Dick_McGorden

Richard B. Megorden II, CLU

Legacy Advisor, SWS
Wealth Advisor,
RJFS

How do you empower your clients to live their Signature Life?

I encourage them to save/invest first and then play with what’s left not the other way around. I try to make market volatility so real that when a downturn occurs they expect it and view as normal. I try to warn them it is going to happen. I show them that different asset classes move in somewhat predictable patterns and show them how this is being employed to reduce shocks. I stress that we have done everything we can to understand their risk tolerance and to structure the asset allocation of their portfolio to not go beyond this point. I stress that they should stay put when the market drops and not cut and run. I make sure they know the market has always recovered to above from where it fell.

 

What does your life look like outside of the office?

My wife, Kitty, and I reside in beautiful Charlotte, North Carolina, where we enjoy having both a daughter and granddaughter nearby.

 

What can you tell us about your professional journey?

I began my career in March of 1968 with the Ding’s Agency of Connecticut Mutual Life. I became an agency supervisor in 1972 and six years later began my investment–counseling career with Connecticut Mutual Life.

I specialized in investment planning and served as a Series 7 registered representative of Integrated Resources Equity Corporation. In 1990, I began laying the foundation to operate as a registered investment advisor of CP&S/Russell Advisors. In 1991, I co-founded CP&S /Russell Advisors, the first Frank Russell Company advisory office in Charlotte, North Carolina.

In 1970, I graduated from the University of North Carolina at Charlotte with a BA in History, after earning honors in his major both his junior and senior years. I received my Chartered Life Underwriter Degree from the American College of Life Underwriters of Bryn Mawr, PA in 1972.

 


 

FUN FACT: 

Fly fishing is Richard's great joy and he is passionate about sharing it with others. He loves helping others learn the craft and hearing about a great fish they caught on one of his flies.

 

 

 

Managing Your Money Doesn’t Have To Be Complicated

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knowing that you're living your life intentionally.