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 advise from a relative in the financial services industry. The advise 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. My parents purchased mortgage insurance when they bought the home. 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 advise my parents were given, my mother was able to keep our home. The home was paid off by the mortgage insurance. The other investments 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 Desert 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.
My Personal Interests
- Home Improvement
Palm Springs, CA 92262
Phone NumberRichard LaFerriere at (760) 318-6617
|Mon||08:30AM - 05:00PM|
|Tue||08:30AM - 05:00PM|
|Wed||08:30AM - 05:00PM|
|Thu||08:30AM - 05:00PM|
|Fri||08:30AM - 05:00PM|
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