Our Vision and Values
To: Our Client Family
In our quest to build the best wealth management firm in Eastern Pennsylvania (or the world, for that matter), I spend a lot of time on our values, our culture, and the quality of our people because I believe that these things, and the experiences our clients have working with us, are vitally important – just like our credentials and expertise are important.
That’s why I was so pleased to see the results of our recent client survey, where the number one term used to describe us was “caring”. Number two was “knowledgeable”. It reminded me how our office manager Reta likes to say “No one cares how much you know until they know how much you care.”
So, the purpose of this letter is to share our vision for the future. We are growing! We opened a second office in Bethlehem in January 2019 and recently acquired Valley Forge Wealth Management, a firm located in Spring City, in May 2021. It is important to me that as we grow, we retain our character, values, and “feel”. Our mission is to help you achieve satisfaction, joy, and meaning for yourself and the people you care about, free from financial anxiety — to help you live your best life!
So, we continue to strive to be a friendly place where people of all backgrounds and levels of financial experience are respected, listened to, and cared for. Our office must be a safe place where you can ask anything – from the most basic financial question to the most complex – and know that you’ll get answers you can understand, in an environment of respect. We must have smart, capable advisors who are committed to your interests. These would be people with the highest levels of education – designations like the CERTIFIED FINANCIAL PLANNER™ certification, the Chartered Financial Consultant (ChFC), and the Chartered Financial Analyst (CFA). We must be accessible and responsive, and we should work together as a team, both with other advisors inside our practice and with your outside advisors (like attorneys and accountants) with a cooperative attitude.
We must be there for you – not only for the rest of your life but beyond, to ensure that your wishes – the plans you made – are carried out. So, we can’t be one person. Why? Because people go on vacation. People get sick. Sometimes, sadly, people die. By organizing our firm as a high-performance team, our firm will go on, even if one of us can’t.
So, what does all of this mean? What am I trying to say? Specifically:
We’re not going anywhere! I’m healthy and hope to work at least another 25 years (I love what I do!). Reta is committed to our firm and as we allow her the flexibility in work hours she deserves, will continue in a long-term relationship management role. Justin provides tremendous leadership and hopes to have another 35+ years ahead of him at Milestone. Leslee, our client service coordinator, is also younger than me and has a long and promising future, and Tyler, our newest financial planning associate, is doing great work for our clients and has an exciting future ahead. We welcome our new team members from Valley Forge Wealth Management. Diane is excited to continue her 17+ years of client relations. Sam looks forward to growing in his wealth advisor role and keeping client's needs a priority. We have an internal succession plan so if something happens to me, the firm will continue.
We are committed to only hiring the best and brightest – both from the standpoint of technical expertise and training, but even more important, the character of our people. I have interviewed a lot of financial advisors and am shocked by how many are more interested in themselves than in the people they care for. Those people will not work here.
We are committed to having convenient locations to make it easier for our clients to meet with us, that is why we now have offices in Bethlehem and Spring City. We also have lots of clients outside the greater Lehigh Valley area and are investing in technology to make it easier for us to “meet” by phone while sharing and reviewing documents as though we are face-to-face.
We are selective in the clients that we choose to work with to ensure we are not rushed and we have the time to really listen and provide the highest quality of advice and service. And we only work with nice people – like you! We call it our “no schmucks for bucks” policy! It’s what ensures that when you call, we didn’t just get off the phone with someone who was not so nice who ruined our day. That policy also makes this a great place to work!
I hope you can feel my excitement. I am proud of the progress we have made over nearly two decades in business. I am filled with gratitude for the fullness of life and the relationships that I and our team are privileged to share with each of you. And I am incredibly excited about what the future holds!
Continued Success and Warmest Regards,
David S. Coult, CFP®, CLU®, ChFC®, CPFA
President and Founder