter Donisanu, ChFC®, AIF®

Peter Donisanu, ChFC®, AIF®, is Chief Wealth & Tax Strategist at Franklin Madison Private Wealth and previously served as a senior investment strategy analyst at Wells Fargo Investment Institute, where he contributed to portfolio guidance for institutional and private wealth clients. He works with high-net-worth retirees and pre-retirees on retirement planning, tax-aware wealth strategies, equity compensation, and sudden wealth preservation, helping clients approach major financial decisions with clarity, confidence, and peace of mind.

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