Think Like A Wealth Coach

John Dankovich

Why Families Procrastinate Planning

Procrastination

Many families we meet have gone through a cycle of gathering ideas, making progress and then pressing the pause button prior to execution. If you’ve been through this, you are not alone. It can be difficult to tell which feels worse: a lack of action around something that’s important to you, or the thought of executing something that doesn’t feel 100% right.

If recommendations don’t feel personal, it causes a lack of commitment to move forward. This is why families pay for elaborate planning sessions and then stop short of pulling the trigger. These are big decisions. Until you understand the real purpose behind your actions, why execute?

We help families first gain focus around their ultimate vision for their wealth. We help you picture what life is really going to be like when your wealth is received by your heirs in your lifetime or beyond. Our planning processes help ensure that this wealth transition has a positive impact on your family and your community. We also work with your existing trusted advisors so that the entire advisory team sees your vision as the filter through which all tactical actions are considered.

As a result, planning finally represents your desires and your language. It feels like an extension of you instead of something external that was completed for you; that if you decided to roll it out right now, it would be a joy to observe.

Read More
Joseph Mackey

Value Of Authenticity

Value of Authenticity

We believe that pride and ego can cause separation between you and an ideal planning experience. If an advisor has a need to be right, it influences the flow of communication. It can limit your ability to fully share your vantage point because meetings are focused on the presentation – as opposed to your present state of mind. It can separate you from the best strategies and ideas because your ideal solution may exist outside of the room.

Authenticity in communication means that we come to your planning table with no hidden agendas and no ulterior motives about where the conversations are headed. Families find this refreshingly disarming; you can finally and fully relax. This authenticity removes the distractions of watching the clock or wondering when the sales push will come, and replaces them with an unprecedented ability to think and converse freely.

We believe authenticity must be accompanied by a fair measure of humility. We bring insights, ideas and expertise to the table, yet we continue to learn ourselves and are never afraid to reach outside the room and gather additional talent or perspectives.

Read More
Michael Komara

A Different Kind Of Conversation

We hear words like “legacy” and for many of us, we wonder what ours might be. Life is too short to spend time simply thinking about it… our actions will tell our stories. Can our footprints and fingerprints leave an indelible impression on the world around us? You decide.

When a family makes a decision to meet with an advisor and address a planning project, the meetings typically revolve around their stuff. Bullet pointed yes/no questions are fired off in hopes of diagnosing financial assets so the advisor can offer solutions.

At MKD we begin planning in an entirely different place. We believe it’s about people first and money next. It’s about gathering perspective over gathering data; more relational than transactional. As the facilitator of these conversations, we seek to understand what inspired you to become who you are in the world, and the challenges and triumphs you faced along the way.

Many “self-made” people don’t have a conscious list of their values or passions. We have a process for helping you identify and document your most powerful ideals. Then the financial aspect of planning takes on an entirely new meaning.

Having captured the values, perspectives and decision making patterns that allowed you to create wealth, we can leverage those intangible qualities to guide the use of your wealth going forward. In this unexpected paradigm several unique things emerge:You gain structure for facilitating family passions using wealth without having your daily family dynamics revolve around wealth. Planning becomes an extension of what you believe, no longer a confusing foreign topic. You can picture your family in relation to your wealth, and smile, because you can see how they’ll use the assets to better their lives and others’.

We begin planning conversations in an entirely different place. As a result, your planning ends in an entirely different place.

Read More
Nathan Bohannon

The New Paradigm

It took a committed few to change the minds of the masses. We believe that misconceptions about reality can carry on if the ideas are never challenged. Many individuals stand to lose a great deal in life simply because no one is listening. We’ll be the ones to challenge that.

Find out what would it feel like to engage comfortably in a planning conversation knowing that you were not being led toward someone else’s predetermined outcome.

Discover what would change in your results if the playing field was wide open to possibilities – your possibilities – not limited to a short list of known solutions.

Prepare for what could happen when advisors who once operated as separate resources begin to work as a unified voice whose actions stem from your vision.

So how does it feel when your past paradigms around financial planning are noticeably absent?

It feels good. Have A Different Kind of Conversation.

Read More
Michael Komara

Life in the Balance

Life in the Balance

Seven Strategies for Making Life Work. Stop existing. Start living. Don t settle for drudgery. We were designed to dance on this planet, not tote it around on our backs. Business leader and author Michael Komara challenges readers to change their trajectory from settling for average to striving for excellence… from thinking small to dreaming big, all for the joy of feeling truly alive. With wit and wisdom, Komara explores seven key areas: Family, Friends, Fitness, Fun, Finances, the Firm (your work), and topping it off with Faith. Learning these seven strategies will equip you to achieve the one goal that eludes most people a truly abundant life.

Order Your Copy

Read More
John Dankovich

The Future of You

The Future of You

What is the single most important indicator of wealth? Hint: It isn’t your assets, your bottom line, your bank account, or your list of valuables. In fact, a true definition of wealth extends far, far beyond the numbers. Unfortunately, most advisors ask the wrong questions, leaving their clients’ wealth unprotected and their plans incomplete. The Future of You redefines wealth and challenges the traditional approach to planning so that your financial and legacy plans embody your unique values.

Order Your Copy

Read More