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Minding Your Business

Minding Your Business
Articles for Entrepreneurs & Those Who Serve Them

Sudden Wealth: What Should You Do If You Strike It Rich?

A big financial windfall can mean great things! However, it can also come with challenges and problems that can derail your life if you are not prepared to handle them.

With sudden wealth, everything about being rich – the good and the bad – happens all at once. In contrast, most people who build wealth slowly are able to address issues and concerns incrementally over time.

Check out the brief article for how you, or someone you care about, can prepare to deal with sudden wealth effectively – potentially realizing amazing opportunities while avoiding the many pitfalls of “striking it rich.”


To set up a meeting to discuss how we can bolster your entrepreneurial spirit and protect your family, contact:

Andrew R. Connors, CFP®, CEPA
Business Owner Leader
Partner, Fairport LLC

(216) 431-2754

Fairport Wealth is passionate about helping entrepreneurs”mind their business” while fostering their family’s wealth.

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Fairport is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.

This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.

All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.

This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.