Matthew R. Sweet of Goshen, founder of First Litchfield Investments, in his home office. BZ photo
After more than 20 years working for others in the financial services industry, Matthew R. Sweet of Goshen decided to strike out on his own, anxious to use his expertise to help clients target and meet financial goals.
Sweet founded First Litchfield Investments in 2017 and hasn’t looked back.
“I enjoy helping people work toward their goals,” Sweet said from the office in the home he shares with his wife, Laurie, an elementary school art teacher in Region 6. “I’m enjoying it so much that I don’t think I could work for someone else again.”
As an adviser, Sweet develops customized investment, insurance and financial strategies for clients. What makes sets him apart from colleagues in financial services is his qualification as a Certified Social Security Claiming Strategist, designation awarded by the Corporation for Social Security Claiming Strategies in Wrentham, Mass.
Sweet earned the certification last spring by successfully completing a course and passing a rigorous exam. The distinction means Sweet is fully educated on the nuances of Social Security and how it figures into retirement planning.
With the Social Security system burdened by more than 2,000 filing rules and a government workforce forbidden from providing advice, Sweet fills a need with his ability to help clients develop a Social Security strategy complementing their retirement planning.
“People are living longer and it’s important to figure how Social Security is going to play into their retirements,” said Sweet, whose clients range in age from 55 to 90.
An initial meeting with Sweet ends with a homework assignment for the client in the form of a questionnaire regarding their plans for retirement. Sweet uses the answers to design a plan.
“Every client I’ve had ends up saying it’s a process they wished they had gone through a long time ago,” Sweet said. “They immediately see the value in it.”
As a Registered Representative, Sweet has access to a wide variety of financial platforms and securities for clients through his association with Infinex Investments Inc. Member FINRA/SIPC.
Before founding First Litchfield Investments, Sweet spent 11 years in financial services at Union Savings Bank and the First National Bank of Litchfield. His resume includes stints as a senior trust officer and trust consultant at the MassMutual Trust Company, and a trust officer at the Webster Trust Company and Phoenix Charter Oak Trust Company.
Sweet has a bachelor’s degree in business administration from St. Michael’s College and a master’s degree in (business administration?) from Brenau University. He is a graduate of the New England School of Banking and the American Banking Association National Graduate Trust School.
A Goshen native and a graduate of Wamogo Regional High School, Sweet, a Navy veteran, is actively involved in the community as a member of the First Litchfield Artillery Regiment and the American Legion. He sits on the board of directors of the Litchfield Hills Road Race.