Faith-Based and Family-Centric Advisory Service with Candido Palomarez

Faith-based and family-centric advisory services offer a refreshing alternative in a world that often compartmentalizes faith and business. This concept goes beyond conventional financial consulting. It delves into the intersection of faith, family, and finance, recognizing that one's religious beliefs play a crucial role in shaping their perspectives, decisions, and aspirations.  In this episode, Steve talks with Candido Palomarez. Candido is a husband, father, coach, and Family CFO at Candido, Inc. He has been an advisor for 16 years and has helped families protect their nest eggs. Candido currently serves around 50 clients, focusing on serving families with strong family and faith-based values. A product of Catholic education, Candido talks about his unique approach to client relationships and how he provides financial advice from a faith-based and family-centric perspective. He also shares his discovery process for knowing the families he serves and the valuable insights he has learned from his faith-based peer group.   Key Takeaways [02:13] - Candido's role in the advisory industry. [04:35] - How Candido manages his advisory firm without a staff. [05:39] - What inspired Candido to come up with the name “Family CFO”. [08:11] - Candido's strategy for growing his business. [11:28] - How Candido provides financial advice from a family-centric perspective. [13:24] - Candido's thought process in meeting with clients. [17:48] - How Candido helps clients to get more clarity about their financial goals. [19:49] - How Candido generates profit from his business. [22:23] - What Candido does to help clients navigate turbulent markets. [25:37] - The frequency with which Candido talks to his clients. [27:55] - Candido's advice for advisors with hundreds of clients. [30:29] - How Candido handles disagreements with clients. [33:09] - How Candido spends his weekend. [35:17] - Candido's secret for getting the most enjoyment and happiness from his work.   Quotes [11:49] - "I want to be the one person people can call, who will always take the call and will always be honest with them even if they don't want to hear it, whose judgment they trust, and who's not their spouse or brother or someone inside the family." ~ Candido Palomarez [14:50] - "There aren't too many people who are willing to hold themselves out as faith-based advisors and courageous enough to ask about religion in business settings." ~ Candido Palomarez [35:37] - "As a Christian, I believe in my heart that we are called to love and to serve, whatever that means to each individual. But for me, to be able to do well for my family means doing well for other families." ~ Candido Palomarez   Links  Candido Palomarez on LinkedIn Woodbury Financial Services Candido, Inc. CMBC John Bowen Brené Brown Peter Montoya Nick Murray   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)