Kansas City

Why Your Children Need a Next Generation Triune Advisor

Do you want your children to share your strong values about money and possessions? Do you want to be able to discuss life decisions candidly with them, knowing you’re on the same page? Do you want them to work with a financial advisor who has been trained and mentored by someone you trust? I know I do. They may be grown, living on their own and perhaps even married or parents themselves — but we still want the very best for our children. It’s this heart for our children that drives our commitment to building the next generation of Triune Advisors.

Nearly two years ago, we created the Triune Residency Program to train and develop future Triune Advisors. Potential Advisors spend between six and 12 months engaged in client meetings and diving deep into all aspects of our process. If they make the cut, they are put in a position to meet potential Triune clients.

These potential clients are often close in age to their Advisor. This allows clients to grow alongside with their Advisor, walking together through similar stages of life. As partners in conversation, Triune Advisors come alongside clients with hearts for service every step of the way.

Husbands and wives, business partners, parents and children — we love facilitating great financial conversations and strengthening life’s most important relationships. I am pleased to say that each of my three daughters have worked with our two Next Generation Advisors, Jesse Bunse and Bryan Gum.

We depend upon the eyes and ears of our existing friends, family and clients to help us meet the next generation of Triune Advisors. If you think highly of Triune, help us find our newest Next Generation Advisor. We’re grateful for your help. Know someone who fits the bill? Contact us to let us know >>

5 Reasons Millennials Need A Financial Planner

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Think you need a top-tier bank account balance to swing a financial planner? Waiting to have kids before you pick an advisor? Here’s the reality: we all need financial planning, no matter what stage of life we’re in. Millennials, we’re ready to help. There is no such thing as being too young to plan. Yes, even Millennials (generally speaking, those who were born between the early 1980s and early 2000s) need financial advising. Here’s why financial planning is worth your time.

5 Reasons To Have a Financial Planner as a Millennial

1. Managing your cash flow

We’ll spare you, and won’t mention the word budget. But cash flow management is no joke. How do you and/or your spouse track your spending and saving?

2. Don’t just set goals. Achieve them!

We all have things we want to accomplish: become debt-free, buy a new house, college planning, retirement, you name it! We can set as many goals as we like, but how do we achieve them? At Triune, we use a process of regular collaboration and analysis to help you understand where you’re at, where you want to be and what needs to be done to get you there.

3. It pays to start early

Do not underestimate the power of compound interest. The greatest driver of investment returns is time. As your Financial Planner, we use your cash flow and goal setting to establish savings — systematic savings. Discipline yields contentment, and the capital markets of the world have a way of rewarding patient investors.

4. Accountability, transparency and everything in between

Ever have that thing you want to get done, but won’t do unless you know someone is holding you accountable? Welcome to the human condition. Accountability is key in many areas of life, not the least of which is your finances. Does thinking about money create anxiety for you? Are financial conversations with your spouse tense, stressful and frustrating? A big part of what we do is help couples bring all of their financial stuff to the light. By having things out on the table, we create peace of mind — even if things don’t yet look great.

5. Education from the real experts

So you landed that first job — congratulations! But what now? Roth who? IRA what? How much should you contribute, and where should you contribute it? Then there’s insurance; what does a good plan really look like? The list goes on. We’re on your side, ready to answer all these questions and many more, so you can make the right choices the first time around. We work to come alongside our clients and help them to think well and make wise decisions over time.

We’re here to help, no matter where you are in life. It’s never too early to get serious about planning — take the first step with someone you can trust.

Triune Gives Thanks

During this time of Thanksgiving, our Triune family was privileged and honored to give back recently, serving others a home cooked, hot meal at Reconciliation Services, Inc.

The Triune Staff and family volunteers at Reconciliation Services

The Triune Staff and family volunteers at Reconciliation Services

Every Friday night, Reconciliation Services provides a community meal to those living in and around the area of 31st and Troost in Kansas City. It is an opportunity for those affected by homelessness, hunger or lack of community to come together and be served, restaurant style, at a sit-down common table atmosphere. The Triune Family, including our spouses and children, served more than 450 meals that evening. We delivered plates, bussed tables, filled water glasses and just visited with the guests who came to eat that night.

Triune Co-Founder and Managing Partner Jim Mullinix visits with a guest at Reconciliation Services

Triune Co-Founder and Managing Partner Jim Mullinix visits with a guest at Reconciliation Services

It is the mission of Reconciliation Services to assist every person who comes through their door with the understanding that each is made in the image of God. This mission ties so beautifully to the vision at Triune: to walk alongside, assist and serve our clients in their financial journey.

Not only this season, but throughout the year, we humbly thank you for being part of our Triune family and thank God for the talents He has given us to serve you, as well as the folks at 31st and Troost. We wish you all a Happy Thanksgiving.

Triune family members prepare the meal at Reconciliation Services

Triune family members prepare the meal at Reconciliation Services

To learn more about Reconciliation Services, Inc., visit their website at www.rs3101.org.

A Real Pro Retires from Triune

It’s been my treat for over 10 years now to call J. Emerson Hartzler my client, then colleague, and finally friend (for life). He is one of the most principled and disciplined men I’ve ever met. He invested in me deeply — and for this I doubt I’ll ever be able to re-pay him.

My dear friend Cindy introduced me to Emerson in late 2004. At the time, Emerson was COO of the largest cardiology group in Kansas City; indeed, among the 20 largest similar practices in America. Apparently, one of their Physicians had come to him questioning investment performance and expenses of their retirement plan — he had enlisted Cindy to help him address the issues. Cindy solicited my assistance, for which I will be forever grateful.

Emerson and I hit it off immediately: I found him to be thoughtful, considerate, intelligent and worldly (I imagine he found me to be immature). Initially, we had a marriage of convenience — we both had something each other needed. I was able to answer technical questions and provide less expensive, better performing options; Emerson offered access to one of the more sought-after physician groups in Kansas City. It was classic “You scratch my back, I,ll scratch yours.”

But Emerson was far more interested in me, and my development as a professional, than I could have ever dreamt at the time. He taught me how to organize and lead a Committee meeting (stay calm). No multiple-page handouts: one-pagers, no more! “If you can’t get it on one page, you don’t know it.” He reminded me that my vision didn’t always matter. I remember explaining in painstaking detail how we would come on-site to his firm to conduct wonderful workshops for his employees. He gently reminded me, “Geoff, that’s great, but just so you know, even if the Pope rolls through town, we don’t stop seeing patients.” And ultimately, “You will know you have succeeded when they know your name.”

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Turns out Emerson and my partner Jim Mullinix had met at church 30 years prior. And when they re-connected in 2005, Emerson shared with Jim his vision for the next chapter of his career. You see, he did not believe that retirement meant an easy chair and daily golf, but additionally he was driven to help regular folks make better financial decisions. This meant revolutionary notions like living within your means, spending less than you earn, saving money systematically, setting goals, giving generously and tracking your progress. He believed Triune should believe this, too.

Emerson, Mr. Principled & Disciplined, had already thought this out. He wanted to help others, with literally no regard for himself or his own personal gain. Thus, Triune’s pro-bono practice was born. As a result of Emerson’s influence, we have and will continue to serve clients without regard to their ability to pay us. Thanks to Emerson, we recognize we have no choice but do so — it’s the right thing to do. As Emerson departs, we’re committed to this important part of our company.

Emerson Hartzler, don’t be a stranger. We will miss you too much — and so we may be forced to let the air out of your bicycle tires.

If you’d like to send Emerson warm wishes on his retirement, you’re welcome to send them tothe Triune office. He’ll always be part of the Triune family.

Customer Service and Market Volatility

The recent market volatility has probably caught your attention and left you wondering, “What does Triune think about this?”

Let’s start with an analogy involving a recent family vacation. I inadvertently left my cell phone in my rental car as we returned it. We had been on the shuttle to LAX from the rental lot for less than 10 minutes when I realized it. I immediately borrowed my wife’s phone and called the rental company, hoping someone could help. After all, I had just left there and knew exactly where my phone was. I could identify the car, I knew where it was and could hopefully nip this in the bud with just a little help from the rental office.

To my frustration and dismay, I ended up getting terrible customer service. I remember thinking multiple times, “Why doesn’t anyone care as much as I do?” I knew I was the one who made the mistake, so I wasn’t blaming them. But in my efforts to correct the situation, all I wanted was to feel like someone there cared just a little bit. Getting no response from them did NOT make me feel very good.

So let’s connect the analogy to what’s going on today.

At Triune, we take the planning and management of your money very seriously. Our money, as well as that of our families, is invested in the same investments that we’ve recommended to you. We know from experience that volatility and endless media reports of how much worse it could get can leave you with lots of questions and worries about if we are doing the right thing. You simply want to know that we care as much as you do and that Triune is on top of it.

Short-term volatility is a natural part of long-term investment process. While it is no fun to wait through, it’s precisely the reason that stocks have outperformed other asset classes over long periods of time. We’ve based our approach on more than 100 years of collective experience, objective, Nobel Prize-winning academic research and experience in managing through multiple periods of volatility. So we know that, given the intentional approach we employed well before this week, reacting to the volatility is exactly the wrong thing to do.

Consider these interesting stats:

History of S&P 500* Declines 1928-2014

History of S&P 500* Declines 1928-2014

You’ve heard us quote him before, but it bears repeating. Warren Buffett said, “The market has a very efficient way of taking monies from the impatient investors and giving it to the patient ones.”

Know that we have carefully thought through your allocation in relation to your goals, objectives and time frames. While it doesn’t prevent short term declines in a portfolio, it does put the odds of long-term success in your favor.

Most importantly, we’re here to converse with you. We welcome your calls and want to talk through all the reasons why we think the path we are on together is still the best one, and still the path that is in YOUR best interest.