There is no shortage of economic change these days, so a sense of stability is more than welcome. At SHM Financial Group, the goal is clear: the preservation of clients’ capital so that assets are protected against change.
“Sound financial decisions are best made when clients are educated about the important issues that pertain to their needs,” says Stanley H. Molotsky, founder, president and CEO of The SHM Financial Group. “We listen to clients, taking their needs and desires into account to create a smart and unique financial plan.”
Since 1970, SHM Financial Group has been helping clients navigate changes in the economic environment. The firm is still led by its founder, Molotsky, and the multi-generational team of financial advisors has more than 85 years combined experience and prides itself on making unbiased decisions customized to each client. The firm’s comprehensive approach to investment analysis, asset protection and tax reduction is complemented with services that include insurance and long-term care and estate planning.
“We are a small, family-run business and plan to remain this size,” Molotsky says. “This affords our clients the personal attention they deserve.” There are no mandated product lines to sell. Clients are assured a customized plan to meet their needs.
“I can’t say how many times I’ve picked up The Wall Street Journal and said, ‘Thank goodness I don’t have much of an involvement in investments based on the stock market,’” says David Meyers, a longtime client. “It is Stan’s conservative guidance that is really showing its returns in the current marketplace.”
Molotsky believes education is key, so SHM offers seminars throughout the year to discuss relevant issues such as the economic outlook, best practices in stock market investments, planning income for retirement, and other innovative strategies.
“When it comes to selecting a financial adviser, clients should really have answers to three critical questions,” Molotsky says. “First, it is important to know how long the adviser has been in practice. They should also be very clear as to who is the custodian of their assets. This must be transparent. Lastly, clients should have a good understanding of how the adviser is paid.”
He adds, “All of our clients know the answers to these questions and more. As we make decisions and even the most nimble of movements, we do so with the utmost transparency. I like to hear clients say we are consistent, reliable and accessible. We strive to be consistent in terms of steady performance, reliable in our longstanding stability, and accessible in the way we are always available to our clients.”
Setting the right expectations
At The SHM Financial Group, the first visit is really like a two-way interview. Molotsky says that, “We interview clients, but, more importantly, they are interviewing us. Together, we need to feel there is a true fit.”
Molotsky refers to this meeting as a financial stress test: a complimentary review of a client’s financial picture and current investments. The team discusses the client’s goals, objectives and risk tolerance to get an overall assessment of the client’s status and future needs. This information is analyzed and presented at a second visit with both results and recommendations. The client is then able to determine if they’d like to move forward with The SHM Financial Group.
Once the SHM team is engaged, clients are encouraged to have high expectations. “This is an ongoing relationship and clients need to know we are here for them—not only now but we will be in the future,” Molotsky says.
At minimum, clients meet face to face with a member of The SHM Financial Group quarterly. They can also anticipate communication more frequently in this fast-changing economy. With three locations in South Jersey, meeting with SHM is easy. Clients who contact SHM by phone are greeted by knowledgeable staff and assured a call back within 36 hours.
Molotsky adds, “I can’t remember a time since I began my career in the financial services industry when it was more crucial to protect what we’ve earned than it will be over the next 12 months. Think positive, but make sure you also have an exit strategy in place. “Our goal at SHM is to ensure you do not outlive your money.”
You can listen to the Molotsky Money Hour financial radio show live every Monday morning at 10 a.m., at 1540 WNWR-AM Philadelphia and South Jersey, and 1160 WOBM-AM Ocean and Monmouth counties.
SHM Financial Group has three locations in South Jersey. Its main office is located at 100 Richey Ave., Collingswood. The team also has offices at 1000 Main St., Voorhees, and 800 Route 70 W., Lakehurst. For more information or to schedule a complimentary financial stress test, call (866) MOLOTSKY or (866) 665-6875. Or, visit them online at SHMFinancial.com.
Published (and copyrighted) in Suburban Family Magazine, Volume 3, Issue 2 (April, 2012).
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