Wealth Management

Market investments are a challenging process. The behavior of any stock will change over time. If your primary goal is to avoid losses, as we believe it should be, you must conduct thorough research and make the right investments at the right times. To accomplish this, we believe it would be best to work with a financial advisor with an “active” money management approach.

"Active" Vs "Passive" Money Management

Money management can be classified as either “passive” or “active.” If your investments are “passively” managed, that means no one is monitoring them. This could work in the long run, but as you approach retirement, the risk of this strategy may make it unfeasible. “Active” money management, on the other hand, entails having a wealth advisor guide your investments with the goal of avoiding losses and improving your long-term performance.

Yearly Financial Checkups

At our annual meetings with clients, we discuss your financial situation, objectives, the performance of your current strategy, and areas for improvement. Your situation might change over time. As a result, the solution is more complex than simply putting something in place and walking away. This is why we take the time to communicate with clients and ensure that everything is functioning properly–something that, unfortunately, not all financial professionals do.

A variety of factors can have an impact on your investments over the course of a year.

Not to worry! We will meet with you to help you get back on track. Several potential changes include:

Your investment portfolio might not be as diversified as you think
Your asset allocation may be out of balance
Your financial goals may have shifted with time
Your life situation also could've changed
Laws can also change
Tax laws, for example, change frequently

Wealth Management