QUIET MILLIONAIRE
Plenty of low-profile folks are quietly growing wealthy and becoming millionaires, and Brett Wilder says anyone can do the same. As founder and CEO of Financial Management Group Inc., a wealth management firm that advises millionaires around the world — and a “quiet millionaire” himself — Wilder is familiar with the topic. His new book, The Quiet Millionaire, offers tips on how anyone can accrue wealth: It’s crucial, says the member of Cincinnati’s Bankers Club, to identify why you want to accumulate money (whether it’s to be financially independent, to give to others, etc.). “Know what drives you, so you can do what’s necessary to make sacrifices today for where you aim to be tomorrow.” First, he says, be specific about your destination — age of retirement, amount you’d like to live on. Next, plan comprehensively how to reach this goal. “You can’t accumulate and protect wealth by doing things piecemeal.” Finally, periodically monitor your progress to be sure you’re on track. “Do this at least once a year, unless your circumstances or the economy changes.” Wilder promises that by following these steps, anyone can become a millionaire. It’s never too late if you’re still accumulating. “You might have to work a little longer,” he says, “but you still have to do these three things, whether you’re 24 or 64.” — Mary Sue Lawrence

Photography by Jim Callaway.