Local financial and investment planner and business owner Bill Riley of Graham's own Riley Wealth Management on the Square has written a book to help hundreds save thousands.
The Fort Worth native not only has offices in Graham, Fort Worth and Colleyville. He and his wife, Marsha, now reside in Colleyville, and they have four grown children and four grandchildren.
They are currently looking for a family home in or around Graham.
In an effort to help everyday hard-working Americans properly invest their earnings, Riley has written the book, “Forty Years of Investor Mistakes,” which was published June 2. The book is available on Amazon.com and at various book stores.
In his book, Riley offers tools to develop a lifelong income free of fear.
Riley has spent 40 years as a financial and retirement advisor, and in that time, he observed that usually institutional investors outperform individual investors while accepting less risk.
In his experience, Riley has seen his industry neglect the very people it purports to serve. He wrote this book to help everyday citizens avoid the mistakes that he often sees among people who are retired or preparing for retirement.
Riley says those mistakes can turn dreams into drudgery, as so many retirees learned so well in recent years as they watched their financial portfolios dwindle.
Riley first heard of Graham when he used to show horses as a child. Growing up on a ranch in Mansfield, he shared a love for horses and his family.
Riley never forgot Graham, and continued to show horses during cutting events for many summers until he became involved in financial planning at age 19, working for his father's investment company in Fort Worth.
After he graduated from TCU, Riley took a closer look into financial companies his father had purchased, performed financial analyses and reported back to the companies on how they could improve.
After his father died, Riley sold off some of the companies his dad purchased while keeping others.
Riley's knowledge and experience led him to work for larger companies before starting his own. Prior to co-founding Riley Wealth Management, LLC, he held management positions at Merrill Lynch, UBS, Raymond James, Paine Webber and J.C. Bradford. His degrees and designations included a master's degree in business administration, the Chartered Financial Consultant designation, the Chartered Life underwriter designation and the Wealth Management Specialist designation.
Because Riley didn't like how larger investment companies seemed to care more about the firm than the client, he decided to branch off and start his own business.
“About five years ago I said, ‘I've had it,' and started my own investment firm. We are in an acquisition of buying smaller firms, and Graham was one of them,” he said. “I've always been somewhat of an anti-big business (person) because if you're in management, you're not just a broker. You get to see a lot of things you're just not happy with.”
Riley wanted to help his clients manage their money the right way instead of helping a firm look better.
Riley will autograph books at a book signing in Graham from 4 to 7 p.m. Thursday, July 10, at the Old Post Office Museum and Art Center.
Read more in Sunday's Graham Leader.