Richard Blair’s three pillar financial plan

When Richard Blair founded Wealth solutions in 1994, his main aim was to provide people with personalized financial solutions. Blair was born into a family of teachers and ended up marrying one. He saw and experienced first-hand how education helped people grow and improve their confidence. This is the same approach he uses when offering financial advice.

Richard Blair believes that for any venture to succeed, a plan is needed. He offers his clients financial education necessary to help them come up with working plans. He uses a three pillar method to come up with personalized plans for his clients.

The road map

In this first stage, Blair looks at the client’s financial situation. He then helps the client identify their goals, opportunities, risks and tolerance. During this stage, he offers them financial education that helps them analyse their situation. After doing the analysis, Blair comes up with a road map suitable for them to achieve their goals.

The investment strategy

After helping the client analyse their financial situation and come up with a plan, Blair helps them invest. He assesses the client’s liquidity needs and asset portfolio then helps them reallocate the assists. During this process, he offers them information that will help guide them to make the right investments. This helps cushion them in times of adversity.

Implementation and monitoring

Having developed a road map and investment plan suitable for the client’s situation, Blair works on the best way to implement the plans. This is where the education he invests in his clients pays off. Since the client is aware of the risks and benefit of each action, it takes little persuasion for them to implement the plan Blair came up with. He monitors the client’s performance by comparing his or her financial goals against the mile stones achieved.

What sets Richard Blair apart from his competitors is the interest he takes in each client’s financial situation. It enables him to come up with a plan that works for them. because of this, he has been able to help several clients achieve their financial goals.

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The Revolution of PPPs in Early Childhood Education

One of Rio de Janeiro’s objectives under the management of Mayor Marcelo Crivella is to create 20,000 new places in daycare centers as well as 40,000 new places in pre-schools by 2020. For this to happen, a Public Private Partnership is encouraged. This partnership will commit to carrying out construction, maintenance upon completion and non-pedagogical services of educational equipment. Felipe Montoro Jens, the specialist in Infrastructure Projects highlighted that they are still in the feasibility studies phase of the partnership.

The plan is to carry out this objective through a PPP where the private partner has full responsibility for construction and administrative maintenance EDIs (Infant Education Units) while City Hall is responsible for the school lunch and the pedagogical part.

The entity that is responsible for providing project modelling consultation services is the IFC- International Finance Corporation. Felipe Montoro Jens explained that the IFC is the largest private sector development institution in the developing world. It aims to apply its financial resources, innovative thinking and expertise to help its partners overcome their financial, political and operational challenges.

The IFC also has the responsibility of providing consultation services analyzing the feasibility of the eventuality of Public Lighting PPP in the capital, Rio de Janeiro. Felipe highlighted that the contract with the institution is R $ 2.1 million.

Law 11,079 of December 2004 created the modality of public contracting. It was then that the general rules for the bidding and contracting of PPPs was established. Now that a possibility of partnership with the private sector has come up, it creates an excellent alternative for the government to fill up the scarce resources when providing public services. This contracting model is based on a contract signed between entities of the public administration and private companies who are responsible for development, construction and operation of public services and goods.

Find out more about Felipe Montoro Jens: