Derek G. Spencer

Financial Advisor

Derek Spencer is a third generation Financial Advisor who takes a holistic approach to finances that is based on an Economic Model planning process. This form of planning focuses on identifying clients short- and long-term goals, increasing savings through budgeting assistance, and developing strategies to maximize their wealth building potential while protecting assets from eroding factors of wealth.  

As part of his overall planning process, Mr. Spencer uses an electronic wealth organizational platform tool called The Living Balance Sheet ®. This platform provides a wide-angle view of your financial world and enables him to stress test your current financial approach.  As the name implies, this system creates a financial balance sheet with updated information on client assets, liabilities, and cash flow. The advantage of using LBS in the planning process is the ability to design customized plans based on a client’s current financial condition.
 

Education

College of the Holy Cross Worcester, MA
Economics-Accounting Degree Graduated May 2007

Mission

 To support clients in building a financial plan that will succeed regardless of the many financial conditions they experience. This includes an understanding of what someone would like to accomplish financially, then developing strategies that support those goals and reduce the risks of wealth eroding factors such as stock market fluctuation, income and estate tax, periods of unemployment, inflation, lawsuits, disabilities, and premature death. I want clients to have the economic confidence that they can achieve their goals with more certainty, and without the typical fear and worry that most people currently have.

Contact

Phone: 908-709-0020 ext. 175