North River Wealth: Our Mission
We are switching things up here on the blog over the next few weeks and doing a few features on our firm and what is important to us. This week we explore more about why we started our firm, what is important to us, how we came up with our name and a few other fun items. We hope you enjoy!
Our Mission
We spent a lot of time talking about how we would structure our business and what is important to us. Some of the items we knew that were non-negotiable were providing exceptional advice, service and transparency to our clients. This extended to our mission:
We firmly believe that each conversation is an opportunity to make a meaningful impact on someone's life.
Our mission is rooted in the understanding that financial decisions profoundly affect individuals and families. Each interaction creates an opportunity to build trust and create the family environment we want our clients to experience.
How do you incorporate the firm’s mission in working with clients or prospects?
Mike: When working with clients, my goal is to always understand what is most important for my client, then develop a strategy that aligns with those priorities.
Steve: Celebrating success is always fun, but being there for people in some of their lowest moments is when you really show the type of person you are.
Why the name "North River"?
The first thing we would say about coming up with a name is that it is not easy! You would be surprised how many names are taken when you try to establish a business. We went through many iterations of names and wanted to incorporate something with Pittsburgh (e.g., rivers, incline, bridges…how original, we know) because we love everything about this city and raise our families here.
We probably spent about a month discussing names until Steve’s friend Tim (note: Steve and Tim have known each other since they were 4-years old) texted him one morning and said: “How about North River Wealth Advisors?”. And here we are. Not only does it incorporate aspects of our region and city, but rivers also flow and bring life which is so important as we navigate life together with our clients. Be a river, not a reservoir!
What makes North River different?
- Personal touch. For us, being consistent and extending our services outside of investments and financial planning is important. If you have a question about something (investment related or not), we want to be your first call. That’s what we stive for.
- Providing financial planning for your entire family. We work with muti-generational families which means in many cases, we are working with families from great-grandparents to establish legacy planning all the way down to great-grandchildren to invest for their future. It is very cool to see how families grow and change over time.
- We make planning fun! Sometimes when you talk about money, it can be uncomfortable. And that’s ok! We aim to create an environment that helps clients break down these barriers and empower them in their decision-making. You would not believe how much conversations improve after just a few discussions.
Authored by Stephen Blahovec and Michael Rausch of North River Wealth Advisors. We are an independent, fee-only financial planning and investment management firm located in Pittsburgh, PA servicing clients locally and across the country. To learn more, contact us here.
This content is developed by North River Wealth Advisors from sources believed to be providing accurate information. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.