Client Perspective - Professionals

Asset Protection Throughout Life-Changes

Out-living my money is something always on my mind. It just so happens that it’s foremost on the minds at Brock as well.”
Carol Johnson, client for more than 25 years

SITUATION

Norm Johnson was a nationally-recognized securities lawyer and senior partner with the largest law firm in Salt Lake City, Utah (where the senior tax partner over the tax section of the firm was also a client of Brock and Associates) for a number of years and married to his wife Carol. During the Clinton administration, Norm was tapped to be a Commissioner of the United States Securities and Exchange Commission (SEC) in Washington, D.C. He served in that position for four and a half years. In 2000, the Johnson's returned to Salt Lake City and Carol subsequently moved to Saint George in 2003. Norm and Carol Johnson have been Brock and Associates clients for over 25 years. Since Norm's death in 2002, Carol has continued to rely on the financial advice of Brock.

BENEFITS

Trusted Counsel

"Brock and his team seem to keep their fingers on the pulse of the economy and how it can affect their clients," said Carol. "I have trusted their advice for more than 20 years and I trust their advice for what's happening in the future. They are always looking out for me." 

In 2007, Brock and Associates conducted a comprehensive analysis of annuity providers it traditionally used. What it discovered was that some Sun Life Financial annuities performed very poorly under certain economic conditions; conditions Brock now believed would be the case for the next several years. As a result, every Brock client that had a Sun Life Annuity was moved safely to other more stable, higher return products.

"Brock called me in to update me on the Sun Life Financial annuity problem they had uncovered." said Carol. "They were able to fix it and move my annuity dollars into a better product given current economic conditions."

RIGHT ADVICE, RIGHT TIME

"Some of the first advice Hank gave me was to pay off my credit cards. I didn't like writing out that check very much, but it made sense to get rid of the debt," said Carol. "I also didn't like thinking about a budget or the idea of living on less than I took in but Hank has been persistent."

"I'd much rather talk to Larry than Hank," joked Carol. "Hank keeps asking if I'm sticking to my budget. Larry isn't so demanding, but they're both wonderful."