Steve Shaw had been in the financial planning field for nearly a decade before joining Baystate Financial as an advisor in March of 2019. Baystate Financial, headquartered in Boston, MA, has been an esteemed provider of a variety of financial products and services since 1901. With 17 locations and 600 employees throughout New England, the company has become a well-known and trusted resource, helping its clients gain clarity, leverage, and financial independence through business and estate planning, retirement planning, and a variety of investment products.
Steve works from Baystate’s Wakefield, Massachusetts, office, where he assists clients with matters such as retirement planning, estate strategies, employee benefit and retention services, business continuation strategies, and trust services. Working with his capable team, Steve offers a balanced approach to achieving financial security, assuring that his clients’ intentions have been understood and addressed. He is especially attentive to keeping up with changes in both the laws and his clients’ lives, because, as he says, “With any change that might negatively impact my clients, whether it be increased taxes or something that would put their estate in a less favorable position, I make sure that we’re adapting our strategy to overcome any challenges.”
Steve takes a highly personal and detailed approach to client consultations and always begins with an in-depth discussion about goals. “We go over the current financial landscape, the client’s objectives, and possible strategies. Once I have a comprehensive understanding of the entire situation, I put together a plan and then introduce the options and tools available to achieve that plan, all the while ensuring that everything is understood, and that the client feels confident and comfortable. I’m not just selling a product, after all. I’m constructing a plan for the accumulation of wealth while doing my best to protect against the unforeseen changes in life, such as an untimely death or loss of income,” Steve says. “For example,” he continues, “one such unforeseen change, which affected just about everyone, was the onset of the COVID-19 pandemic, which, among other things, caused very dramatic fluctuations in income. This is a stressful time for many of my clients, so I have to make sure they are secure in the fact that I’m always working on and evolving their financial plans to combat unexpected challenges.”
All of Steve’s efforts, however, result in much-valued intrinsic rewards. Seeing his clients obtain or even surpass their financial goals, witnessing them retire or buy a home, send their children to college, or get out of debt is Steve’s ultimate prize, and this dedication has led to an enviable roster of loyal, long-term clients. In addition, he has attained the credentials that enable him to serve a wide demographic. He holds Series 6 and Series 63 licenses, is registered to sell securities and to offer financial planning services FL, KS, MA, ME, NH, RI, and VA through MML Investors Services, LLC (member SIPC), and is licensed to sell insurance in FL, IA, MA, ME, NH, RI and VA. In short, Steve has established himself as an indispensable resource for clients everywhere who want to build or preserve wealth.
Registered representatives and investment adviser’s representative of MML Investors Services, LLC. (MMLIS) Member SIPC. Supervisory office located at 200 Clarendon Street, 19th & 25th Floors, Boston, MA 02116. 617-585-4500. CRN202303-279339
Financial Advisor — Baystate Financial