“Charting the Course to Your Financial Future”
As a valued client of Duran Wealth Management, we are excited to announce to you our new brand name:
Odyssey Wealth Design
Over the past 17 years, our practice has been constantly evolving to firmly represent our values through our work. As we continue to help you design your own unique financial future, it is important to us that our name exemplifies both our process and who we are as a team. The name Odyssey Wealth Design represents the elevated focus on our team’s collaborative efforts in helping you accomplish your financial goals.
In The Odyssey, one of the most well-known works of ancient Greek literature, the hero Odysseus sets out on a long journey and eventually achieves his goal of returning home to his wife and son, after the Trojan War. His journey is fraught with perils, but he is also presented with opportunities. Throughout this adventure, he accumulates experiences that give him knowledge and understanding both about himself and about life. We act as a trusted guide on your odyssey – leading you through the obstacles, navigating the dangers, and helping you accomplish the growth and success you desire.
Why Wealth Design?
We recognize that achieving financial security is a complex process – one that requires much more than simply managing your investments. Creating true wealth is a process of design, conceiving a plan that includes a system of measurable human interaction. Design is also multi-faceted: we must consider the aesthetic, functional, economic, and sociopolitical dimensions of both the design object and design process. To do this effectively, we work with you to create a comprehensive, focused plan that ensures all elements of your wealth are taken into consideration – investments, cash-flow, liquidity, taxes, risk management, and anything else that is relevant to your wealth design.
The logo is a representation of the sail of a boat. A sail redirects the power of wind in order to propel the vessel through water. Similarly, we are able to help you navigate the complexities of today’s financial world and propel you towards accomplishing your goals
What the Future Holds for Our Practice and for You
Moving forward with Odyssey Wealth Design, as an existing client, you can be assured that your contacts within the practice will remain the same. We will still be a client-centered practice providing you with a high level of service. We remain dedicated to delivering value in coordinating all areas of your financial life, continuing to offer comprehensive cash-flow modeling, estate, investment, retirement, insurance, and business owner planning. In addition to providing suitable financial products and services, we are able to meet your unique needs by coordinating with the appropriate experts to create a family office experience.
We are also pleased to announce the launch of our new website! The website has been redesigned with a cleaner look and easy user navigation in mind. Now you can access your account information (via the account access tab), a wide-range of industry related information/important financial resource information, and much more. We encourage you to provide any feedback or questions via the website, and sign up for our newsletter.
Acting As Your Fiduciary
As you may have heard, the Department of Labor (DOL) recently expanded the “investment advice fiduciary” rule, which focuses on protecting investors by requiring all who provide retirement advice to plans, plan fiduciaries, plan participant’s, and IRA owners, to abide by a “fiduciary” standard, thereby putting their client’s best interest above all else and eliminating conflicts of interest due to compensation. We have always operated with a strict fiduciary standard when serving you, so nothing will change, except for some additional paperwork to document these requirements.
We believe that the best way to truly act in your best interest is to understand your goals and objectives, and your entire financial picture. This is why we focus on true comprehensive planning. Any recommendations we give you are made with the big-picture and the end-goal in mind.
From The Team
We are very excited to share our new name with you, and we look forward to continuing to serve you with the same dedication and quality you have come to expect from us. As always, we appreciate the opportunity to provide our professional opinion and advice to your friends, family, co-workers, and anyone else you care about. We want to make sure that the ones closest to you are being taken care of in the best way possible. Talk to you soon!