Marcus Fryar, Investment Adviser Representative In the quest for financial independence, individuals often accumulate resources that can help them grow their wealth. Yet, they often don’t know how to build their investment portfolios in a way that maximizes their resources, saves taxes and reduces the risk of loss.
Fryar Financial, an independent firm, guides business owners and career professionals to build wealth and retire on their terms through a distinctive and well-defined financial planning advice model. It operates as a fiduciary committed to helping clients attain financial independence through tailored strategies while effectively using their existing resources and mitigating risks.
In its goal to help clients achieve a wide range of financial objectives, Fryar Financial primarily focuses on risk mitigation over the pursuit of high returns. Its approach lays the groundwork for a more resilient investment strategy and facilitates quicker recovery during market fluctuations.
Following the renowned businessman and investor Warren Buffet’s principle that preserving capital is crucial for long-term wealth accumulation, the firm focuses on minimizing losses to expedite wealth recovery and enhance overall portfolio performance. It achieves this by adopting a holistic approach to wealth building that integrates tax planning, tax-efficient strategies and goal-based financial planning into its wealth management services.
“We prioritize creating a financial plan over solely focusing on asset accumulation, striving for the most efficient use of client’s resources,” says Marcus Fryar, CFP, ChFC, SE-AWMATM, CRPCTM and investment adviser representative at Fryar Financial.
In his white paper, ‘The Athletes Playbook,’ Fryar emphasizes the importance of diligent planning, stating that every dollar saved opens up opportunities to allocate resources for the benefit of the family.
In addition to serving business owners and retirees, Fryar works with athletes and entertainment professionals, offering customized solutions to address their distinct financial needs and objectives. Acknowledging the limitations of a one-size-fits-all approach, he performs meticulous analysis and delivers personalized guidance to clients, while ensuring every financial investment decision aligns with their long-term financial goals and risk tolerance.
Leveraging extensive experience in tax practice, he offers tax-efficient investment solutions that optimally directed clients’ resources to achieve their desired wealth building outcomes. The firm offers retirement planning strategies tailored to clients’ needs, ranging from solo 401(k) plans to more complex approaches like incorporating cash balance plans. It delivers efficient resource allocation, cost management and tax optimization to help clients achieve their financial objectives while reducing tax burdens and accelerating savings.
At the core of Fryar Financial’s ethos is a commitment to optimize investment structures. Fryar conducts thorough due diligence and analysis for clients, identifying and eliminating hidden fees that hinder their progress. This empowers clients to make informed decisions that maximize returns and minimize costs.
A compelling example showcases Fryar Financial’s expertise in estate wealth preservation. When a client arranging memory care for aging parents sought to safeguard their assets, Fryar Financial stepped in. It strategically established trusts over three to five years, qualifying the family for Medicaid benefits. This planning protected the family’s assets while ensuring essential support for their parent’s long-term care needs.
Fryar stands as a stalwart pillar of guidance and expertise in wealth management, providing customized solutions that support each individual’s journey to prosperity. Going beyond traditional financial advice, his firm fosters a trusted partnership with clients in their pursuit of financial independence.
