In the inaugural episode of Optimizing Your Financial World, we introduce you to the President of Echelon Family Office, Mark Wade. Mark brings over four decades worth of experience in wealth management to the show and addresses his past dealings with affluent families and their respective businesses.

Given so much uncertainty in the world lately, with the Covid-19 pandemic, the 2020 Presidential Election, and their impacts on the economy as a whole, there are plenty of people wondering what they can be doing to give them peace of mind about their finances.

Allow Mark to help put your mind at ease and explain the benefits of the stress testing process. Through a robust and in-depth analysis, Mark taps into his four decades of experience in the financial sector and reviews your personal or business finances to help calculate the right financial maneuvers given your future goals.

So sit back, relax, and absorb this beneficial information to help ultimately optimize your own financial world!

Timecodes:

00:08 - Introduction to the show and introducing Mark Wade

02:47 - What people should be doing right now to give them peace of mind about their respective finances

04:50 - Why the stress testing process is so valuable for an individual, family, or business

06:10 - The main ways a stress test can be utilized

07:32 - Why someone may have been prompted to come see Mark for a stress test

09:30 - The keys to making sure a stress test is done well

10:52 - They types of questions asked during a thorough discovery meeting

14:40 - The importance of connecting with clients and getting to the heart of their needs and goals for the future

16:39 - Stress tests can be utilized for anyone, not just the super rich

19:03 - What kind of analysis clients are leaving with after receiving a stress test

20:39 - Final remarks on stress testing and why someone should be utilizing this process

Connect with Mark Wade:

Website

LinkedIn