The information presented in this document is for general informational and educational purposes and is not specific to any individual’s personal circumstances. Nothing in this document constitutes, or shall be relied upon as, investment, legal, or tax advice to any person. The information in this document is provided effective as of the date of its publication, does not necessarily reflect the most current status or development, and is subject to revision at any time. Investing involves risk, and past performance does not necessarily predict future results. None of Waverly, or any of its officers, members, or affiliates, in any way warrant or guarantee the success of any action that anyone may take in reliance on any statements or recommendations in this document.
Waverly Advisors, LLC (“Waverly”) is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about Waverly, including investment strategies, fees and objectives can be found in Waverly’s ADV Part 2A Brochure and Form CRS (Customer Relationship Summary), available at https://waverly-advisors.com/.
You should not assume that any information provided serves as the receipt of, or as a substitute for, personalized investment advice from Waverly. This information should be used as a reference only.
Investment advisory services are offered by Waverly Advisors, LLC, an investment adviser registered with the Securities and Exchange Commission.
© 2026 Waverly Advisors, LLC. All rights reserved.
For more information, please see our other important disclosures: Disclosure – Waverly Advisors (https://waverly-advisors.com/disclosure/)
Remembering an Icon
In the first quarter of 2015, the financial world lost an icon. Dr. Thomas Stanley, the New York Times best-selling author of The Millionaire Next Door (and several other books on the behavior of wealthy Americans), died in car accident on February 28.
Dr. Stanley spent much of his career researching the behaviors of the wealthy, and what he learned in his research became the basis of a roadmap for aspiring wealth builders and financial advisors alike.
The underlying theme of Dr. Stanley’s work is that the large majority of millionaires are not who we think they are; they don’t live in fancy houses, drive exotic cars or dress in fine suits. Instead, they are generally first-generation wealth builders who live modest lifestyles and are meticulous planners. Dr. Stanley writes, “Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and most of all, self-discipline.”
So what’s the point of saving and amassing millions if you do not use it to shower yourself with gifts and nice things? Dr. Stanley’s research indicates that in fact, “Financially independent people are happier…” than those that spend their income to acquire signs of wealth rather than financial stability. What they find is that the comfort of being financially secure brings greater joy than luxury cars and extravagant travels.
Considerations for Your Future
I remember reading The Millionaire Next Door for the first time as a college sophomore. It clearly changed the way I think about personal finances, and it also had a profound impact on my career. I am thankful for the work of Dr. Thomas Stanley, and believe the greatest tribute I can offer is recommending that you too pick up a copy of his most popular book.
IMPORTANT DISCLOSURES
The information presented in this document is for general informational and educational purposes and is not specific to any individual’s personal circumstances. Nothing in this document constitutes, or shall be relied upon as, investment, legal, or tax advice to any person. The information in this document is provided effective as of the date of its publication, does not necessarily reflect the most current status or development, and is subject to revision at any time. Investing involves risk, and past performance does not necessarily predict future results. None of Waverly, or any of its officers, members, or affiliates, in any way warrant or guarantee the success of any action that anyone may take in reliance on any statements or recommendations in this document.
Waverly Advisors, LLC (“Waverly”) is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. More information about Waverly, including investment strategies, fees and objectives can be found in Waverly’s ADV Part 2A Brochure and Form CRS (Customer Relationship Summary), available at https://waverly-advisors.com/.
You should not assume that any information provided serves as the receipt of, or as a substitute for, personalized investment advice from Waverly. This information should be used as a reference only.
Investment advisory services are offered by Waverly Advisors, LLC, an investment adviser registered with the Securities and Exchange Commission.
© 2026 Waverly Advisors, LLC. All rights reserved.
For more information, please see our other important disclosures: Disclosure – Waverly Advisors (https://waverly-advisors.com/disclosure/)
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Robyn joined Waverly Advisors in October of 2022 and serves as Director of Marketing. She is responsible for the generation, coordination and implementation of all marketing related duties. Her goal is two-fold; 1. To enhance the brand of Waverly and the firm in general as a market leader, and 2. To delight Waverly clients, while supporting advisor specific needs.
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