Montecito Capital Management

Description

Montecito Capital Management ("MCM") is a wealth enhancement practice offering not only a history of continuity and preservation, but world-class expertise in establishing a customized, flexible financial road map for clients. Notwithstanding impeccable experience and credentials, our financial service platform is open to all: individuals, businesses or institutions in every stage of the financial life cycle.Montecito Capital Management & its principal, Kipley J. Lytel CFA, have been recognized as the Top 10% of U.S. Financial Advisors based on their competency, integrity, and various risk factors by Paladin Registry.The Registry helps investors find, evaluate, and select financial advisors. Jack Waymire, Paladin founder and author of Who’s Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor said there are two major markets for this service. One is baby boomers who suffered severe losses in their retirement accounts during recent bear markets. The other is current retirees. He says both groups have been flocking to advisors the past few years because they believe the professionals’ expertise will help them win back losses, preserve retirement assets, and produce better results in the future. What they don’t know, based on Paladin research, is that at least 75% of advisors are sales representatives who use expertise as a sales tactic to win investor assets. Waymire said, “That’s why millions of investors change advisors every year. At some point they realize they didn’t hire a real expert for their assets. This usually occurs after their results don’t match the excessive expectations that they were sold.”

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