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Cltc Rick Hu

Founder & CEO - Midas Wealth

Professional Background

Rick Hu is a distinguished international speaker, business coach, and the founder of Midas Wealth, a profound financial planning firm renowned for its dedication to wealth management. Beginning his financial planning career in 2007, Rick has made a substantial impact in the industry, turning challenges into opportunities for his clients. His expertise and leadership have garnered the attention of major publications like Forbes, Yahoo Finance, and Newsday, highlighting his commitment to excellence in private wealth management.

In January 2011, at the young age of 25, Rick achieved a significant milestone in his career by becoming the youngest appointed Managing Director of Northwestern Mutual in the United States. He launched a scratch office in Chinatown, Manhattan, driven by a mission to support and empower minority communities. Under his leadership, the office thrived, reflecting his adeptness in not only financial strategies but also in cultivating an inclusive environment where clients felt valued and understood.

After serving as Managing Director at Northwestern Mutual - Financial District for several successful years, Rick decided to retire from this role on January 1, 2018. This decision was fueled by his desire to prioritize family while still leaving a remarkable legacy in the financial services industry. With a new focus, he founded Midas Wealth, named in honor of his son, Midas. Today, Rick and his adept team specialize in Private Wealth Management for middle to high net worth clients, shining a light on wealth and tax diversification through comprehensive generational planning.

Education and Achievements

Rick Hu's educational journey laid a solid foundation for his career in finance. He earned his Bachelor of Science in Finance from the University at Buffalo, equipping him with the knowledge and skills necessary to navigate the dynamic world of financial planning.

Over the years, Rick's exceptional performance and unwavering dedication to his profession have been recognized through numerous awards and accolades. He has consistently ranked among the Top 50 Premium advisors from 2012 to 2020 and has received accolades for being in the Top 50 Lives and New Clients categories for the same period. His achievements in client advisory continue with distinctions as part of the Million Dollar Round Table from 2010 to 2020, including the prestigious MDRT Top of the Table in 2020. Rick has been awarded the Life Impact distinction from 2011 to 2020, recognizing his tangible contributions to his clients’ financial well-being.

In addition, Rick has achieved notable rankings including #1 Lives in the Eastern Region for three years in a row from 2018 to 2020. His accomplishments reflect his deep understanding of wealth management and his ability to forge strong, lasting relationships with his clients.

Achievements

Rick Hu's impressive array of awards includes:

  • Top 50 Premium (2012-2020)
  • Top 50 Lives (2011-2020)
  • Top 50 New Clients (2010-2020)
  • 200 Lives (2012-2020)
  • Life Impact (2011-2020)
  • Million Dollar Round Table (2010-2020)
  • MDRT Top of the Table (2020)
  • DNO Growth (2011-2017)
  • OARS (2011-2015, 2017)
  • Master Achievement (2012-2013; 2015-2016; 2018-2020)
  • Forum (2012-2013; 2015-2016; 2017-2020)
  • #1 Lives in Eastern Region (2018, 2019, 2020)

These accolades signify not only Rick's expertise in managing wealth but also his relentless pursuit of excellence and commitment to the financial empowerment of his clients. With a strong emphasis on holistic generational planning, Rick Hu continues to make a profound difference in the lives of individuals and families, guiding them towards achieving their financial goals and ensuring a legacy for future generations.

Related Questions

How did Rick Hu begin his journey in financial planning?
What inspired Rick Hu to establish Midas Wealth?
In what ways has Rick Hu's experiences at Northwestern Mutual shaped his current approach to financial coaching?
How does Rick Hu prioritize family while managing a successful wealth management business?
What strategies does Rick Hu implement to assist middle to high net worth clients in wealth diversification?
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Location

New York, New York, United States