Ralph Sevelius learned early on that trustworthy financial advisors can really add value to their clients’ lives. This led him to become an advisor in 2007.
“As an independent advisor, I can provide much better service and value to my clients because I can run my business in a way that always serves my clients’ best interests,” says Sevelius.
Located in Tampa, Boardwalk Wealth Solutions offers financial planning, investment management, estate planning and tax planning to its clients all over the country.
According to LivingFacts.org, only 37% of non-retired Americans said in 2019 that their retirement savings were on track. Conversely, 44% of non-retirees said that their retirement savings are not on track, and the rest are not sure. In other words, at least 63% of non-retirees in the U.S. are not confident that their money will last as long as they do.
“Basically, I provide comprehensive wealth management and planning,” says Sevelius, “I help address and minimize risks in my clients’ lives and assist them in achieving their goals.”
Even though Sevelius is very diligent about how many clients he takes on, Boardwalk Wealth Solutions still offers free consultations to every potential client who is looking for guidance.
“If a person isn’t fit for me to take on as a client, I always make sure they are pointed in the right direction and give them resources that can help them at some point achieve their goals,” says Sevelius.
When first meeting with a potential client, Sevelius has them set and quantify their fundamental goals, while still reaching for their dreams.
This basic flight plan helps Sevelius get an idea of what the client wants to achieve financially in the future.
“My favorite part is seeing people achieving goals they thought they’d never achieve; that’s what it’s all about,” says Sevelius.
When creating each plan, Sevelius likes to figure out each client’s current situations, resources, how much they’ve saved, their income, etc. He makes sure to address their fears and goals so he knows what to avoid and what to achieve in the process.
It’s important to keep in mind that flight plans, or initial plans, are never set in stone because life has many variables to it.
“Your plan needs flexibility to make adjustments,” warns Sevelius.
The sooner you start taking the steps to achieving your dreams, the better.
“What makes me sad is when someone is ready to retire, but they have never sat down and made a plan. I end up having to be the one to break the news to them and let them know that it’s essentially too late. We end up having to make other goals and they, unfortunately, have to be a bit humbler with their goals. It makes me wish that I would have met them years ago, so we could have put them in a better position,” says Sevelius.
For more information on Boardwalk Wealth Solutions, go to BoardwalkWealthSolutions.com, or call 813-616-3770.
By Nicole Sanchez