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Niranjan Shah may Leave Chair at U of I

Niranjan Shah was a newly elected chairman of the University of Illinois in 2009. After an unfortunate event involving a U of I professor being arrested at his own home during a misunderstanding when someone called the police thinking he was attempting to burglarize the home that same year, President Obama invited both the professor and the arresting officer to the White House in an effort to reconcile the situation.

The controversial arrest of the professor sparked interest in the leadership at the university, particularly regarding favoritism. Niranjan Shah was not exempt from the scrutiny. His firm has had millions of dollars in government contracts and he has been a very generous contributor to campaigns. However, there is no evidence that Niranjan Shah has ever used his contributions to secure more contracts.

Niranjan Shah did not try to cover up his contributions or use them to get an upper hand. His contributions were spread out over a period of 20 years. Furthermore, there was never any correlation between the size of his contributions and the size of his government contracts. Rather, he made contributions because he wanted to make sure that he had a chance to have the same opportunities as everyone else.

Although Niranjan Shah used his contributions with the pure intentions of promoting excellence at the University of Illinois, he said that he had used poor judgment on a few occasions. For public relations reasons along with his own personal health, it may be necessary for Niranjan Shah to resign from his chair.

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Richard Dwayne Blair Shares His Unique Strategy For Financial Planning

Like most financial planners, Richard Dwayne Blair has a strategy and it’s one that he uses for himself, as well as for his clients. While most finance professionals are reluctant to reveal their personal strategy, Mr. Blair is happy to provide insight into how he makes decisions that maximize growth and returns for his clients. That strategy involves these three pillars.

  1. The First Pillar

This is essentially a consultation between Richard and his client, which allows them to get to know one another. As a long term financial planner, Mr. Blair wants to develop a lasting relationship with each client. This helps him determine the client’s current financial state, goals for the future, resources, and the financial risks the client is either willing or capable of taking. All of this is used to help Richard develop a sound plan for realizing the client’s goals.

  1. The Second Pillar

Here, Richard Dwayne Blair enacts a plan that is customized to the client’s needs, while taking his assets and goals into account. Richard monitors the client’s investments, so full advantage can be taken, when the market is experiencing a period of maximum performance. When there’s a downward turn in the market, Mr. Blair’s strategy is designed to minimize the client’s risk and mitigate loss.

  1. The Third Pillar

Now that an investment strategy has been implemented, Richard will also consult his client on his or her immediate needs. An unexpected financial emergency can tap out savings and sabotage any investment plan, so Mr. Blair prefers to see his clients obtain insurance for those situations. By re-examining a homeowners policy, life insurance, and auto insurance, Richard can help each client better prepare for unexpected events in life.

More About Richard Dwayne Blair

Richard is the owner of Wealth Solutions, Inc., an investment firm valued at over $52 million. As a registered investment advisor, Mr. Blair has held a securities license for more than 23 years and complies with all SEC regulations. Richard began his finance career in 1993, when he went to work for United Global Securities, Inc. He has also worked with Worldwide Ventures and Crownbridge Wealth.