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Jim's Story

Why I Focus on the Client

James G. Taylor, MBA PhD

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"Jack"

Do you worry about having enough money for a comfortable retirement for yourself or your organization?

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Imagine your self as a retiree "Jack" who recently retired after spending 45 years working in a union manufacturing plant building a comfortable retirement fund for yourself. Unfortunately, Jack's retirement fund was decimated by bad investments. You probably know someone like Jack. An Uncle or family friend who you consider a hard working American.

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The investment advisors of Jack's company invested a majority of the funds in risky Junk Bond securities with a now defunct Wall Street Firm that declined and went bankrupt along with much of the junk bond market.

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Imagine how it would feel to have worked your entire life, only to have an investment manager risk your retirement savings and lose a majority of your money.  Jack's retirement checks were cut by more than 65%. Some money was recovered in lawsuits 10 years later, but by then, Jack's prime retirement years were over, and he was reduced to living mostly on social security checks.

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This story of "Jack" is true. 

Jack was my Grandfather.

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Jack was my hero. He volunteered for the Army Air Corps in WWII and served in China-Burma-India.  He came home and lived an honorable life raising three children and worked his life in a Pennsylvania factory building that union pension retirement.

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Until the Wall Street Greed kicked in.

Even in 2007-2008 many Americans very close to retirement were not prepared for the financial crisis and were not left with enough money to retire or lost a large portion of their retirement due to Wall Street Greed.

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This happens all the time in the financial services industry where brokers, investment bankers, and Wall Street puts their own interests ahead of yours. 

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Not much has changed. Who is watching your money?

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"When I started in the investment management business 25 years ago, I promised myself that I would never take those kind of risks with my clients funds."

 

One of my proudest days was when a group of local Firemen and Policemen held a picnic in honor of our investment team to thank us for significantly growing and diversifying the Firemen & Policemen pension fund so they could retire more comfortably with dignity.

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What if there was a way to make sure that your retirement is well-diversified, the risk managed, and when getting close to retirement, had products or solutions to prevent large downside losses in portfolios?

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At Oakford Park Capital, that is what we do.

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Investment diversification, Risk Management, Retirement Planning, and Portfolio Management for Institutions, Non Profits, Corporations and Individuals. 

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the team
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