Amidst Recession, Americans Continue to Experience Sudden Wealth

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In spite of modest economic growth, stock market turmoil and an ever looming recession, Americans across the country are continually experiencing sudden wealth. While the Federal Reserve Board’s September 7 report notes mixed growth and weaker expansion, the fact remains that sudden financial windfalls continue to occur in the form of inheritance, business sales, retirement, lottery winnings and divorce. In response to this trend, wealth advisors David Rust and Shane Moore are launching a niche practice to serve sudden wealth recipients and have written the book, Sudden Wealth… It Happens.

Sudden Wealth...It Happens

“While most think of sudden wealth strictly in the form of a lottery jackpot winning, it actually happens more commonly in everyday life events for thousands of Americans every year,” says Rust.

In spite of modest economic growth, stock market turmoil and an ever looming recession, Americans across the country are continually experiencing sudden wealth. While the Federal Reserve Board’s September 7 report notes mixed growth and weaker expansion, the fact remains that sudden financial windfalls continue to occur in the form of inheritance, business sales, retirement, lottery winnings and divorce. In response to this trend, wealth advisors David Rust and Shane Moore are launching a niche practice to serve sudden wealth recipients and have written the book, Sudden Wealth… It Happens.

“While most think of sudden wealth strictly in the form of a lottery jackpot winning, it actually happens more commonly in everyday life events for thousands of Americans every year,” says Rust.

Sudden wealth sounds appealing to most, but it often presents a unique set of challenges, which Rust and Moore help navigate in practice and through guidance in the book. “Sudden wealth is oftentimes the result of a traumatic or life changing event,” says Moore. “In these situations, the recipient of the wealth is now handling a substantial sum of money for the first time in their life while also struggling with deep emotional or psychological pain.” Rust and Moore take a holistic approach to address the myriad needs of a sudden wealth recipient. They offer advice not only within their specific areas of expertise, but also coordinate and collaborate with specialist like attorney, psychologists, and CPAs on behalf of their client.

“We hope this book inspires every financial advisor to do more for his clients and every investor to ask for more from their financial advisors,” says Rust.

Deftly weaving experience and storytelling, Rust and Moore create a unique financial guide that resonates more thoroughly and completely than typical DIY wealth formats. Informative and insightful, Sudden Wealth… It Happens is a great resource for anyone who experiences a sudden financial windfall. David Rust and Shane Moore are co-founders and Managing Partners of Quartz Financial, a comprehensive wealth management firm specializing in sudden wealth cases. For more information about Quartz Financial, visit http://www.quartzfinancial.com. For more information on Sudden Wealth… It Happens, please go to http://www.suddenwealthhappens.com.

Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA (http://www.finra.org) and SIPC (http://www.sipc.org).

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