Wednesday, September 23, 2020

Special Publications

How a Family Legacy of Invention Created a Financial Advisor

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Early on, Bill Haydon discovered some people are born with a natural ability to create or innovate. His father, the successful inventor A.W. Haydon, was certainly one of them. Bill also learned, due to the unexpected passing of his father, that these same people (and their families) can benefit greatly from help in protecting and preserving the fruits of their labor. Bill now applies this lesson to the help he gives his clients with the Wells Fargo Advisors Financial Network.

For half a century, American inventor A.W. Haydon used his talents to invent more than 70 machines and devices. He held patents on a variety of alarm clocks, counting devices, and motors, including the Sweep Second hand motion used in "non-ticking" clocks and watches, and other electronic devices that control things like hospital beds and radio communication towers. His last patent, awarded to A.W.'s wife Jean after his death, was for a Magnetic Power Switch found in many households today.

A.W. Haydon passed unexpectedly when Bill was 14, requiring his mother to step in and manage the family's financial and business matters.

"My dad handled all this and it was new for my mother," says Haydon. "And this set me on a course to develop the abilities to guide her in preserving the financial legacy my father had created while planning a lifetime income for my mother. What's more, my father's sudden passing impressed upon me the importance of preparation."

The concepts Bill operates by today were honed from advising his mother on managing the family wealth: protecting assets, seeking reasonable returns for life goals such as income, and in keeping the needs of his clients front and center.

"As with my father, whose inventiveness generated financial success, my clients are the heroes of their financial stories and I am only the guide," says Haydon.

After earning a B.S. in business from Skidmore College and an MBA from the Amherst Isenberg School of Management at the University of Massachusetts, Bill became a financial advisor to manage family money for affluent individuals. He has provided financial services for clients for more than 20 years.

His track record of success is the direct result of an investment strategy that looks beyond broad capital market assumptions and digs further, evaluating the implications of potential deviations—both positive and negative—associated with these assumptions. As such, he builds in factors of
reliability and control to provide protection while capitalizing on opportunities.

"It is critical to combine investment planning with risk management in a unified process," says Haydon. "As a financial advisor, I strive to provide an unequaled standard of excellence with personalized, value-added services to my clients, helping them make educated, intelligent financial decisions."

His hobbies include skiing, sailing, and spending time with his family.

This advice and photograph were provided by Bill Haydon, Senior Financial Advisor at Wells Fargo Advisors Financial Network, located at 149 Durham Road, Suite 30, in Madison. Hayden was recently named one of the 2019 Forbes Best in State Wealth Advisors. For more information, call him at
203-779-5111 or email bill.haydon@wfafinet.com.

This is a paid advertorial. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company.

 


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