No one will argue that acquiring long-term wealth is a daunting endeavor. It requires patience and the right strategy. However, many average American adults do not have sufficient knowledge of wealth creation. Statistics showed that thousands of Americans retire every day and unfortunately, most of them do not have significant savings for investments, hence, they often experience monetary struggles.
Everyone strives to build their wealth and enjoy life. To achieve that status of living, people should have the proper knowledge about money. The Legacy Company founder David Hutchinson remarked that most people only learned 5% of what they should know about money. For the most part, we are forced to learn more about money through our own efforts. The current educational setup considers practical financial education as a lesser priority, which reflects in the choices average individuals make with regard to their finances.
The Legacy Company commits its team of advisors and planners to help change the way people get their financial education. The company eyes to turn Americans into financially sound individuals who can make better financial decisions. It is an undertaking that the company continued to carry in the last ten years of its existence.
The Company’s Beginnings
The Legacy Company was the brainchild of former military personnel tuned into a financial expert and wealth coach. Hutchinson served in the United States military in the early part of his career. Hutchinson might have started his military service career, but he is destined to excel in another field. After fulfilling his tour of duty, he decided to shift his career and become part of the growing financial and wealth industry.
Hutchinson worked for some of the top brands in the financial world, namely Prudential and Wells Fargo, wherein he honed his skills and expanded his knowledge. In the early part of his financial career, he handled insurance and retirement and was fortunate to learn wealth strategies and tactics from top honchos in the industry. His mentors are wealth managers who manage hundreds of millions in assets and private equity while they also run multiple companies. He also admits that he owes much of what he knows about wealth creation from his former mentors.
Established in 2009, The Legacy Company is the accumulation of everything Hutchinson learned throughout the years. Like most startups, the company’s early years did not generate enough revenue. It took Hutchinson sometime before clients started coming in. For the first two years, he needed to do extra work as a personal trainer and diet coach to make ends meet and sustain his company.
Applying a Holistic Approach
Hutchinson believes that wealth creation is not all about money. He approaches creating wealth using a broader perspective. Money is just one of the components of the grand scheme of wealth creation. Hutchinson explained that wealth creation requires the other pillars of life—mind, body, and family. If one aspires to get physical and financial wealth in life, one should possess a healthy body and the proper mindset.
For the company, a healthy body is significant in wealth creation. Thus, Hutchinson’s team provides fitness, nutrition, and supplementation advice to people. They help people improve their financial stability, but they do not plan on stopping there. Part of our strategy is creating a culture wherein people desire better physical wellness and nutritional health. He pointed out that a sound body and a sound mind will play vital roles in acquiring long-term wealth.
Likewise, Hutchinson said that they offer mindset and mental wellness strategies to address the other pillars of life that focus on the mind. The company explains to people that having a proper mindset and consistency is essential in creating wealth in the long run. Hutchinson explained that any financial strategy would not provide better outcomes if people lack the right mindset because success starts in mind.
The company’s community and expert support help individuals fulfill another pillar of life: family. The financial agency is convinced that people attain the best results and outcomes in life when they are part of a community. Hence, Hutchinson shared that they treat their clients as their community members instead of seeing them as mere clients or referral partners.
Hutchinson said that the agency is proud of its team of licensed advisors and planners who are always ready to provide financial education and guidance in investments and retirement. The company’s licensed financial professionals can help teach people from different walks of life everything they need to learn about money, from the basics to long-term investment strategies for retirement. The company also offers a high-end program called Apex Financial, which is a one-on-one coaching program that integrates multiple advisors, wealth planners, and tax preparers all in one place to cater to the needs of affluent clients.
An Open Invitation
The Legacy Company is sending an open invitation to everyone interested in acquiring long-term wealth. The agency’s growing team of hungry advisors can help anyone create long-term wealth and live a life of abundance and prosperity.
Backed by years of experience as a financial professional and wealth coach, Hutchinson can provide professional guidance in wealth planning. His wealth strategies include wealth plans, insurance, private equity investments coaching, and strategic partnerships with high-end trusted tax strategists.