Show notes
“Managing finances and building wealth is truly about the mindset more than about the actual equation of how much money you have.”Rick Drew is the Founder, and Managing Director of SEDNA wealth management, a fee-only modern wealth planning, and investment firm focused on providing personal advice to empower individuals and their money. Over the last 20 years of financial management experience, it gives him a unique perspective in delivering highly customized financial advice and managing the entire investment process. He is passionate about helping individuals build wealth at every stage of life through customized planning and personalized investment advice.Join us in part one of this interview as Rick shares his story and the essential aspects of financial planning to help you build your wealth and legacy. [00:01 – 08:00] Opening SegmentI introduce the guest, Rick Drew.Rick talks about his background.He shares about his family background and childhood experiences.Embrace the changes and the journey of putting yourself in different positions.He talks about the financial situation of his childhood and how it affects him.He shares about his journey into the finance world from college.[08:01 – 14:00] The Mindset of Wealth ManagementRick talks about his decision to move into owning his own business as a financial planner.He shares the challenges of being a financial planner, especially on working with clients.Trusting your advisor the open upRick talks about the first baseline process that he provides for his clients.Establishing relationships and trust with the clientsManaging finances and building wealth is truly about the mindset more than about the actual equation of how much money you have.Have peace of mind about where you are heading with your financial plans.[14:01 – 17:44] The Essential Parts of Financial PlanningRick talks about three essential parts of managing wealth and financial planning.Manage the day to day budgeting.If you get emotional stress in managing your daily budget, it is an indication that you might have to work with someone.Create plans for the future.Retirement planning and higher education plansCreate a legacy.Having an outlook that can help manage your finances for the rest of your family and the generations you leave behind has become more important for the average family in The US.Tweetable Quotes: “Embrace the changes in your life and the journey of putting yourself in different positions.” - Rick Drew“Managing finances and building wealth is truly about the mindset more than about the actual equation of how much money you have.” - Rick Drew“If you get emotional stress in managing your daily budget, it is an indication that you might have to work with someone.” - Rick DrewFind out more about Rick by visiting his website, and you can connect with him through LinkedIn.Surviving to Thriving is brought to you by Knight Protection Services. A veteran-owned and operated company, Knight Protection Services employs a diverse group of former law enforcement officers and military veterans of the highest integrity, with extensive experience in risk assessment and crime prevention. Find out more by visiting https://knightprotectionllc.com/.For More Information About Surviving To Thriving: http://tothriving.org/