The veteran investment advisor sat down to discuss his life, his career, and his professional philosophy.
ATLANTA, GA / ACCESSWIRE / January 13, 2022 / It is with great enthusiasm that Matthew Fassnacht, founder of the financial advisory firm Meridian Investment Partners, announces that he is the subject of a new interview. The interview, which was conducted by freelance journalist Carlyn Runnels on behalf of an online periodical that focuses on matters of business and entrepreneurship, was published on December 29, 2021.
Early on in the piece, Matthew answers a question about what inspired him to pursue a career as a financial advisor. "It actually came from a couple of friends I went to college with. They were looking for someone to help guide them on their path to achieving financial independence. I had been their tax accountant for about ten years at the time, and they entrusted me with their liquid life savings. When I did well for them, they began referring other friends to me for advice. Eventually, I gained enough clients to sustain my own business, and we founded Meridian Investment Partners."
Further along in the interview, Matthew Fassnacht is asked to give his opinion on the recent financial phenomenon of cryptocurrencies, and he does not mince his words. "Something I disagree with is that cryptocurrencies, like Bitcoin, for example, have value. Currency only has value based on the creditworthiness of the government or organization backing it. In the case of the US Dollar (USD), it is backed by the full faith and credit of the US government, which most notably includes the US military and economic taxation powers. Cryptocurrencies are more based on people's thoughts and feelings and are mostly used as a speculative trading vehicle or a way to launder illicit assets. They could be easily outlawed by the government or lose the faith of their believers which would uncover their illusionary value. Without the government's faith, to me it's just like a Ponzi scheme," he posits, before venturing an explanation for the apparent staying power of cryptocurrency. "Of course, we all know that a given Ponzi scheme might last longer than anyone could imagine, but eventually, it will go bust unless there is government involvement in supporting them."
As the interview draws to a close, Matthew dispenses some sage advice for any readers thinking of taking the plunge into entrepreneurship. "Make sure you know what your costs are. Be aware of your client base. You can't assume that things will be taken care of for you," he counsels, emphasizing the merits of diligence and perseverance. "As an entrepreneur, you have to be willing to do the work. Whether it is keeping up with the global financial landscape or learning new methods for investing, never stop learning. There are always better ways to get things done. Getting stuck in one way of doing things just because it has worked in the past won't help you to grow."
Anyone interested in reading the full text of the interview can find it located here, while anyone curious to learn more about Matthew Fassnacht or Meridian Investment Partners is encouraged to visit the firm's official website.
About Matthew Fassnacht:
Matthew Fassnacht is the founder of Meridian Investments Partners, a financial advisory firm headquartered in Atlanta, Georgia. He attended Clemson University, where he made the varsity football team as a walk-on linebacker. During his time on the team, he refocused his passions toward his academic studies in accounting and finance, with a special emphasis on investments. He graduated from Clemson with a bachelor's degree in accounting.
After attaining his Chartered Professional Accountant (CPA), Certified Financial Planner (CFP), and Chartered Financial Analyst (CFA) credentials, Matthew Fassnacht was offered numerous opportunities to work with large firms and big banks. But the difficult lessons he learned about managing wealth, combined with his own innate impulse to help people achieve financial security and independence guided his decision to start his own firm, Meridian Investment Partners.
SOURCE: Matthew Fassnacht