Frye Happenings

Mother’s Day Rescue at Sea

May 17, 2016 | posted in: Blog, Frye Happenings | by

Policemen and Firemen face mortal danger on a regular basis, and Doctors and EMS technicians routinely save lives. Financial Planners on the other hand don’t usually save actual lives. While we may be first responders in times of financial or family crises, risking life and limb is, generally, not part of our job description. No, there is not much of an adrenaline rush in helping Americans save for their futures and in making sure they don’t run out of retirement funds, though we do get involved in our fair share of urgent client issues – many more than you might expect. Clients call me to discuss problems in their marriages. They call me when their high school kid gets kicked out of school for smoking marijuana (OK — I practice law too, but mostly Trusts and Estates). They call when family members are sick or hospitalized. They call when the sale of their business might be about to fall through, and when they find out a long term employee has embezzled from them. They call for my thoughts on how a potential Donald Trump presidency would affect their stock portfolios. They want to know whether they should buy a home or rent a home and whether they should purchase a car or lease their transportation. They call me to find the best doctors and the best restaurants. Take that Mr. 1-800-Vanguard or Fidelity!! Clients call me for just about everything. As an LPL Financial Planner and lawyer, I feel gratified that I can help improve the lives of my clients, in more varied ways than I can list here. But up until yesterday, I could not say, other than metaphorically, that I, in fact, save lives. On Mother’s Day, May 8, 2016, that narrative changed for me, permanently. Late that afternoon, on a spectacular day, I decided to take my wife, Heidi, for a ride on our paddleboards around North Lake in Hollywood, Florida. Heidi was happy to go, but had trepidation about our launch site on the Stranahan Lake off Holland Park. The problem being that in order to get to North Lake we would first have to transverse a short but somewhat turbulent section of the Intercoastal waterway between Holland Park on one side and the bars and restaurants of North Ocean Drive on the other. As we entered the rough waters of the Intercoastal on our boards, I was surprised to spot two swimmers in the middle of the waterway’s boat traffic, attempting to cross the channel. My immediate thoughts as they passed beyond my field of vision was that were probably both very strong swimmers, though severely lacking in judgment. As Heidi and I safely navigated a path close to the shoreline, a fisherman yelled out, “Look at those two idiots trying to swim across the channel!” Seconds later, another person on the shore started screaming for someone to,” Call 911! Those guys are drowning!” And then the swimmers chilling pleas, “Help, help we’re drowning” left no doubt as to the urgency of the situation we were suddenly in the midst of. I immediately performed a 180 turn on my board and headed back a hundred yards to the struggling, desperate swimmers. By the time I reached them they were completely exhausted, fighting the currents to no avail. I first dragged the weakest swimmer on to my board and then the next. Fortunately, for all of us, I had chosen that day to use a racing paddleboard that had a very thick hull and could handle a lot of extra weight. I dropped to my knees and paddled my board like a kayak, struggling to keep from tipping over. We all made it safely to shore and the dazed and relieved swimmers were delivered to terra firma. Things happened so quickly that I never got the swimmers names and they didn’t get mine. They thanked me profusely, as did the swelling crowds along the shoreline. Now I am left with so many questions swirling around in my head. Were the two men drunk and showing off to their friends? Did they learn a lesson? Will these two “20 somethings” lead productive lives? I will never know the answers to these questions. What I do know is that in what seemed like seconds, two lives were saved, and just as quickly, Heidi and I were off paddling the more gentle waters of North Lake. Yes my friends, financial advisors do help improve the lives of their clients, and maybe, once in a lifetime, they actually save a couple of lives!

3 Reasons You Should Follow Us on Twitter

December 29, 2015 | posted in: Blog, Frye Happenings | by

Many of you are already following us on Twitter (thanks!), but for those of you that aren't, here are 3 reasons why you should...

Frye Financial sponsors the Maculele Citizens of the Future Community Garden

September 13, 2015 | posted in: Blog, Frye Happenings | by

A food desert can be described as a geographic area where residents' access to affordable, healthy food options (especially fresh fruits and vegetables) is restricted or nonexistent due to the absence of grocery stores within convenient traveling distance.

Frye Financial Academy

May 13, 2015 | posted in: Blog, Frye Happenings | by

Last month, Austin Frye wrapped up another semester of the ‘Fundamentals of Entrepreneurship’ with the boys of the Doresh high school for young men with learning differences.

Austin Frye Named To 2014 Best Financial Advisers For Doctors List

March 6, 2015 | posted in: Blog, Frye Happenings | by

We are proud to announce that Medical Economics Magazine has selected Austin Frye once again as one of the Best Financial Advisers For Doctors in the nation. This year, he was also a featured contributor in the just released edition.

Frye Financial Name & Logo In Lights!

February 13, 2015 | posted in: Blog, Frye Happenings | by

The annual Frye Alumnight games held at the Scheck Hillel Community Day School, were a great success once again.