Nic McLeod, Wealth Preservation Specialist, Interviewed on the Influential Entrepreneurs Podcast Discussing The Importance of Controlling Risk in Wealth Preservation

Published on August 16, 2023

Nic McLeod discusses wealth preservation.

Listen to the interview on the Business Innovators Radio Network:

Nicolas (Nic) J. McLeod, Owner, and Operator of NJM Wealth Preservation Strategies, is a second-generation Wealth Preservation Specialist and trusted Fiduciary who has now helped 1000’s families across the nation who have entrusted him with their financial well-being.

Nic and his team of financial professionals customize clients’ financial strategies to minimize potential risks, protect against unforeseen events, and help ensure the long-term viability of their assets. These strategies often include diversification, tax management, risk management, and estate planning, among other tactics such as utilizing bonds and treasuries.

In order to achieve his client’s unique goals, Nic emphasizes the importance of building a strong and diverse team, relying on expertise and knowledge, “It’s not about one person’s win; it’s about the collective power of a team sharing, learning, and growing together.” NJM’s talent pool of experienced advisors is a testament to Nic’s conviction: that a diverse skill set and a wealth of experience are the cornerstones of unmatched capability.

From record-high interest rates and the national debt ceiling to the ripple effect of this year’s bank collapses and recession threats, to help ensure his clients’ success, Nic McLeod stresses the significance of researching and understanding the implications of the economy – and what clients can do to help prepare themselves (and their wealth) for whatever the future brings. He urges listeners to exercise prudence and conservatism, as they anticipate an inevitable financial storm.

He explains that due to the recent volatile economy, wealth preservation has never been more important, “One of the biggest risks of market fluctuations is that they can have a significant impact on your retirement savings. If the stock market experiences a downturn and your investments lose value, your retirement savings could be significantly impacted.”

McLeod asserts that setting interest rates too high can lead to potential further significant failures for banks, as the value of the paper they purchased in the past diminishes in a higher interest rate environment. This highlights the importance of the direct relationship between interest rates and investment value. Listeners are encouraged to protect their wealth during market fluctuations through risk management, diversifying portfolios, maintaining a cash reserve, and working with an experienced Wealth Preservation Specialist.

By combining personal research and entrusting NJM’s knowledge & expertise in wealth preservation, retirees and those approaching retirement can make more informed decisions to help protect their investments in the face of potential financial challenges.

Nic concluded: “We at NJM Wealth Preservation Strategies have spent nearly 20 years listening, learning, and crafting a team of experienced, talented, and trusted individuals. This has allowed us to focus on our client’s goals, concerns, red flags, and comprehensive planning. Receiving our clients’ lifetime of hard work that has manifested as their retirement dollars is not something we take lightly! In this uncertain economic environment, we aim to bridge the gap between the Accumulation and Distribution phase planning through decades of experience and careful attention to detail. This in turn allows our clients to build their ideal portfolio, control their tax liabilities and provide peace and comfort long term.  We simply take over where most firms lack the knowledge to begin, allowing our clients’ portfolios to last as long as they do and secure their legacy as well as the future generations with confidence.”

About Nic McLeod

Nicolas (Nic) J. McLeod is a man of determination and grit.  No matter if he’s spending time with his wife and kids, creating music or helping the many families he now calls “friends” find the best ways for them to preserve their wealth and build their retirement savings—he brings a high level of intensity and passion to whatever he’s doing in any given moment.

Nic is a second-generation Wealth Preservation specialist. He grew up watching his dad help families in the community with their financial needs. It impacted him at an early age, and it has now been over forty years since his father first started his practice in 1982. In 2005, Nic decided to launch his own firm. He now has 1000’s of families spread across the nation who have entrusted him with their financial wellbeing. Nic’s client base is diverse in both their professional backgrounds & financial needs. No matter who he is working with, his number one job is to protect and preserve their wealth and retirement savings.

Nic proudly owns a record free of any consumer complaints. This is a direct result of the core values at McLeod Consulting Group. As Nic says, “As fiduciaries, our job is to foster a relationship of trust, both legally and ethically. This is what drives us, so our client’s best interests are always first. But we take it to the next level and make sure that all of the work we do is transparent to both our clients and the financial companies we work with. Many of our clients have become like family, and we could not be more thankful for them.”

We look forward to inviting you to experience how our team can help you successfully navigate the years leading up to your retirement as well as continue to prosper financially, emotionally, and spiritually throughout your retirement years.

Nic’s relationship with God and his family are at his core. “My daily goal is to be a humble servant. This is what gives me my moral compass and keeps it all together.” Nic’s cherished soulmate is his lovely wife Shayda. Theirs is a true love story, and they bring the same core values to their marriage that they do to all their work.  Nic and Shayda have two young and wonderful children who are very active in their school and in sports—following in their parent’s footsteps. While the couple spends weekdays working hard to ensure their clients remain financially secure, weekends are packed with sporting events and other family activities.

“Giving my all can make me vulnerable but my team & I care deeply about our clients,”  Nic says adamantly.

“It goes far beyond just ‘being about the money.’  Money isn’t what makes the world go ‘round. It’s our relationships and our health along with how we are able to spend our time, and I find when you give everything you got, that vulnerability can leave you exposed—to the good, the bad, and the ugly. But I’ll take it all if it means that together we create success for you.”

Nic can add “gifted athlete” and “seasoned musician,” to his list of accomplishments. He was a highly touted D1 football prospect, but his aspirations were cut short due to a severe foot injury. He was determined to continue being part of the sport’s world becoming a top bodybuilder, consulting for the University of Arkansas strength coaches, but his passion is helping troubled adolescents and underprivileged youth in his community.  As a musician, he has successfully recorded LPs, enjoying quick success on local and national radio as well as sold-out shows in the largest and most well-known regional venues.  He studied at the prestigious Musicians Institute in Los Angeles, majoring in Lead Guitar Theory and single-string improv. Music continues to be a major component in his life, as he plays and composes music for his family and personal enjoyment.

Nic’s commitment to making people better and more able at whatever they choose permeates all his work—from volunteering with his community to helping individuals and families secure and preserve their wealth

Learn More:

Investment Advisory Services offered by James Jurica CFP® CLU® CHFC® RICP® through Wealth Watch Advisors, an SEC Registered Investment Advisor. Wealth Watch Advisors has no affiliation with the website represented. Wealth Watch Advisors is not responsible for their views and opinions and makes no representations or warranties about the accuracy, reliability, completeness, or timeliness of the content, and does not recommend or endorse any specific information herein. NJM Wealth Preservation Strategies is not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed as written or recorded are subject to change at any time without notice and are not intended to be used as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.
This information is designed to provide general information on the subjects covered. Pursuant to IRS Circular 230, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that NJM Wealth Preservation Strategies and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney for any legal or tax advice.

Company Name: Marketing Huddle, LLC
Contact Person: Mike Saunders, MBA
Phone: 7202323112
Country: United States