The Bluestone Heirarchyof Wealth and Well-Being

We believe the pursuit of Wealth and Well-being are two interrelated and interdependent ambitions. 

Building wealth just to pile up riches can often be a shallow experience that in time undermines the process of securing wealth.  And, the personal characteristics required for successfully securing wealth are the very characteristics of well-being.

Imagine a virtuous circle where well-being fosters wealth and wealth contributes to well-being.

Together with our clients we pursue The Bluestone Wealth and Well-being Hierarchy, a methodical approach to securing wealth and enjoying well-being.

The Hierarchy

History

Abraham Maslow, in the 1940s and 50s, developed a needs hierarchy that neatly laid out the needs and aspirations that lead to a fulfilling life.  His research confirmed that we naturally build, step by step, to higher levels of life satisfaction, ultimately resulting in self-actualization.

In 2015 global business consulting firm, Bain & Company, modified Maslow’s hierarchy for commercial application and developed “The Elements of Value” pyramid.  Bain’s hierarchy listed the 30 elements of value, in ascending order, that consumers are seeking in their shopping experience.

Fidelity Investments, working with Bain & Company, took the exercise one step further and built “The New Advice Value Stack”, a Maslow/Bain-like hierarchy for financial advisors to guide them in creating a more valuable and satisfying experience for their clients.

With these three hierarchies (Maslow, Bain and Fidelity) as our guide we at Bluestone Financial created our own Bluestone Hierarchy of Wealth and Well-being, uniquely crafted to work with our clients and assist them in their quest to secure wealth and enjoy well-being.

Let’s connect. We’re happy to hear from you.