Financial Planning Powerhouse: Richard Dewayne Blair

When it comes to reaching your financial goals, Richard Dwayne Blair, a registered investment advisor at Wealth Solutions, believes the best way to have financial success is to follow the guidance of the Three Pillar Approach.

The First Pillar lays out a client’s specific financial goals and the best way to reach them, a roadmap. Through constant and open communication, it is at this stage that Blair is able to build a long lasting and trustworthy relationship with his clients. The Second Pillar is development. It is at this point that an effective strategy is created that is custom to each client’s individual needs. Richard Dwayne Blair personally manages client assets to ensure that they are functioning at maximum performance when the market is good and minimizes the potential loss when the market is down. The Third Pillar is implementation and monitoring. It is at this phase that Blair continues to implement the designated plan and monitor what is happening in regard to the client’s ultimate goal by keeping record and comparing expectations and historical data.

After graduating college with a degree in finance, Richard Dwayne Blair wanted the ability to help make a positive difference in people’s, families, and small business owner’s lives, so he created Wealth Solutions in 1994. Blair has always had a great understanding of finance and realized one way he could help these people was by helping them meet their financial goals.

In order to give his clients unprecedented service, Richard Dwayne Blair exclusively works with clients in the Austin, Texas area. This allows Blair to more easily have frequent, face-to-face communication, which further helps him build the trust of his clients. To add to his resume, Blair holds a number of financial titles including: Certified Annuity Specialist, Certified Estate and Trust Specialist, Certified Fund Specialist, Certified Income Specialist, Certified Tax Specialist, and a Retirement Income Certified Professional. All of these specialties give Blair the knowledge need to give his clients unparalleled financial planning services.

 

Fortress Investment Group Loans $57 Million to Kushner Cos. New Jersey Development

Fortress Investment Group a global investment firm loans $57 Million to Kushner Companies for the struggling real estate development project in New Jersey that consists of a two-tower development with 56 stories and has plans for 1500 residential units. Fortress Investment Group is providing the financing for Kushner Companies to provide the capital to finish the project and establish the funding needed to springboard this opportunity into a successful return on investment for the company. Fortress Investment Group is one of the leading alternative asset investment companies in the world by taking opportunities that are distressed, underperforming, or illiquid and infusing needed capital into the opportunities to produce successful returns on investment. Fortress Investment Group was established in 1998 by 5 partners including Wes Edens, Peter Briger, Randall Nardone, Michael Edwards and Rob Kauffman. These successful investment managers came together to form one of the largest alternative asset buyout companies in the world.

In fact, in 2007 Fortress Investment Group became the first buyout company to trade on the New York Stock Exchange. Fortress Investment Group has more than 1750 individual and institutional clients that are from around the globe that provide perspective and insight into opportunities on a global scale. In December 2017, Fortress Investment Group was sold to SoftBank Group a global technology company for $3.3 billion. After the acquisition by SoftBank Group Corp., Fortress continues to operate as an independent organization with the retention of the executive team and management staff. Currently, Wes Edens and Peter Briger serve as Co-Chief Executive Officers and provide high-level analysis and insight into the evaluation of various global opportunities to invest in illiquid and distressed investment opportunities. SoftBank Group saw thriving investment firm Fortress Investment Group as an opportunity to expand the corporate operation into the alternative asset investment industry and generate leverage and opportunity to increase their reach and scope within the industry.

SoftBank Group specializes in cutting-edge technological innovation and advancements by providing capital and resources to expand telecommunications, internet service, AI, Robotics, and various other innovations that will expand the world into the new information revolution. SoftBank seized the opportunity to gain footing within the alternative asset industry by investing in one of the larger buyout firms in the world by acquiring Fortress Investment Group. Fortress Investment Group currently manages over $30 Billion in assets within various industries and categories With the exceptional management expertise exhibited by the Co-Chief Executive officers Wes Edens and Peter Briger within Fortress Investment Group, the company continues to expand on the vision and mission of its founders by leveraging opportunities to invest in global alternative asset opportunities and capitalize on advanced knowledge from its leadership team. Fortress has established a reputation as one of the leading investment firms in the world by specializing in alternative asset investment opportunities like the $57 million investment loan executed to continue development of the Kushner Companies New Jersey development of the two-tower real estate investment project that stands at 56 stories and will encompass 1500 residential units.

 

Puerto Rico’s Hurricane Relief and story and Glen Wakeman

The happening of any hurricane season is often devastating as it results in unfriendly outcomes that might even take time for the appropriate remedy to be found. Similarly, Puerto Rico is among those that already encountered such a hurricane season in the year (Angel.co). As a result, it is already a victim of an enduring economic crisis. This adds up to the fact that a population of about a million at the Island lost power after the 7th September Hurricane Irma clip.

 

Even though evading such challenges can be tough, it is worth appreciating the continued efforts of institutions such as Red Cross in being alongside the help of the donors, donors like Glen Wakeman. The establishment if the American Red Cross took place in 1981. It is broadly recognized for its role in working to meet its mission on preventing and alleviating human suffering whenever emergencies arise. They do this through enhancing the mobilization of the strength associated with volunteering as well as the donors’ generosity.

 

The efforts of the Red Cross has not only been swift but also targeted. This is seen through its possession of volunteers as well as employees at the Island ground before the happening of the landfall by Hurricane Irma. By working alongside federal, the corporate as well as the community partners, the organization has enhanced the mobilization of volunteers as well as relief supplies to the needy. The supplies include water, cleanup kits, insect repellant, work gloves, food, home repair kits, and hand sanitizer. None of which, could be accomplished without the donations of individuals like Glen Wakeman.

 

Additionally, the organization already prioritized o aiding the communication infrastructure of Puerto Rico. It is for this reason that it has executed the shipping of satellite phones alongside other technological items towards the Island. This is aimed at filling specific needs that the cell phone service leaves.

 

Glen Wakeman is often described as the man wearing several hats. This is seen through his occupation of various roles such as being an investor, an executive alongside global business, a mentor, an investor as well as an entrepreneur (http://www.glenwakeman.com/about-glen-wakeman/). This adds up to his part of coaching other CEO on the ways of bettering the management of their firms. From his experience, he has a broad understanding of the continually rising interconnectedness related to the international economy.

More about Glen Wakeman on Twitter and Crunchbase