CASE STUDIES
Michael
On the Path to Financial Stability
Michael, now in his mid 50s, has worked as a Medical Device Representative for 25 years. He’d reached a point where he needed help managing his income and keeping his finances organized. He knew that both his profession and his company benefits were unique, and that finding a financial advisor who understood them might be difficult.
Goal
Medical device sales is known for its commission-heavy compensation structure, and Michael’s income was no exception. He needed someone with a forward-thinking mindset to help him manage his finances wisely, so he could relax and live without worrying about how next month’s sales figures might affect his retirement savings.
Challenge
As a commission-based representative, Michael’s income tended to fluctuate month-to-month. Despite being successful overall, he knew he needed help understanding, organizing, and optimizing his assets. He needed to manage his finances in a way that would allow him to pay his mortgage and quit worrying about losing the lifestyle he’d spent years building.
Approach
After some searching, Michael managed to find an advisor who specialized in serving professionals in the medical technology industry. The Perspective 6 Group helped Michael organize his finances, optimize his income, and manage his IRA. They advised him to join his company’s stock purchase program, which Michael describes as “a valuable source of income” when the market performs well. He says he probably wouldn’t have joined if not for his advisor at Perspective6 Group, and he’s grateful that he did.
Result
Thanks to his partnership with us, Michael now enjoys the peace of mind he needed. His finances are much cleaner than they were before, he has paid down his debt, and he’s confident that he’ll be able to retire well when the time comes. He knows he can rely on Perspective 6 Group to provide a solid, experienced approach to market volatility while understanding the nature of the risk in his job. With our help, Michael is on the path to financial stability.
For illustrative purposes only, not indicative of any specific investment product.
