National Media Outlets Get Perspectives from Local Wealth Management Firm

Waterstone Private Wealth Management, located in Owasso and Utica Square in Tulsa, is a private, independent investment services firm.

Waterstone Private Wealth Management, located in Owasso and Utica Square in Tulsa, is a private, independent investment services firm owned by Melanie Hasty-Grant, managing principal and founding partner, and her husband Ken Grant, partner and wealth consultant. These two professionals have been in the business for a long time, and offer securities and advisory services through LPL Financial, Member FINRA/SIPC. Ken and Melanie genuinely want to help others through Waterstone, where they provide tailored solutions to retirees, pre-retirees, business owners and executives.  

Melanie and Ken recently returned from a media tour in New York City, where they met with members of The Associated Press, Fox Business Network, Business News Network, and Minyanville.com. Their firm has been ranked in the top 4 percent nationally for the past two years, out of 14,000 independent LPL advisors. CNBC was looking for an experienced advisor with a conservative Midwest voice to shed light on national issues including the health of the U.S. economy, the labor market, inflationary pressures, the local real estate market, local employment situations and future ­inflation.

On a recent feature of “CNBC Power Lunch,” Melanie explained her reasoning for investing in the market, versus paying off a mortgage. “There are emotional benefits when it comes to paying off your home, but the truth of the matter is, if you are going to be withdrawing assets that you have had invested over the last two years in the market in order to raise capital to pay off the mortgage, it may not be the best time, as they are still devalued.”

Melanie also shared her suggestions with The Wall Street Journal Online for pre-retirees. “With the year-end coming, you may be thinking about retirement, but money isn’t the only thing to consider when you’re about to retire,” she said. “Clients and advisors need to think about the emotional issues linked to retirement. Pre-retirees need to carefully define their goals and identify their fears before they embark on retirement.”

Ken ­discussed Waterstone’s investment strategy on Fox Business.com Live, saying, “We advise our clients to take a longer term strategy of grow, preserve and protect. So as a range-bound market provides opportunities, we need to find those growth moments, and when the risk premium increases, it might be time to take some gains and protect them in the face of headwinds.”

Owasso and the entire state of Oklahoma can be proud of the representation by Melanie and Ken of Waterstone. The Washington Post, Business Week, The New York Times and Forbes have published some of their outlooks, and the two have been asked by Fox Business and CNBC to continue providing their outlooks for the next year.

Neither Melanie nor Ken has let any of this national attention go to their heads. As Melanie said, “We do what we do, and we both want to continue to be able to help others. We want to be a voice of reason as we move ahead of the poor economic conditions of the past year.”

Note: Waterstone Private Wealth Management is privately owned and clears through the nation’s largest independent broker/dealer, LPL Financial. This independent arrangement allows Waterstone to manage investments in an unbiased manner and provide advice that is in our clients’ best interest. LPL’s SIPC membership provides account protection up to $500,000 per customer, of which $100,000 may be in cash. Additionally, through Lloydes of London, LPL accounts have securities coverage of $99.5 million, subject to a $500 million aggregate firm limit. The account protection applies in the event a SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments.

Securities and advisory services offered through LPL Financial, Member FINRA/SIPC.

For more information, contact

Waterstone Private Wealth Management

9500 N. 129th E. Ave., Ste. 106
Owasso, OK 74055
1709 Utica Square, Ste. 266
Tulsa, OK 74114

(918) 272-1120

www.WaterstoneWealth.com