William Huyler is a personal financial advisor from West Chester, Pennsylvania. William’s educational background includes an undergraduate and graduate degree in finance from Penn State University. Upon completing his MBA in finance, William Huyler continued his career as a financial advisor, quickly becoming one of the most sought-after personal financial advisors in the state.
After spending years working in the financial industry, William Huyler noticed a need for one-on-one personalized financial assistance. As a result, he started his own firm in West Chester in 2011. Today, William Huyler continues to offer sound financial advice to clients throughout Pennsylvania. He works closely with his clients to ensure personalized services and solutions.
With an extensive background in investing and assessing market trends, William Huyler is able to successfully help his clients create personalized financial plans and goals. As a leading financial advisor in Pennsylvania, Huyler travels throughout the United States speaking at conferences and seminars about financial planning and investing.
When he isn’t working, William Huyler is usually spending time with his family, reading, or exercising.
Where did the idea for your career come from?
Working in the financial industry as a personal financial advisor for several years, I kept hearing my clients say that they wished they could spend more time with me — learning, asking questions, etc. While I was always able to help them create personal financial goals and set these goals in motion, many clients wanted more. When you work at a large financial firm, sadly, there just isn’t enough time to sit and discuss topics in detail with each client. So, this gave me the idea. What if I started a firm that did offer this more personalized, one-on-one option? In 2011, after taking some time to plan and organize I started my firm — Huyler Financial. It was the best decision I’ve ever made.
What does your typical day look like and how do you make it productive?
I always get up early, have a cup of coffee, and read the news. You might not know it, but current events have a lot to do with movements in the stock market. That’s why I like to get up and see what’s going on in the world — this way I can get a jump on the markets for the day. After that, I head into work, where I’ll typically have a few meetings and work with my clients to help them meet their financial goals. Getting up early helps me make the most of my day — that’s why I’m able to get so much done.
How do you bring ideas to life?
I’m a big planner. So, if I have an idea come to mind I’ll always take a couple of days, or more, to think about it. I’ll create a plan and access the idea in my head, then turn it over to paper. That’s where the idea really comes to life. Once I can see the viability of the idea on paper I can determine if it’s worth my time. After I decide to move forward with something, I get straight to it. I also have a great team behind me that helps with the details — I couldn’t do this without them!
What’s one trend that excites you?
Lately, I’ve been seeing a lot of new investing apps pop up. I find this really exciting. While I don’t think it’s a great idea to invest a ton of money on your own if you’re unfamiliar or inexperienced in investing, I do think these apps are helping to get more people interested in the idea of investing their money.
What is one habit of yours that makes you more productive as an entrepreneur?
Getting up early, I would have to say, is my most beneficial habit. Not only does it allow me to get more done in a day but being up before everyone else gives me time to think and plan so that I can be as productive as possible.
What advice would you give your younger self?
I would tell the younger William Huyler to follow your gut. I think that throughout my life, I’ve been pretty good with following my passions and reaching my goals. From a fairly young age, I knew I wanted to be involved in finance, so choosing a career was never tough for me, like it is for some young people. But, once I started in my career, there were many times that I wondered if I should move ahead with my own firm, if it was the right thing to do, and if it would work out. In those moments, if I had just followed my intuition, which was telling me to go for it, I would have been where I am now a lot sooner. But, I have no regrets, I think everything happens in due time. It just would have been nice to know that following my gut would get me here.
Tell us something that’s true that almost nobody agrees with you on.
That going for a walk at 5 in the morning on a summer day is one of the best experiences you can have. Ok, some people will agree with that, but I’m thinking most won’t. I love being out and about when no one else is. Taking in the silence. It really gives you time to think and reflect. Not to mention, it’s relaxing and rejuvenating.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
Read, read, and read some more. You can never know too much. Whether you’re reading the news, an article, or a book, there’s something that can be learned. Who knows, you might have a eureka moment from something you come across. I would recommend reading to everyone. Read and seek out new information, always. Never stop learning.
What is one strategy that has helped you grow your business?
My main focus is one-on-one service and highly personalized financial planning. Offering people this personal service not only helps me to better understand my clients, their wants and needs, but it also allows the client to learn and grow. Working together so closely, we can find the perfect solution that is tailored to them.
What is one failure you had as an entrepreneur, and how did you overcome it?
In the world of finance, there are always small failures, especially when it comes to investing. Maybe a stock didn’t go the way you expected it to. Maybe a global pandemic hits and everything changes. But, these small failures are just learning tools. You make a change, pick up where you left off, and continue on, learning something you didn’t know before. I’ve had many of those throughout my career. That being said, I think my biggest failure so far has been not starting my own firm sooner. I had so many clients coming to me asking for more personalized service. The idea was there. But my need to plan and evaluate stopped me from starting right away. I was finally able to overcome my hesitation once I took the time to plan and evaluate. But, looking back, I would have sped up the process and jumped right in if I could do it again.
What is one business idea that you’re willing to give away to our readers?
I think that someone should develop an app or program for school-aged children that teaches the basics of finances and investing. I think this would go over so well and would help them to learn a great life skill.
What is the best $100 you recently spent? What and why?
I recently bought cloud storage for my own personal use. As I mentioned, I’m a big planner and I like to write things down. Now, with this cloud storage, I can access all my documents and pictures from anywhere at any time. Plus, and this might be the best part, it’s so nice not to have to worry about losing my phone or laptop, since I travel so much for work, because now I know all of my irreplaceable stuff is secure in a cloud.
What is one piece of software or a web service that helps you be productive?
For meetings in the office, I use this web application called Doodle. It allows me to take polls for meeting times. Everyone’s schedule is so hectic and this app allows us to choose a time that works for the greatest number of people.
What is the one book that you recommend our community should read and why?
If you’re interested in the stock market, I recommend following various stock websites and reading the articles that they post regularly. The Motley Fool is one of the best. They do a great job of providing relevant, up-to-date information about investing and the stock market.
What is your favorite quote?
My father always used to tell me that with everything in life, you get out of it what you put into it. I really took that to heart. That has to be one of my favorite quotes just because it has motivated me so much throughout my life. Without that quote from my father in the back of my head, I don’t know where I would be today.
• Seize the day — getting up early helps you to get a jump on the day, allowing you to be more productive.
• Personalized products and services are highly sought after in today’s marketplace. Whenever you can tailor your business to offer one-on-one service, you can stand out among competitors.
• Knowledge about personal finance and investing is a great life skill to have. If you’re interested in investing in your future, seek out opportunities to learn about these topics whenever you can.
Steve (Stefan) Junge hails from Germany and helps with the day-to-day publishing of interviews on IdeaMensch. While he and Mario don’t share a favorite soccer club, their enthusiasm to help entrepreneurs is a shared passion.