At William & Locke, we live by these words every day, which is why our primary focus is always on client education. We can all remember taking economics in school, but what did that really teach us about personal finance? We learned all about GDP and inflation and supply vs. demand, but did that teach us anything about how to balance our personal budgets, calculate our savings for retirement, or put together a comprehensive financial plan for our family?
There is a severe lack of education in this country when it comes to personal finance. We’ve seen that in the past when credit card debt was at an all-time high, while savings were at all-time lows. We see it today, as an estimated 50% of American workers have less than $2,000 saved for retirement. At William & Locke, we see these shortcomings as an opportunity to help bridge that gap in understanding and comprehension and lead our clients to financial independence.
Our people understand that “selling” financial concepts to clients is not the best way to influence their decisions. People make decisions when they feel empowered to do so, & the best way to empower anyone has always been by educating them.
Take a look at a few of our educational videos below – you’ll notice that they’re devoid of any salesmanship whatsoever.