Navigating the intricate world of financial planning, Mark Newfield highlights the crucial need for a well-laid-out plan. Without it, investment management lacks significance. He observes that the world of financial advising has its complexities, with many being unclear about the real role of financial advisors.

Mark believes in a process-driven approach to financial planning. He understands the value of mapping out an individual's financial journey, taking into account their past, present, and desired future. This perspective is shaped, in part, by Mark's personal journey from a successful corporate life to starting his own business at the age of 46.

While Mark can't transform the entire financial world's views, he chooses to do things his way. He focuses on understanding his clients' financial vision, ensuring they are adequately saving for their future without unnecessary restrictions. Mark's approach, combined with his emphasis on loyalty and the importance of a trusting relationship with a financial advisor, plays a key role in his success.

Today, Mark Newfield, CFP® and RICP®, serves as the Managing Director and wealth management advisor at Journey Strategic Wealth. His team is dedicated to understanding and guiding their clients' financial futures.

Here are the top-must-listen takeaways from the podcast:

(0:48) Is investing enough without a plan?

(1:56) What really is financial planning?

(3:55) Is your financial journey intentional?

(5:54) How to begin your financial journey?

(10:55) The crossroads: personal vs. professional life

(16:31) Why withdrawing in a downturn hurts

(19:33) How investment timing affects returns

(24:16) Can financial plans truly be static?

(26:15) How often should you change financial advisors?

(30:20) Why loyalty matters in financial services

(33:11) What should we look for in a financial advisor?

(38:23) Books every financial enthusiast should read

Join us on the "Virtual US Financial Advisor" podcast as Mark shares insights from his journey and his perspective on creating an effective financial roadmap. Dive deeper into the financial world with us, where we bring you industry leaders and their transformative stories

Mark Newfield's journey is a blend of hands-on experience and expert advice. From an auto mechanic and retail store manager to a consultant at Accenture to the founding of his own financial planning firm (which is now a part of Journey Strategic Wealth), Mark has always been about guiding and fixing. Today, he leads his division at JSW, ensuring his team offers the best care and value to their clients.

When he's not diving deep into financial strategies, Mark enjoys college basketball, golf, and family trips. Eager to connect and share? Reach out to him at mnewfield@journeysw.com, call 8045259700, or find him on Twitter (@MJNewfield), LinkedIn (Mark Newfield), and substack (marknewfield.substack.com). For weekly insights, tune into his YouTube channel, @mjnewfield.

Disclaimer:

The content has been made available for informational and educational purposes only. The content is not intended to be a substitute for professional investment, legal, or tax advice. Always seek the advice of your financial advisor or other qualified professionals with any questions you may have regarding your business or personal planning.