Thank You

Dear    ___________,

April 1, 1982.  I took the elevator up to the offices of Kidder, Peabody & Co., Inc. in the Security Pacific Bank building in downtown San Diego and started a career that has come to an end.  The Dow Jones Industrial Average opened that morning at 822.77.   The S & P 500 Index opened that morning at 111.96.

With my wife retiring after a 38-year career I have made the decision to stop managing outside money.  It was not an easy decision.  I have always enjoyed helping people.  Money was never my biggest motivator.  I always wanted to be there when needed, do my best, work hard, pay attention, work smart, be a great student, all the things I guess we all want to do at any job.   I have come to the conclusion that the only way to avoid stress at work is to not go to work.  Whether buying a ranch or traveling the world it has been always in the back of my mind; will I have the ability to respond to market turbulence for clients in case of a market melt-down? 

I have had a great run.  I am truly blessed and thankful.  Thankful that I was given the trust and responsibility to help people like you and thankful that I had the health to do the job.

Currently I have a half dozen clients in a fight with cancer.   It’s not easy and my number may be called any day.   God works in strange ways and it is not easy to understand.

My vision is clear.   I am thankful to have had so many rooting for me and inspiring me over the years.  Life is amazing.  I am healthy, and that is the largest component of my net worth. In looking back, I did it my way.  I worked hard and have no regrets.  I turn 66 this year.   It’s tougher to stay physically in good shape.   There are some things I want to do and my wife has lists that are getting longer.  I know you understand.

I look forward to talking with you soon.

With best wishes always,

Dean Thomas Parisian