(North Fulton Business Radio, Episode 455)
Richard Taylor is passionate about wealth management. After thirty years in an organization owned by a regional CPA firm, he bought that firm, Avid Wealth Management Group, so he could better serve his clients. In this conversation with host John Ray, Richard discussed the services Avid offers, how they structure their fees, their commitment to the client’s goals, how they respond to market volatility, and much more. Don’t miss his story of the extravagant Christmas lights he puts out yearly, and why.
North Fulton Business Radio is broadcast from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.
Avid Wealth Management Group, LLC defines the best of what you should expect from a wealth management company: thoughtful, caring people who listen to your goals and dreams, and know what it will take to achieve them.
Their process is designed to foster trust, grow relationships, and provide their clients with a high-quality experience. This allows clients the ability to define a vision of their ideal future and follow a process to achieve that vision.
They offer a personalized boutique-style investment experience. The services they offer will satisfy your needs in relation to;
- Investment management,
- tax planning,
- retirement planning and
- life insurance.
Through regular communication, including in-person meetings, they are able to do all they can to assist our clients achieve their ideal future. Whether that is achieving more family time, travel, charitable donations or new business ventures, they will work with you. They pride ourselves on offering practical solutions with personal attention rather than simply presenting lists of products and services.
The reality is that not every client comes with a clear vision of their future. They may not have defined goals. Avid can help define your goals with the end in mind and help families develop realistic, achievable goals.
Avid helps clients plan for the desired lifestyle in retirement. They can then work with them to maintain that lifestyle in retirement. Avid helps clients develop a comprehensive plan including;
- investments,
- real estate holdings,
- business ownership and cash flow,
- insurance and income protection,
- tax planning and
- charitable giving.
Avid Wealth Management Group is here to serve as your Investment Manager, Planning Expert and Trusted Partner. This is done by repeatedly delivering a high-quality personalized experience with optimal results.
Richard Taylor, President, Avid Wealth Management Group, LLC
Richard is the President and owner of Avid Wealth Management Group, LLC. He serves as an investment advisor to his clients, providing portfolio management, retirement, insurance and financial planning for wealthy individuals, trust, estates, and corporate retirement plans. Richard was featured in Atlanta Magazine where he has been named a Five Star Best in Client Satisfaction Wealth Manager for multiple years.
A qualified CPA, Richard was a client services shareholder of HLB Gross Collins, PC, from 1984 through 2018 having joined the firm at the start of his business career in 1973. He served as International Practice leader from 1989 to 2018. Richard served a broad range of industries including manufacturing, distribution, construction, service, and technology companies. He is focused on planning to help companies address issues and business challenges to enhance profitability and maximize financial success. He has extensive experience in business acquisitions, business sales, and many issues related to financing, planning, and tax strategies for these transactions. He also served as a trusted advisor to his clients.
In addition, Richard also served as the firm’s liaison with a worldwide organization of accounting firms, HLB International. Richard has worked with many clients in international markets. He represented numerous international companies operating in the United States and US companies operating in multiple countries. He has specialized expertise to help clients in dealing with International Financial Reporting Standards, international tax planning strategies, transfer pricing, and many issues related to corporate structure and the requirements of doing business in multiple countries.
Richard is a graduate of the University of Georgia.
Questions and Topics in this Interview:
- Avid Wealth – what sets it apart from everyone else.
- Services to business and not just the individual.
- The importance of wealth management and at what point one should start to take wealth management seriously.
- Should one be nervous of falling markets?
- The change in portfolio composition over time based on the needs of the individuals.
- What does a financially secure retirement look like?
North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.
Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.
Special thanks to A&S Culinary Concepts for their support of this edition of North Fulton Business Radio. A&S Culinary Concepts, based in Johns Creek, is an award-winning culinary studio, celebrated for corporate catering, corporate team building, Big Green Egg Boot Camps, and private group events. They also provide oven-ready, cooked from scratch meals to go they call “Let Us Cook for You.” To see their menus and events, go to their website or call 678-336-9196.
Kelly Lorenzen, CEO of KLM Consulting, is an award-winning entrepreneur with over 15 years of business-ownership experience. She is also a certified project management professional.
