Financial Advisor Peter Disch Is Helping His Clients Achieve Financial Peace Of Mind

With roughly 330, 300 financial advisors in the U.S., choosing a trusted and reliable advisor can feel like steering a boat without a sail. When it comes to something as important as your wealth, you deserve the best of the best—but not all advisors are the same.

That’s where Great Point Wealth Advisors LLC comes in. Hailing from “Beantown”, the Boston-based financial advisory firm stands tall amongst others in the industry, as their goal is to make clients feel confident, leaving doubt and questions behind. “We don't want them to be doubting different things. We want them to feel totally comfortable in our process and what we're doing,” says founder and managing member of Great Point Wealth Advisors LLC, Peter Disch.

As a CFP® recognized by Forbes as a Best in State Wealth Advisor since 2019 and named to its inaugural list of America's Top Next Generation Wealth Advisors, Disch and his firm are a trusted choice for wealth management. Disch also volunteers as a Financial Coach to families and patients receiving care from Dana-Farber Cancer Institute.

He believes “simplicity is on the other side of complexity,” but too often other financial advisors make things more complicated than they need to be. At Great Point Wealth Advisors, they offer services including emerging, independent, and generational wealth management. Whether clients are seeking advice on issues from cash management to estate planning, asset allocation to charitable giving, and many topics between, clients can rest assured knowing their unique needs are covered.

But what makes Great Point Wealth Advisors unique are three main components upheld by Disch:

1. Simplifying the complexities of finance

“A lot of financial advisors like to complicate things, make them feel like they're more valuable, and make it feel like the client has to rely on them even more,” says Disch. “And unfortunately, that just creates more questions for clients and doubts.”

“What we've done is we've basically removed 90% of the complicating factors and just focus on that very small percentage of things that actually matter in personal finance. And, again, you can make this stuff as complicated as you'd like to. And I do think there's some degree of that out there in the industry for self-serving purposes. And we just take the exact opposite approach.”

1. Building trust with each client

When it comes to building trust with the clients, Disch believes “compensation arrangements between clients and advisors are critical. Our compensation arrangement with them is that they're the only ones that pay us, so we are truly working for them.”

“They know that we're advocates for them. They know that if I recommend something to them, it's only because I think it's in their best interest, and it's not because I'm getting some kind of commission or kickback,” he continues. Disch stands behind the notion that the first basis for establishing trust is proving to the client he is their advocate, their fiduciary, meaning he holds their interest higher than his own.

2. Educating clients through transparent communication

As a finance major in college, Disch approaches his client relationships with a teacher-student approach so they can properly comprehend the services they’re paying for. “If they wanted to, they could probably just go and do a very similar thing on their own. But I think they don't do that because they enjoy all the ancillary services that we provide to them,” he says.

This also involves educating the clients on investing. “The biggest mistake any investor can make is selling out of the equity market when it's low,” Disch explains. “Part of my fiduciary job is helping my clients understand what the risk in a portfolio looks like and what that could mean. When the market goes down 50%, because we know that's going to happen at some point, I have to position them in such a way that if the market goes down 50%, they'd be diversified so they wouldn't go down fully. If they went down 20% or 30%, they have the education to know that our style of management is always going to rebound, it's never going to go to zero.”

Disch prioritizes proactive communication in times of market turmoil and also makes himself available for meetings or Zoom (NASDAQ:ZM) calls to alleviate any confusion.

With an overarching goal of helping “clients make the best decisions for their own situation and then implement them on their behalf,” Disch and his firm continue to be the guiding light for individuals when it comes to wealth management.

To learn more about Peter Disch, connect with him on LinkedIn. To learn more about Great Point Wealth Advisors LLC, visit its website here.

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