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2017 Trusted Advisers Wealth Manager: Kenny Gott

Piatchek & Associates Inc.

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Kenny Gott has experience on both sides of the retirement savings arena.

With work in human resources and financial advising, he’s developed a consulting model and “recession reserve” approach.

“I made a conscious decision early on to carry the consulting model I learned in human resources into my wealth management career,” says Gott, the executive vice president and a financial adviser at Piatchek & Associates Inc. “This is about asking questions and letting the client talk; uncover their primary concerns, their dreams for their family’s future, and their fears; learn what they’ve tried so far and what is working for them, and what is not working; and then developing recommendations that fit their circumstances.”

Before joining Piatchek & Associates, Gott worked as an HR director for Verizon Business and Expedia Inc./Hotels.com. He has maintained his professional certification through continuing education, and he’s able to provide employee relations and policy guidance.

“I’ve found great satisfaction in applying this consulting model in an industry where I believe consumers are hungry for it,” he says. “So, my clients trust me because I’ve earned it.”

Gott’s “recession reserve” approach is a way to help clients understand the typical stock market cycles and how to protect an appropriate minimum amount of assets. In a 2016 guest column for Springfield Business Journal, he suggests investors “assume the next recession starts tomorrow” and to expect recessions to last six to 18 months.

“The recession reserve strategy may help you worry less about market dips and allow you to participate more in the growth potential of the capital markets if you wish – instead of allocating your portfolio based merely on your age or on a negative emotional reaction to inevitable market swings,” Gott writes.

It’s been a successful method for many of his clients. One client, he says, believed she was saving as much as she could for retirement, but after applying his “recession reserve” approach, she came closer to meeting goals, while worrying less about her long-term financial outlook.

Foremost, though, is being honest to his clients – “no subterfuge, no manipulation,” he says.

“I believe my income will take care of itself, if I take care of my clients. And it does, because I bring knowledge, skills and abilities that my clients really need, and that I can provide,” Gott says.

Gott has participated in several industry organizations, including the Financial Planning Association, Society for Human Resource Management, and the Springfield Area Human Resources Association as a past board member and chairman of its governmental affairs committee.

Locally, Gott has volunteered for Ozarks Literary Council as past president and current board member. He also volunteers for Ozarks Food Harvest and Habitat for Humanity.

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