How Favor Wealth Will Benefit You

How Favor Wealth Will Benefit You

May 27, 2022

You know that managing your money, both for today and for the future, is a task of utmost importance. But actually casting a vision for your finances and then crossing the t’s and dotting the i’s to implement a plan for your success is easier said than done. 

That’s why Favor Wealth exists—to come alongside you, partnering with you in an undeniably crucial aspect of your life so you can experience financial freedom and life abundance. Here are just a few ways we strive to add value to your life. 

1. An Abundance of Time

Let’s be honest—financial management is time-consuming. Whether it’s monitoring accounts, tracking down details, or simply trying to make sense of a world that seems to speak a different language, it simply requires too much time when you already live a busy life. And when something is frustrating or time-consuming, it often gets pushed down the to-do list. 

You shouldn’t have to spend your precious time on your finances, and neither should you suffer the consequences of procrastination. The number-one benefit we at Favor Wealth provide is freeing up your time to do the things you can’t delegate, like raising your children or taking care of your health. You can go about your life, investing in the things that matter most to you, all while knowing that your money is being watched like a hawk and managed with care. 

2. Freedom to Pursue Family Memories

Likely one of the things you wish you could spend more time on is your family. Not only is your family what you value most, it’s also the reason you work so hard. When we help you plan for your future, that doesn’t just mean retirement. Our values-based process means that we make sure every single one of the things that matter most gets a plan as well. If that means going on a dream vacation or buying a beach house the kids can visit year after year, we’ll make sure to help you plan for more unforgettable bucket-list moments. 

3. Empowerment Through Education

Since you still want to know what’s going on with your money, we are dedicated to keeping you informed. We’ll analyze your money and your circumstances and then educate you on what you have and what you could be doing differently to pursue more growth and work toward your goals. That’s what we’re here for—we want to share in your questions, your concerns, your dreams, and your hopes. 

4. A Confident Perspective

With our navigation and plain-English explanations, you’ll not only learn more about your money through our process, but you’ll also feel confident to make decisions that are in your best interest. Having a solid plan in place, accountability, and an experienced professional who cares about you tracking your progress, you’ll feel more in control of your finances and excited about your future. 

5. Peace of Mind You Can’t Put a Price On

Do you know that feeling of dread that you’ve forgotten something important? Whether it’s forgetting to pack something for a trip or knowing you missed putting something on the calendar, it plagues you and steals your peace. Your finances shouldn’t do that. While it’s true that you can’t predict the future and there’s always a certain amount of risk involved when making a plan without knowing exactly how it will unfold, you can look to the future with peace instead of worry. Our goal is to help you sleep better and live a meaningful, fulfilling life; instead of worrying about what’s around the corner, you can focus on what you value most. 

Harness the Benefits 

You know it and I know it—your money is about more than just the balance in your bank account. It’s what you do with your money that makes all the difference in your life. Favor Wealth exists to benefit you, to do you a favor by helping you live with joy, confidence, and abundance. If you are ready to partner with a financial professional who wants to see you thrive, contact us at (626) 529-0445 or email Ricky directly at to get started.

About Ricky

Ricky Biel is founder, wealth manager and Chartered Retirement Planning Counselorâ„  professional at Favor Wealth, an independent financial advisory firm serving individuals and families near Pasadena, California. Ricky Biel founded Favor Wealth with a desire to provide unbiased, client-centered, community-based financial advice. Ricky and his team of caring, smart professionals want their clients to feel like they’ve done them a favor, making it easier than ever to accomplish their financial goals by blending proven investment methodologies with creative financial technologies. He is on a mission to help his family of clients feel both a sense of relief and excitement about their future. Favor Wealth takes care of their clients’ needs first and foremost and goes the extra mile to make their clients’ finances grow. To meet and see how the Favor Wealth team may be able to help, contact them today at (626) 529-0445 or email Ricky directly at

The commentary on this blog/website reflects the personal opinions, viewpoints and analyses of the Favor Wealth Advisors’ employees providing such comments, and should not be regarded as a description of advisory services provided by Favor Wealth Advisors or performance returns of any Favor Wealth Advisors’ Investments client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Favor Wealth Advisors manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.