As the chief executive and chief investment officer of Manchester Capital Management, Ted Cronin has big-dollar thoughts all day long. His firm, which employs CFPs and has offices in California, New York and Vermont, manages some $2 billion in assets.
But lessons about the limits of lucre that Cronin learned before he entered the business - when he worked in the Peace Corps in rural Thailand - remain central to the philosophy he shares with clients today. "Material wealth is nice to have, but it has little relationship to happiness," Cronin says.
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