Our Guiding Principles:
- Plans go wrong for lack of advice, but many advisers bring success. (Proverbs 15:22)
When you choose to work with 21:5, we act as a financial quarterback. We encourage communication between all the advisors in your life, such as your attorney, accountant, tax preparer, insurance agent, etc. It is vitally important we keep an open dialogue. We are all on the same team with your goals and wellbeing top of mind.
- Wealth from get-rich-quick schemes quickly disappears; wealth from diligent work grows over time. (Proverbs 13:11)
We are long-term investors that believe time in the market builds wealth, not timing the market.
- But divide your investments among many places, for you do not know what risks may lie ahead. (Ecclesiastes 11:2)
Diversify, Diversify, Diversify. We believe that portfolios should be globally diversified with disciplined rebalancing strategies in place. We do not know which asset classes will outperform and when; it is best to have broad exposure and rebalance when needed.
- Know the state of your flocks, and put your heart into caring for your herds, for riches do not last forever, and the crown might not be passed to the next generation. (Proverbs 27:23-24)We want you to understand your investments and the steps taken toward accomplishing your goals. Through education and guidance for you and your next generation, we will provide you with the tools to be able to make informed financial decisions and continually monitor your progress.
- Fools think their own way is right, but the wise listen to others (Proverbs 12:15).
We understand that each person develops their views from different perspectives. At 21:5 we gather these perspectives and work together as a team to manage your finances and build your plans. We believe this allows for unbiased best thinking and provides better outcomes for our clients.