Eric Fujimoto helped build a $610 million Honolulu private wealth practice by catering to millionaire-next-door families
Fujimoto’s clients tend to be people who have worked hard and made it—“the millionaire next door, the humble wealth person,” he says. “You gravitate toward like people.” He grew up middle class: His mother is a retired office worker, his father a retired school teacher. He left Hawaii to go to college in California, came back to Honolulu for an M.B.A., and then at age 21 started as a financial planner at a predecessor firm to Ameriprise.
A dentist client he’s known since age 12 recently referred a new client couple in their early 70s. They had an investment portfolio of $3 million, and they didn’t know if that was going to be enough. Fujimoto showed them how, with their $100,000-plus income from Social Security and pensions, no debt and full medical coverage, they had a lot to spare, given their spending needs.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Deutsche Bank reportedly planned to extend the dates of $340 million in loans to Trump Organization to avoid a potential nightmare of chasing a sitting president for cashThe Trump Organization denies the reports, while President Trump's son Eric described the story as 'complete nonsense.'
और पढो »
Bid protest for Pentagon’s cloud is put on hold after ‘new information’ emerges related to conflicts of interestIn a document filed Tuesday in the U.S. Court of Federal Claims, Judge Eric Bruggink put on hold an earlier bid protest brought by Oracle America Inc., which has sought to overturn an earlier decision to go to just one provider for the Pentagon's $10 billion cloud computing contract.
और पढो »
3G’s special sauce runs out of financial flavorThe Brazilian investment firm’s private equity-style penchant for buying companies, larding on debt and slashing costs can work to a point. But without good strategy, management and a plan for an exit, it can cause problems like those now besetting Kraft Heinz.
और पढो »
Here's How Much Financial Advisors Earn In Every U.S. StateCheck out the average financial advisor salary by state and see where they're making the most money:
और पढो »