07/02/2026
I was at an event with a client earlier this year when he asked me what makes us different from others in my industry.
I just looked at my client and asked “what made you work with KMFG?”
He said, “Man, you brought up way more than our other firm did. I felt like they just managed the money and you guys actually looked at our whole situation.”
Pretty cool to hear. I’ve heard versions of the same answer before.
Wealth works the same way.
What I see is most advisors start and end with the money and don’t go anywhere else.
Sure, we do financial plans, asset allocation, and the like, but if there was an event that could wipe it away, it means nothing.
Here are 3 areas to look at before investing more:
1. Risk Management
Look at your family and everything you care about surrounding you. Car wrecks happen closest to home.
Do you have to take care of your parents if they need help?
If your sibling passes, are you taking the kids?
Are you going to have to foot the bill for people around you?
I had one client that had never been asked how much they want to spend on their daughter’s wedding. They blocked off $500K for the event so we added that to the plan.
We can manage risk or pray it doesn’t happen to us.
2. Estate Planning
Do you have one? If not, did you really want a judge deciding where your assets or kids go?
If you do have one, what’s the distribution method?
Is there prenup language baked in?
Do you have emergency levers to pull if disagreements or divorces happen?
3. Family Office
Create the balance sheet and coordinate the team.
I can’t tell you how many don’t have this and I still haven’t seen someone in our industry do it.
Scattered assets. No idea where or what it’s invested in.
All of these are for laying foundations.
The bigger your castle, the deeper your foundation needs to be.
