Planning with Purpose––Stone Wealth Management

Planning with Purpose

By Stone Wealth Management, Texoma LIVING WELL Magazine

A sound investment plan isn’t just about money. It’s about you.

While the planning process should be strategic enough to take into account your assets, your age, and your life circumstances, it should also include the things that touch your heart––your family’s needs, your hopes for the future, your concerns related to risk, your ability to withstand market volatility for potential long-term gains.

An investment plan customized to fit your personality and your goals balances your investments within different asset classes to help you manage risk and focus on progress toward long-term goals. “There are many options available to investors,” says David. G. Stone, AAMS®, Senior Vice President––Investment Officer for Stone Wealth Management Group of Wells Fargo Advisors, LLC. “We want you to have information from which to make thoughtful decisions.  What works for your neighbor may or may not be the best approach for you.”

A professional financial advisor can provide invaluable information about your options, as well as what asset allocation offers an appropriate mix for you. Advisors can talk with you about investing across, and within, the asset classes to create a balanced portfolio. While diversification doesn’t prevent losses, it does spread out your investment capital to help reduce the effect of a loss in a single market.

“We know, of course, stock prices fluctuate from day to day, and markets ebb and flow over time, along with economic and business cycles,” Stone says. “Those saving for long-term goals may be less concerned about changes than people who are nearing retirement or who have already retired. While no strategy can guarantee against losses, there are ways to help ease the effects of market volatility.”

While there are no guarantees, diversification can help minimize from the tandem effect, when too many like assets may decline together. “Each year we don’t know what the best performing asset class will be until we are looking in the rearview mirror,” says Juston J. Dobbs, MBA, CFP®, Vice President––Investments for Stone Wealth Management Group of Wells Fargo Advisors, LLC. “Also, the best performing asset class one year may be the worst performing the next. For this reason, we assist our clients in staying broadly diversified and not chasing the ‘hot dot’.”

This is especially important during times of volatility, when uncertainty can cause emotional reactions. Health care costs, high unemployment, mid-term elections, and government spending often make news headlines. Stone and Dobbs encourage their clients to review and rebalance their portfolios periodically and then stay the course.

The Stone Wealth Management Group of Wells Fargo Advisors, LLC, believes “The Smartest Investment is a Conversation”. The team is comprised of David G. Stone, AAMS®, Senior Vice President––Investment Officer, Juston J. Dobbs, MBA, CFP®, Vice President––Investments, and Lindsey Banks, Senior Registered Client Associate––Assistant Vice President. With 64 years combined experience, their mission is to offer a multi-generational, multi-dimensional approach to providing unbiased strategies to help meet the lifestyle, financial goals, and investment needs of their exceptional clients. 

Consider the benefits of having an experienced team of financial advisors working for you. Call Stone Wealth Management Group of Wells Fargo Advisors, LLC, at 903-893-6682 to find out more. Or visit their website at .

Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns. Diversification does not guarantee profit or protect against loss in declining markets. The opinions expressed in this report are those of David Stone and Juston Dobbs and are not necessarily those of Wells Fargo Advisors or its affiliates. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Additional information is available upon request.

Wells Fargo Advisors, LLC, Member SIPC, is a registered broker-dealer and a separate non-banking affiliate of Wells Fargo & Company.  CAR 0114-03519