Looking Back Helps Advisors Look Ahead
McLaughlin Ryder Investments, Inc.
In 2011, “The Wall Street Journal” reported that the Financial Crisis Inquiry Commission— appointed by the Federal government to investigate the financial crisis of 2008—“blamed failures in financial regulation, flaws in corporate governance, and excessive borrowing as key elements leading to the meltdown.” The warning signs were there as experts from finance, government, and industry now concur, but as they, say hindsight is 20/20.
Shawn P. McLaughlin, President and CEO of McLaughlin Ryder Investments, Inc., agrees. “It’s easy to see the warning signs in retrospect, but what is clear today was very, very foggy back then,” he said reflecting back to a time where Americans suffered through economic shock treatments.
Probably one of the biggest signs was how easy it was to buy a home said McLaughlin. “Almost anyone could get approved for a mortgage loan. People were taking out more money than they needed for the home purchase so they could invest the rest and make a great return. That was a huge red flag,” he said.
McLaughlin Ryder Investments, based in Alexandria, VA, uses a conservative approach, is committed to solid investments, and has a penchant for patient investors. As a result, their clients survived the economic turmoil. “We have always taken a balanced approach so we were not 100 percent equity oriented in our clients’ portfolios,” said McLaughlin making the comparison that it was no different in his approach in the early 2000’s when the dot.com bubble burst. While they did have some holdings in internet technology and growth, they didn’t sell their long-time favorite blue-chip holdings in favor of them.
McLaughlin is an Accredited Investment Fiduciary™ (AIF®), a prestigious designation earned by completing in-depth training and examinations. AIF® status brings added value to the client relationship and demonstrates an advisor’s commitment to perform in the client’s best interests.
The slow and steady increase in longevity that has occurred in the U.S. is an area that is top of mind at McLaughlin Ryder Investments. “People are living longer - It is a disservice not to help your clients properly plan for a retirement cycle that could be as long as you were in the wage earning cycle,” said McLaughlin.
Vice President and Director of Human Resources, Julie Theobald added, “We encourage both spouses to come to meetings and participate so it is not just one of them that understands the financial aspects of their big picture, and that both spouses understand the assets they own and their financial plan.”
McLaughlin was named as a Top Financial Professional by “Northern Virginia Magazine” in 2014, 2013 and 2012. He observes that today, people have more questions compared to what he experienced early in his 30-year career and he is happy to listen, as long as it is an open dialog. Member FINRA & SIPC Securities offered by McLaughlin Ryder Investments, Inc. Investment Advisory Services offered through McLaughlin Ryder Advisory Services, LLC a Registered Investment Advisor.
Shawn P. McLaughlin, AIF®,
President and CEO