Trajan Wealth’s newest blog post was written by Kent Phelps, CEO and Cofounder of Trajan Estate. In this post, Kent reminisces on his time spent with his father throughout his youth and how his father helped instill a sense of responsibility and entrepreneurship in his children by finding ways for them to help the business and earn money for themselves.

Kent’s father, Stephen Phelps, started his career as an attorney after graduating from law school and passing the bar exam. After three years, he decided to move on from practicing law and opted instead for the life of a business owner. He started a hardware store called Phelps Building Materials that offered ways for his children, and Kent in particular, to earn some extra money doing small jobs around the store.

After Stephen liquidated the hardware store, he invested in his passion for music by opening the Stephen E. Phelps Music Studio. This venture offered more opportunities for Kent and his siblings to work by offering piano lessons. This work provided Kent with supplemental income through high school and college.

Though the music was a passion for Stephen, unfortunately the studio was closed after 6 years. This brought Stephen back into practicing law and brought him specifically into estate planning. Just like the other businesses, this company was another way for Stephen to bring his children onboard to help with work. Kent remembers these early days of work as a gift from his father, to instill a good work ethic and to spend time together.

See the entire post about Kent’s father giving his children the gift of work on the Trajan Wealth Blog. These lessons are the types of legacies we want to pass on to our children that mean just as much, if not more, than inheritance and estates ever could.


About Trajan Wealth:
Trajan Wealth LLC formed in 2012, was founded by CEO Jeff Junior. Prior to his 20+ years in the financial services profession, Jeff Junior was a member of the United States Marine Corps. Jeff continues to serve his clients and employees with the utmost service, respect, and attention to detail. The firm has multiple locations in Arizona, Texas, and Utah. Trajan Wealth is expanding to the Atlanta area in the coming months.

By using low-cost diversified portfolios under its fiduciary standard—and working closely with both its investment advisors and estate attorneys who work within one office—the company provides long-term support for its clients’ retirement needs as well as their estate plans. This includes strategies for wealth accumulation and tax planning.

For more information on all the different services offered or to schedule a complimentary consultation, visit https://trajanwealth.com or call 1-800-838-3079.

Disclaimer:
* Advisory services offered through Trajan® Wealth L.L.C., an SEC registered investment advisor. Legal services are offered through ​Trajan® Estate, L.L.C. ​in Arizona and Utah, and independent law firms in other States.