“Heritage Wealth Management Group…where we never cease to use wisdom and discipline to create better outcomes for our clients.”
Many organizations have a Mission Statement. Most involve input from everyone from the mail room clerk to the CEO and many firms hire consultants to distill the multiple opinions down to a sentence or two that delivers the essence of what the firm believes is their mission. As with most things, we took a little different approach. Rather than a short, pithy Mission Statement, we want to share with you our vision, what we are striving for and what we believe our role is in this industry.
Market declines are almost always based upon economic recessions. An intelligent understanding of where we are in the economic cycle is key to objectively calculating the “when” of the inevitable bear markets.
“Progress comes from deviation from the norm.”– Frank Zappa
We are students of history and of the global financial markets. We have a keen appreciation for how international politics, history and financial activity are all interrelated and play a significant part in the movements of markets around the world. But we do not follow the crowd. Crowd reactions are usually based on perceptions which are often wrong, and we believe that the distance between perception and reality is where true opportunity lies.
“It is the distance between perception and reality that defines the opportunity.”
We marry wisdom and discipline with investment strategy and policy to capitalize on that difference between perception and reality and pursue the best possible outcomes for each and every client. But we are not perfect.
Wisdom flows not from the frequency of being wrong but rather how quickly we recognize that we are. We are humble and constantly ask ourselves “could we be wrong?”. Not being proud makes our advice more valuable. We have a responsibility to share the inevitability of stormy weather with our clients. We do not shirk this responsibility, we embrace it because we care. Our clients respect us because of this.