Giesting Financial Wealth Advisor, Rick Colglazier, CLU®, ChFC®, is a native Hoosier who was born in South Bend, Indiana near the University of Notre Dame campus. When he was seven years old, the family moved to Indianapolis, where Rick graduated from high school. He went on to attend Indiana University Bloomington, receiving his bachelor’s degree in marketing from the IU school of business.
Rick’s first job out of college was working for the Miller Brewing Company in Chicago. It had recently been acquired by Philip Morris and was the “perfect job for a 22-year-old bachelor,” although it wasn’t perfect for Rick. He moved back permanently to South Central Indiana before marrying his wife, Cindy, in 1978; he has been in the financial services industry since then.
It was while he was working as a multiple-lines agent for Farm Bureau Insurance and then for Massachusetts Mutual Life Insurance that he began seeing the importance and value of “funding for the future.” His passion for helping clients with their financial goals grew, and he founded his own successful advisory firm in Columbus, Indiana in 1980 which he ran for almost 40 years. He recently sold the company to Giesting Financial in 2019, staying on as a wealth advisor.
“It means something to me that I can serve people and play a role in building their financial dreams. And I continue to make a lot of friendships along the way,” Rick says.
Rick’s wife, Cindy, is a nurse practitioner at IU Health’s primary care clinic in Nashville, Indiana. In her spare time, she loves to garden, and Rick often gets (willingly) pulled into her gardening projects. Both Rick and Cindy are strong supporters of the arts community, serving on the board of the Brown County Art Guild, which was established by artists living in the historic art colony which thrived there in the late 1800s through the early 1900s. When the noted American impressionist painter T. C. Steele moved there in 1907, the colony’s national reputation was cemented.
From their website, “The Guild purchased the historic Minor House, built in 1857, for its beauty and location in the heart of downtown Nashville, Indiana. The town became the center of the Brown County art scene and a growing attraction for serious collectors and enthusiasts.” The Guild seeks to promote and revive the storied reputation of the arts community in Brown County. Rick’s mother was a director for the Guild for 14 years, and her art collection was split between Rick and his two sisters when she passed away. Rick and Cindy continue to collect art from the contemporary artists of the Guild. They own works by Rena Brouwer and Chris Newlund in addition to many others.
Rick drives by the beautiful barn scene daily which inspired one of the favorite paintings he owns.
The couple loves to travel, especially to Charleston, South Carolina and the surrounding barrier islands like Kiawah Island. They also love Cabo San Lucas in Mexico. They want to explore more of the West Coast and have taken trips to Washington and California. Europe is on their bucket list.
They have a cat named Frannie which was a stray adopted by Rick as he was returning from a business trip. The story goes that as he stopped to grab coffee on his way back home, two teens literally begged him to take her, since they already had nine rescued cats between them. After politely declining several times, the teens would still not take no for an answer, and ultimately Frannie was loaded into his car with a supply of food, litter and litter box purchased by the teenagers. As Frannie excitedly leapt from the dashboard, to his lap, to the back window and back to his lap, he had the premonition that she would become a great addition to the household, and she has.
The Colglaziers adore spending time with their family, which includes their daughter Megan, 40, and 16-year-old granddaughter, Carly. They lost their son, Tyler, in early 2018. As Rick puts it, “from tragedy wonderful things can spring,” and he helped found a local charity called “Chain Breaker Ministries” to combat the opioid crisis which claimed the life of Tyler as it has thousands of other young people in America. “It was apparent how many friends we had—including clients—when so many showed up for Tyler’s funeral,” Rick says. There were almost 500 people there, including Rick’s close friends, Eric Retrum and Peter King, who had participated in an intervention with Tyler in 2015. They also helped him found the ministry.
Modeled on the Wheeler Mission, where Tyler had stayed from December 2015 to August 2016, the live-in program helped Tyler get his life on track for almost two and a half years, which was a true blessing to Rick. “I got my son back,” he says. Although Tyler ultimately didn’t make it, Rick says, “Seeing guys come through the program at Wheeler Mission to go back to their communities, jobs, housing and fellowship still inspires me. I wanted to bring that to Columbus in Tyler’s honor.”
Living in a structured group setting is a large part of the Wheeler Mission’s successful strategy. While Rick and his friends were brainstorming ways to create their local ministry in 2018, they met Dan Taube, who had recently shuttered and sold a church property. Not sold was the parsonage located next to the church—a little Cape Cod house with three bedrooms—which Don leased to them rent-free for the first year. With a location secured, the charity was launched on February 27, 2020. The facility houses six full-time guests struggling with addiction along with two trainers who live with them on-site 24/7. There are also offices for a program manager and assistant manager who work there but live off-site.
Rick says, “The signs of addiction can be extremely subtle.” The family never knew that Tyler began using in high school. After graduating, Tyler had gotten a two-year degree in criminal justice and was an Army Reservist for eight years. He was almost deployed to Afghanistan, then wasn’t, which was a big disappointment, and an important relationship ended for him as well. His last job as a pool and landscaping supervisor meant that he was alone a lot of the time living in a college town.
But regardless of life circumstances or how much we want to understand the problem, no one can really pinpoint the reasons why so many young people succumb to overdoses. In 2019, the year after Tyler passed, 50,000 people died in America. The opioid crisis is very real, and acting locally to combat the problem can help. You can donate to support the faith-based Chain Breaker Ministries charity here: https://www.aplos.com/aws/give/ChainBreakerMinistriesInc