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Hidden Gems: Meet Terrance Hutchins of Logos Financial Group

Today we’d like to introduce you to Terrance Hutchins.

Hi Terrance, it’s an honor to have you on the platform. Thanks for taking the time to share your story with us – to start maybe you can share some of your backstory with our readers?
I started my career in the financial services industry through an internship program with a large company during my senior year in college. I had a little sales experience previous to that but knew very little about money or the industry. I quickly fell in love with the idea of helping people along their financial journeys and I consumed as much content as possible related to investing and business. I graduated in December of 2008 from the University of North Texas with a business degree with a concentration in entrepreneurship. I ditched my plan of going to law school and went full-time building my own financial services business in March 2009 with the same firm. I had some early success but soon encountered many challenges.

I was very young to be doing the work I was and had with a limited natural market of people to talk to. It just took hustle, grit and determination to stay in the business but I was determined to not move back in with my parents(talk about motivation). I continued in my education getting different financial designations and licenses to expand my level of expertise and offerings to clients. As I worked more comprehensively with people and business owners in different areas of their financial lives, I saw an opportunity to expand my business. In 2015, I left that big firm and started my own independent tax and consulting company. I maintained my financial services business and now work with hundreds of clients across multiple states helping with them with their business and tax planning, investing in the stock market and real estate, and building towards financial independence.

We all face challenges, but looking back would you describe it as a relatively smooth road?
I think like any business owner would tell you, the path is not a straight arrow upward. I have had many days where I thought about giving up on my journey and getting a job working for someone else. Dealing with people is the best and sometimes worst part of the job. Whether you are stood up for appointments or people don’t value your time, it can be an emotional roller coaster. Also working with no salary, there were some lean times in the beginning. My journey has really helped develop my confidence, value the importance of the work I do, and most importantly trusting God to be my provider and guide me in the right direction.

Thanks – so what else should our readers know about Logos Financial Group?
So I own and operate two separate businesses, Logos Financial Group and Logos Tax and Business Solutions. I picked the name Logos because it has a spiritual and practical meaning. The word logos is defined in the Greek to mean “logic” and “the word of God”. It embodies my values as a believer in Jesus Christ in addition to my emphasis on education and expertise. My job is to see how I can assist people in organizing their financial and business lives and give them a path to accomplish their life goals and objectives. I think what sets me apart is my belief there is no singular path to helping people get to their end financial goal. I have a broad knowledge across different financial, tax and business channels and am building a team that can services many different types of clients. I am a big proponent that money is just a tool to achieve your life goals and I have built a good planning process that educates people and help them develop a path to accomplish those goals.

What would you say have been one of the most important lessons you’ve learned?
I have learned to always keep God first, be a lifelong student and to listen more than you speak.

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Image Credits

R Louise Photography

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