Our Company
Advanced Financial Solutions has a rich history rooted in dedication and growth within the financial services industry. It all began in 1989 when Rick started his career in life insurance sales at Mutual of New York. After obtaining his securities license in 1992, Rick demonstrated his commitment to the field by purchasing his mentor Bob Jamiesons business in 1994.
In 1999, Mutual of New York underwent a significant transition, converting from a mutual insurance company to a stock company. This shift culminated in the company's acquisition by AXA Financial in 2004, where Rick continued to build his expertise until 2006.
In 2006, Rick made a pivotal move by joining Woodbury Financial, an independent broker-dealer, while also co-founding Great Lakes Financial Advisors, an independent insurance brokerage. Over the years, Woodbury Financial experienced several ownership changes, yet Rick remained steadfastly loyal to the organization. During this period Rick has continued to add to the growing organization by adding Melanie Duckett in 2013 as the Office Manager. In 2019 Rick added Andrew McCarville to the team as a junior advisor. The next addition to the team came in 2022 when Scott was added as a junior advisor.
Most recently, in 2023 the team made a name change from McCarville Financial Network to the current name, Advanced Financial Solutions. In 2024 the Advanced Financial teams' broker dealer, Woodbury Financial became OSAIC, which is now recognized as the second-largest independent broker-dealer in the world, boasting over 14,000 advisors. Throughout this journey, Rick has consistently ranked in the top 1.5% of all advisors, reflecting his dedication to excellence and client service. This history not only highlights our growth but also emphasizes our commitment to providing exceptional financial services to our clients.
Financial Planning Process: The Financial Planning Process first begins with a no cost no obligation consultation to determine your personal and professional needs and goals. After a complimentary in-depth analysis of your current situation, we provide you with appropriate strategies and assist you with the implementation of a solid and successful plan tailored specifically to your needs. We firmly believe this is just the beginning of the financial planning process and commit to having periodic reviews to make any adjustments necessary.
Insurance Protection: All solid financial plans begin with appropriate insurance protection. We focus on protecting your assets through the following types of insurances:
- Life
- Disability
- Long Term Care
* Investment Portfolio: When reviewing your investment portfolio, we seek to improve your overall bottom line performance (net of fees, charges, and taxes) compared to current holdings, while limiting risk through diversification and minimizing overlap. We will use a combination of any of the following investment vehicles:
- Retirement Plans-401k, Simple, SEP, 403b, TSA
- IRA's-Traditional, Roth, and Education
- Mutual Funds
- Variable Annuities
- Fixed Annuities
- Wrap Accounts
- 529 College Plans
- CD's
- Exchange Traded Funds (ETF’s)
Partnerships: We maintain a working partnership with various local CPA firms and attorneys which allows us to provide you with a full financial picture including tax and legal strategies.
At Advanced Financial Solutions we understand how important it is to achieve your financial goals and we look forward to helping you achieve yours!