Did you know that 152 years ago today the United States Congress passed the Coinage Act of 1864, mandating that the inscription In God We Trust be placed on all coins minted as United States currency? When I think of the world we live in, I often hear the word trust, and it makes me wonder who we can trust. The financial services industry requires that we rely on many different people, businesses, agencies, and other various entities. Think of the trust you place in your employees and how strong your organization is as a result. You rely on your vendors to deliver the results they promise. You rely on your customers and members to use your products and services appropriately. What would happen if there were trust issues with any of these groups?
The Merriam-Webster definition of trust is the “belief that someone or something is reliable, good, honest, and effective.” In theory, those concepts seem easy enough, but when they are applied to real-life situations, the lines between reliable and unreliable, good and bad, honest and dishonest, and effective versus ineffective can become fuzzy.
It doesn’t have to be that way. At Wipfli, we work hard and take pride in creating and maintaining relationships through the Wipfli Way. As your trusted business partner, Wipfli is here to support you in today’s ever-changing world. Please contact us at WipfliFIpractice@wipfli.com.