Helping to Protect Your Retirement Future
Wealth Management
If you’re looking for the means to help secure your hard-earned retirement money, we may be able to help. Many retirees and pre-retirees are seeking more security and stability when retirement planning. Many find our “active” approach beneficial.
Actively Managed Money
Have you ever wondered what the difference is between “passively” and “actively” managed money? Understanding the distinction between passive and active wealth management may help you decide what course of action is best for you.
The performance of a stock will change over time. As a result, it’s critical to conduct thorough research and invest in the right stocks at the right times. Working with an advisor who takes an active approach to wealth management means placing your trust in someone who does the proper research and takes an “active” approach to managing your wealth – no matter what is going on in the markets.
In contrast, “passively managed” investments don’t have anyone keeping track of them. Depending on your circumstances, this strategy may work well over time. However, when you move closer to retirement, when you’re going to need your retirement savings soon, having someone to actively manage your money and keep you in-the-know about your investment options may be more advantageous. Again, depending on your unique circumstances.
Annual Financial Reviews
Our yearly financial reviews allow you to take a detailed look at your finances as well as the effectiveness of your existing financial plan. We can advise you to make what we feel are the appropriate changes to your portfolio if your goals, needs, or financial situation have changed since our last talk. A number of different things can change over the course of a year, but we’re here to help you stay on track. For example:
- Your asset allocation could fall out of balance
- Your portfolio might not be as “diversified” as you think
- Your financial goals may have changed
- External factors like changes in tax law could also impact you
- Your financial situation or overall life situation could have also changed unexpectedly
Take Control of Your Wealth Today
Ready to make informed financial decisions? Schedule a consultation to discuss your wealth management strategy.