When it comes to building wealth, time is the most valuable and most underestimated asset people have.
Yet too often, individuals tell themselves they’ll start “later,” once they have more savings, fewer expenses, or a clearer plan. Unfortunately, later can turn into years of lost growth, missed compounding, and postponed dreams.
Stephen Wilson, CFP®, has seen firsthand how waiting can impact a client’s future. Many people believe investing is only for those with large sums to spare, but in reality, small, consistent contributions made early in life can grow into significant wealth over time.
On the flip side, delaying even a few years can mean the difference between financial independence and struggling to catch up.
It goes way beyond just building a retirement fund. It’s about securing options, reducing stress, and knowing that your financial future is under control.
Whether you’re in your 20s, 30s, or 40s, the earlier you start, the more flexibility you’ll have later.
Wilson’s approach blends education, personalized planning, and a focus on aligning investments with each client’s unique goals—helping them avoid common pitfalls and embrace the long-term benefits of starting now.
Introducing today’s guest: Stephen Wilson
Stephen Wilson is a Financial Advisor and Branch Manager with Raymond James Financial Services, Inc., Member FINRA/SIPC. With more than 30 years of experience, he is known for delivering deliberate, well-measured guidance rooted in disciplined planning and analytical insight.
His philosophy is built on understanding the whole picture of a client’s financial life, not just their investments, so every decision is informed, intentional, and aligned with their personal goals.
His process is structured and thorough, beginning with an in-depth understanding of who his clients are and what they want to achieve.
He applies analytical tools to manage market risk, identify opportunities, and create balanced portfolios, while tailoring strategies to each individual’s risk tolerance, time horizon, and knowledge level. From individuals to companies and charitable organizations, Wilson provides personalized guidance and comprehensive planning that addresses every detail, helping clients move forward with clarity and confidence.
We asked Stephen to share his insights on common financial mistakes, smart strategies, and the best ways to build wealth over time. Here’s what he had to say.
Interview with Stephen Wilson
What is one of the biggest financial mistakes you see people make before they come to you?
In reviewing client investment programs, I frequently find that they do not fully understand their current program’s true costs and benefits. I help them.
What’s one simple tip you’d give to someone who wants to feel more in control of their finances?
I often suggest that prospects and clients develop a budget so that they are aware of where their money goes and how to gain better control. There are free apps available for their use.
Do you have a financial philosophy or guiding principle you follow when advising clients?
I want to make sure that clients understand their investment options. As a fiduciary, I help them make investment decisions which are not only suitable, but also in their best interest.
How do you stay up-to-date with changes in tax law, markets, or retirement strategies?
To stay knowledgeable and current, I do a lot of reading, attend webinars and use frequent AI assists.
What’s a common myth about financial planning or investing that you wish more people understood?
Many people believe that it is very expensive to have comprehensive financial planning. I do not charge for this service.
For someone in their 30s or 40s making good money, what should they be prioritizing right now?
Young people need to realize that their youth is their biggest asset. Rather than delaying serious investing, they should strive not to get bogged down with debt and embrace building wealth by taking advantage of their options.
What tools or strategies do you use to help clients minimize taxes and grow wealth over time?
The key toward building wealth simply requires that one begin a systematic investment plan and stick to it. I will make them aware of tax deferred and tax advantaged plans.
Can you share a quick success story (anonymized of course) of how planning made a difference for a client?
I have worked with a couple of public-school teachers since the early 90s. The husband passed away several years ago. His wife just turned 90. They started seriously saving and investing in their 40s. Now, their investments have grown to more than 9 million dollars! They have been giving to selected charitable organizations for many years. They have no living heirs. So, upon her death, we will make an endowment out of their estate and make selected charitable donations in perpetuity! How cool and how honored I am to have had an active part!
What do you feel sets you apart from other financial planners or advisors?
I have more than 30 years of experience and have good knowledge of virtually all products.
What inspired you to become a Certified Financial Planner?
Everyone should develop a plan and not leave their financial growth to chance. As a CFP®, I know that I can help clients develop a comprehensive financial plan and the credential is valuable.
What are the main services you provide to your clients and what are your specializations?
Primary services include initially giving them a short course on the markets and the economy, planning, portfolio construction and management.
What types of clients do you typically work with?
My clientele spans the gamut, including individuals, companies, and charitable organizations.
How do you tailor your advice to each client’s personal goals and situation?
I quiz clients thoroughly to assess their market and investment knowledge. I give them an investment 101 discussion including the nature of risk and risk mitigation. This process helps me determine their true risk tolerance and time horizon once I feel that they properly understand these topics.
Where can people learn more or connect with you if they’re interested in working with a CFP?
You can reach me by phone at 432-444-6448 or online at www.raymondjames.com/cwa.
Final Thoughts
Time is the one investment resource you can never replenish.
As Benjamin Franklin famously said, “Never leave that till tomorrow which you can do today.”
Whether you’re just starting your career or already well-established, the most powerful step you can take toward your future is to start planning and investing today.
Stephen Wilson, CFP®, has helped clients at every stage of life create strategies that grow with them, protect their assets, and bring them closer to their goals.
The earlier you begin, the greater your advantage.
Don’t let “later” be the reason you miss your best opportunities. Your future self will thank you for acting now.
________________________________________________________________________
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Community Wealth Advisors is not a registered broker/dealer and is independent of Raymond James Financial Services.
Certified Financial Planner Board of Standards Center for Financial Planning Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.