Richard LaFerriere

I have lived in Palm Springs California for over nine years. As part of the local LGBTQ community, I enjoy supporting local non-profits and other organizations. I look forward to continuing to expand my support of the LGBTQ community.

My passion for building financial strategies started when I was in high school. During my senior year, my dad decided to change jobs, and this required we move as the house we lived in was provided as part of his job. Fortunately, my parents had invested in a rental property many years before. They chose to sell this property to have money to purchase a home for our family.

They reached out to get financial advice from a relative in the financial services industry. The advice they received was to diversify their funds from the sale of the rental house. My parents took part of the proceeds from the sale to use for the down payment on our home, and the remainder they invested and prepared for the unexpected. Three months after we moved into the new home, my father unexpectedly passed away at the age of 49. My parents made a very modest income prior to my father's death. Because of the financial advice my parents were given, my mother was able to keep our home. Preparing for the unexpected helped to maintain our lives, as there were three children still living at home.

The main take away for me was how important getting a financial advisor's opinion is to helping achieve our financial goals. I know that if my parents had not planned for the unexpected with the guidance of a financial advisor, we could have lost everything. Today, I am thankful to also be able to help my clients prepare for whatever life events may come their way.

Out in the community, I enjoy volunteering at the Palm Springs Cultural Center during different film festivals. I am also a member of the Palm Springs Chamber of Commerce.

As an Edward Jones financial advisor, every strategy we offer and every solution we recommend is based on what’s most important to you. Once we understand your priorities, we can help you identify specific financial goals and develop strategies to help you work toward achieving them.