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Why is OWLFI structured the way it is?
April 27, 2022 at 5:00 AM
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n the traditional financial space, professionals such as attorneys, CPAs, financial advisors, and insurance agents operate in silos. Each profession focuses on its specific area of expertise, and while they may work together, there is often a disconnect between the various professionals. This disconnect can lead to competition between professionals, which can ultimately harm their clients.

At OWLFI, a financial planning firm, the founders saw this issue and decided to create a different approach. Rather than having each professional operate in their own silo, OWLFI brings them all together under one roof, working as a team to provide a more comprehensive and strategic plan for their clients.

By having all professionals working together on the entire planning process, the team at OWLFI can better understand the intricacies of the deployed strategies. This collaboration results in a more robust, strategic plan that can better deal with market fluctuations, longevity risks, inflation risks, and the general state of uncertainty and unknown that people face when heading into retirement.

The usual referral agreement between professionals often falls short of this level of collaboration. While it may result in some coordination between different professionals, it does not provide the same level of integration as OWLFI's approach. This integration allows for a more holistic approach to financial planning, which can lead to better outcomes for clients.

One significant benefit of this approach is that clients can be confident that their entire financial team is on the same page. There are no conflicting strategies or recommendations from different professionals, as they all work together towards a shared goal. Additionally, having all professionals in one place can save clients time and effort, as they don't have to coordinate with multiple different professionals separately.

Overall, the approach taken by OWLFI is a testament to the value of collaboration in financial planning. By breaking down silos and bringing professionals together, clients can receive a more comprehensive and strategic plan that is better prepared to deal with the complexities of the financial world.