The Centurion Rule | Wisdom, Wealth, and Wellness
The Centurion Rule | Wisdom, Wealth, and Wellness
Join Jonathan Satovsky as he reflects on how the principles we follow in financial advisement can lead to more meaningful outcomes. His concept of “The Centurion Rule” emphasizes that true guidance isn’t just about satisfying desires—it’s about meeting needs with wisdom, care, and the long-term well-being of clients at the forefront.
The Golden Rule.
Many people have heard of The Golden Rule: Treat others as you want to be treated.
Just yesterday I heard about The Platinum Rule: Treat others as they would like to be treated.
And it made me think of my experience at American Express. How about The Centurion Rule? So there’s a Golden Rule, Platinum Rule, and Centuron Rule: Treat others as they need to be treated.
What am I talking about? How people want to be treated isn’t always necessarily good. Someone may say, I want another drink and you don’t think it’s appropriate to serve them another drink. So, you’re like, “Look, you’re driving. Maybe it’s not a good idea.” Or they might have a gambling habit and they want to gamble. And if you treat others the way they want to be treated, you would let them gamble because that’s what they want to do.
But if you treat someone the way they need to be treated, you might be trying to protect them from themselves. Protect them from disaster. That happens as a financial advisor. Often, when people want to speculate more than that would well serve them. So, in my desire to protect someone, I might want to create guardrails, like a bowling alley, you put up guardrails to prevent gutterballs.
So, just my thought for the day. Do with it what you will. It’s just a proces of learning, growing and having fun.
The Golden Rule: Treat others as you want to be treated.
The Platinum Rule: Treat others as they want to be treated.
And I’ve invented The Centurion Rule: Treat others as they need to be treated, if you were looking at them from an objective place of love and caring.
Think about that on your path to Wisdom, Wealth, and Wellness.
Have a great day.
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Disclosures
This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see www.adviserinfo.sec.gov. Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market index information was compiled from sources that SAM believes to be reliable. No representation of guarantee is made hereby with respect of the accuracy or completeness or such data. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.
Further Reading
Jonathan Satovsky Interviews Rabbi Simon Jacobson
Always on the run
Learning something new
