Our Commitment to Value

If you’re like most of our clients prior to joining us at Maendel Wealth, you may be talking with other providers in your search to find the best financial strategies. You’ll probably find a range of options, and one of your greatest challenges may be in trying to find the best fit for you and your family in a process that can often seem like comparing apples with oranges. Unfortunately, the lemons may be hard to spot until it’s too late!

We deeply understand the need for you to have cost-effective strategies. Our mission involves searching doggedly for value in every service, tool, provider, and application we use. We often help our clients with their cost-benefit analysis as we work through the different options that could be used to pursue various outcomes. We know you need to get good value, and this includes paying a fair price for the level of quality of the advice, products and services you are buying. But to be a cost-effective, it must work!

It’s that simple … you need a strategy that works for you and improves the way you invest, your quality of life, and financial independence. It needs to be an asset for your family, endowment, firm or organization. You don’t want to waste your money. If a component doesn’t work or isn’t used, then it’s a waste—no matter how much or how little it may have cost.

Some time ago, we came across the Law of Business by John Ruskin. Written over a century ago, it still holds true today and it is the best summation of our own notions of value we’ve ever come across:

“There is hardly anything in the world that someone cannot make a little worse and sell a little cheaper, and the people who consider price alone are that person’s lawful prey.

It is unwise to pay too much, but it is also unwise to pay too little.

When you pay too much, you lose a little money, that is all.

When you pay too little, you sometimes lose everything because the thing you bought is incapable of doing the thing you bought it to do.

The common law of business balance prohibits paying a little and getting a lot …

It can’t be done.

If you deal with the lowest bidder it is well to add something for the risk you run.

And if you do that you will have enough to pay for something better.”

 -John Ruskin, 1819 – 1900