The JDH team, from left: Jeanne Besanceney, Shannon Carlton, and Matthew Delaney.
When it comes to managing one’s finances—especially if it’s a large sum of money—there’s always the question as to what to do with it. Do you save it? Invest it? Donate to a charity? At JDH Wealth Management, your needs are taken care of through diligent and careful consideration—thanks, in part, to managing partner and wealth advisor Matthew Delaney. Founded in 2000 and located in Santa Rosa, the three-person firm specializes in retirement, tax and estate, insurance, 401k plans, business planning and charitable giving.
Delaney says his clients must have a $1 million minimum of investable assets. However, his focus is on making certain that clients don’t run out of money, which is their biggest concern. “It doesn’t matter the level of wealth that somebody has. Overspending, not having enough, retiring too early—that is a big concern. So when [you’re] looking at estate planning, making sure people are protected in the event of an unforeseen situation…those are all things that are on people’s minds when they’re coming in to meet with us, to make sure to answer that question.” Delaney adds that he also addresses different issues with clients, such as with their taxes and how to minimize them, if they’re charitable inclined or taking into account the estate tax exemption.
Delaney adds that many times clients will focus on where to invest their money instead of taking a more holistic approach, like asking the following questions: What is the ultimate goal here? Are you needing this money to live on? Are you gifting this money to your children? Is it your hope to leave it to your estate? Are you gifting it to charity? Did you just sell a business? Are you about to sell a business? “Those are all the pieces that need to be asked and then I think one of the biggest mistakes that a lot of people make is taking more risks than they need to.” Delaney says his goal for clients is to take the least amount of risks, which will benefit them in the long run.
JDH Wealth Management is no stranger to NorthBay biz magazine’s readers’ poll. This year marks the firm’s sixth time being honored for wealth management services. Delaney says he’s thrilled of the win and is honored that JDH is being recognized again. “It’s such an honor—and I really mean that. I don’t take this lightly. There are so many advisors who are in this area and in surrounding counties to have won it before and to win it again is a vote of confidence in how we work with clients.”
Adds Delaney: “My goal at the end of the day—I always tell clients—is, ‘I serve as your financial quarterback’—working with clients to make sure that they don’t have to worry about running out of money. That’s what my job is.”
Jdhwealth.com
