Ronald Teasdale, Financial Advisor, SunTrust Investment Services, Inc.
I have 20 years of experience as an advisor and I specialize in comprehensive planning. Before I joined SunTrust, I was a financial consultant at Merrill Lynch. I’ve earned my Certified Financial Planner, Chartered Retirement Planning Counselor and Certified Retirement Counselor designations and I have an MBA from the University of Miami with a concentration in international finance. I’m a Miami native and live here now with my wife, Paige, and two children.
Why I love my job:
I love my job because I love my clients. The clients I deal with are the clients I like. I understand that every client is different and has his or her own unique set of needs and goals. It’s my job to come up with customized plans to help them retire as smoothly as possible.
If I had to use just one word, I’d describe my approach as educational. I conduct two seminars a month on financial topics, ranging from the pros and cons of a Roth IRA to the right asset allocation for someone’s needs. I also write a regular column in the local newspaper.
I want my clients to be knowledgeable about every aspect of their finances as they plan for retirement. That’s something every good advisor should want. When my clients are educated, we can come up with a plan together that may be appropriate for them. They’re more engaged and more likely to achieve their goals.
My proudest moment:
A client told me a couple of years ago that he wanted to retire early. He was 60 at the time. After thorough planning we realized that he would only receive 75 percent of his pension if he retired before age 65. I suggested that he continue working in order to maximize his pension benefits.
It was disappointing news but instead of dwelling on it, we got down to work. Among other things, I recommended that he raise his 401(k) contributions from 3 percent to 5 percent of his salary, so he could get the full match from his employer. Since then the client has turned 65 and retired with full pension benefits. He has also taken an IRA distribution equal to the extra money he socked away in his 401(k). He used it as a down payment for a fishing boat. These days we speak on a regular basis about fishing.