5/22/2023- Scott R. Schatzle was interviewed by FeeOnlyNetwork.com

What makes you or your firm particularly qualified to serve retirees, those near retirement, and surviving spouses?
At Mutual Trust Advisory Group, we understand that retirement planning requires a unique set of skills and expertise. What sets us apart is our specialized focus on serving retirees, those near retirement, and surviving spouses. We have spent years honing our knowledge and understanding of the financial complexities and challenges that individuals and couples face during this pivotal life stage.
Our team is comprised of highly qualified financial planners who possess the necessary credentials and experience to navigate the intricacies of retirement planning. We stay updated on the latest industry trends, tax laws, and investment strategies that are specifically tailored to help our clients maximize their retirement income, preserve wealth, and achieve financial peace of mind.
We take a holistic approach to financial planning, considering factors such as income planning, tax optimization, healthcare costs, estate planning, and risk management. By addressing these critical areas comprehensively, we strive to provide our clients with a secure and fulfilling retirement lifestyle.

How do you hope the industry will evolve, and how are you contributing towards that change?
In an ever-changing financial landscape, we envision an industry that prioritizes transparency, fiduciary responsibility, and personalized guidance. At Mutual Trust Advisory Group, we are committed to driving this change by upholding the highest ethical standards and always putting our clients' best interests first.
We believe that financial planning for retirees should be accessible to all, regardless of wealth or background. To promote inclusivity, we offer fee-only services, ensuring that our clients receive unbiased advice and recommendations. Our transparent fee structure means that our clients know exactly what they are paying for, fostering trust and accountability.
Additionally, we embrace technology to enhance the client experience. By leveraging innovative tools and digital platforms, we strive to provide our clients with a seamless and interactive financial planning process. We continuously invest in advanced analytics and research capabilities to stay ahead of market trends and identify new opportunities for our clients.
Our goal is to empower retirees to take control of their financial future, guiding them toward long-term success while adapting to the evolving needs of our clients and the industry.

What do you think is the biggest mistake people make with their money?
In our experience, the biggest mistake people make with their money is failing to establish a clear financial plan and sticking to it. Without a roadmap for their financial journey, individuals often make impulsive decisions driven by short-term emotions or market fluctuations. This can lead to poor investment choices, unnecessary risks, and missed opportunities.
At Mutual Trust Advisory Group, we emphasize the importance of creating a comprehensive financial plan that aligns with our clients' goals, values, and risk tolerance. By developing a customized roadmap, we help our clients make informed decisions and stay disciplined even during uncertain times.
Additionally, a lack of financial education and understanding can contribute to poor money management. We believe in empowering our clients through education, ensuring they have the knowledge and confidence to make sound financial choices. By fostering a proactive and informed approach, we help individuals avoid common mistakes and build a solid foundation for their financial well-being.

Is there a particular book that has had a positive influence on your personal or professional life? 
Nick Murray's book, "Simple Wealth Inevitable Wealth," has had a profound impact on both my personal and professional life. Murray's timeless wisdom and insights have shaped the way I approach financial planning and reinforced the importance of a long-term perspective.
In his book, Murray reminds us that successful investing is not about timing the market or chasing short-term gains. Instead, it is about focusing on fundamental principles such as asset allocation, diversification, and disciplined investing. This resonates deeply with our philosophy at Mutual Trust Advisory Group.  We believe in the power of a patient and strategic approach to wealth accumulation and preservation.
Personally, this book has inspired me to continuously educate myself and stay updated on investment strategies that align with our clients' long-term goals. Professionally, it has shaped our firm's investment philosophy and reinforced the importance of providing our clients with a sense of calm and reassurance, even during turbulent market conditions.