Asset Management in Oakland, MO

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Asset Management in Oakland, MO. Financial planning and asset management can be complex undertakings. Even the most financially knowledgeable Oakland, MO residents may find it demanding to follow market trends and recognize precisely how to best position. At Correct Capital, our financial advisors and asset management team have the experience and the latest in technology in research capabilities to help you realize your financial goals. Call us today at 877-930-4015 or contact us online to discover more about what Correct Capital's Oakland, MO asset management team can do for you.

Our company is based on the concept of giving honest and objective counsel to Oakland, MO individuals and families. Our asset management philosophy is to serve the client and only the client. We depend on our decades of experience and in-depth research and analytics to help you prepare for your ideal future, no matter how near or far that may be.

What Is Asset Management? | St. Louis, MO Financial Planning

The term asset management refers to the practice of handling a client's money and other financial resources in an effort to realize their financial goals. Asset management clients are either Oakland, MO individuals and families or companies. Types of financial assets include cash or cash equivalents, stocks, bonds, real estate, master limited partnerships, or private equity.

When managing a client's assets, a good and reliable asset manager will look at their client's individual risk tolerance and preferences and unite them with their experience and research to discover the preferred investment options for them personally. The fiduciary mentality of Correct Capital's asset management team along with our knowledge and research capabilities allows us to close the distance between our Oakland, MO clients' extant financial situation and their ultimate financial goals.



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Correct Capital Wealth Management's office is physically located in St. Louis, MO, but we serve clients throughout the United States in both personal financial planning and corporate retirement plans.

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Creating a Financial Asset Management Plan

A financial asset management plan will help you make informed decisions about your income and savings. However, creating a plan on your own can be time-consuming for those who don't have the expertise or interest to actively build their wealth on their own. That's where your financial advisor in Oakland, MO comes in. Correct Capital's wealth management team can assist you by:


Evaluating Your Existing Financial Situation

The first step in building a financial roadmap is understanding where you are now. This involves looking at your assets, cashflow, and debts. Your financial advisor will likely ask you:

  • What is your current income?
  • What are your monthly expenses?
  • How much debt do you have, and what are the interest rates on your debts?
  • What assets do you have, and what are their values?

After you and your St. Louis financial advisor know your existing financial situation, you can start to look at where you want to go.

Establishing Goals and Objective

After you have assessed where you are now, the following step is to establish achievable goals. These aims should make sense with your personal values and long-term financial objectives. Those objectives may include:

  • Saving for retirement
  • Saving for your childrens' education
  • Creating an emergency fund
  • Eliminating debt
  • Leaving a cash legacy for the next generation
  • More free time
  • Philanthropy

If you're saving for retirement, would you prefer to spend your retirement years in expensive hotels or on your porch? If you want to build an inheritance, how many beneficiaries are there, and how much do you want each to get? The more your financial advisor understands what you want to do with your assets, the more customized your plan will be.

Creating a Diversified Portfolio

After you've set your goals and objectives, you need to start creating a well-balanced investment mix. A diversified portfolio is a collection of investments that is comprised of a blend of asset classes. Diversification decreases how much risk you take on by spreading your investments across different asset classes and sectors, so that if one asset doesn't perform well, they don't all drop in value. Strategies for portfolio diversification include:

  • Asset allocation into a range of investment options, including stocks, bonds, mutual funds, EFTs, and/or limited partnerships.
  • Geographic diversification into different countries and regions to reduce the impact of local economic events.
  • Sector diversification to reduce the impact of industry-specific losses.
  • Time diversification, meaning investing in assets with different time horizons, to minimize volatility.
  • Tax diversification to limit your tax liability.
  • Alternate investments such as real estate, private equity, and commodities to diversify your portfolio beyond traditional asset classes.

Reviewing, Monitoring, and Rebalancing

Finally, it's important to find a St. Louis financial advisor who will alter your asset management as life happens. This involves looking over your investments consistently to ensure no adjustments needs to be made. Rebalancing and risk assessment should be done every year to ensure your strategy still aligns with your goals. Our check-up meetings can occur once a year or after major life changes.

Life happens – and changes – fast. With Correct Capital, your financial advisor and wealth management team will adapt with it to ensure your roadmap still leads to your financial goals.

Correct Capital's Approach to Asset Management in Oakland, MO

Every Oakland, MO resident's financial needs are as unique as they are themselves. When you decide on Correct Capital's financial advisors manage your assets, our first step is to get to know you personally. Wherever you are in life and wherever you want to go, we are here to act as your financial advocate. We give all of our clients with a customized experience that prioritizes discovering the best solutions for long-term wealth growth. Our asset management team offers advice with:

At Correct Capital, we operate knowing that trust is the base of our relationships with our Oakland, MO clients. When you trust us with your finances, you are also trusting us with your future. We strive to build a relationship with you in order to understand your short and long-term goals and risk tolerance. We offer unbiased advice to find your preferred asset allocation and help predict your future tax implications.

Why You Should Choose Correct Capital's Oakland, MO Financial Advisors for Your Asset Management

There are countless "financial planning" advertisements around, and deciphering who to trust is hard difficult. Anybody can call themselves a "financial advisor," but our asset management team at Correct Capital has titles that can only be earned through years of education and experience and by complying with strict legal regulations. The following are just some of the characteristics that allow our company to stand out among other financial advisors and asset managers.


Fiduciary Advisors

Fiduciary advisors must offer their Oakland, MO clients the highest standard of care. A fiduciary advisor is legally compelled to provide you with:

  • A duty of care, in which the financial advisor serves the client with the competence, diligence, skill and, knowledge that a prudent professional ordinarily would; and
  • A duty of loyalty, in which your financial advisor must attempt to keep away from conflicts of interest, communicate them when they are unavoidable, and manage them in your best interest.

As a fiduciary advisor, our Oakland, MO asset management team works with only your needs in mind. When you hire us, you can trust that your assets will be managed by experienced professionals who understand the keys to for growing wealth.

Our I.O.U. Promise

At Correct Capital our financial advisors offer financial advice that is independent, objective, and unbiased. Even accomplished Oakland, MO investors often find the full extent of asset management complicated and draining. When you put your financial future in our trustworthy hands, we do what's best for you and only you. As we are not bound to any large institution, we are not restrained in the investment options and products we have access to and endorse.


We Are a Registered Investment Advisor

Registered Investment Advisors (RIA) can only acquire their title through the certification of a regulatory body overseeing the firm. Furthermore, being an RIA allows us access to a wealth investment tools, research, and in-depth analytics. You want to be certain your hard-earned money is being managed by financial advisors who know what they're doing and have your best interest at heart. In addition to being a fiduciary, an RIA, and having experienced retirement counselors, our Oakland, MO Asset Management team is comprised of CERTIFIED FINANCIAL PLANNER™ professionals and an Accredited Investment Fiduciary; titles that can only be obtained through experience, knowledge, and conforming to regulatory oversight.


We Are Proactive

We don't just invest your funds in the S&P 500 and hope that the market grows your wealth for you. We look at a diverse range of investment options including ETFs, mutual funds, alternative investments and more to put you in position to meet your financial goals. We remain up-to-date on market trends and endeavor to anticipate movements in an effort to stay ahead of the curve. We are active and driven in our efforts to help our Oakland, MO clients get the most out of our asset management.

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Asset Management St. Louis | Financial Planners | Investment Advisors | Wealth Management

Call Correct Capital Today for Personalized Asset Management Services in Oakland, MO

Your money is the result of your hard work and the vision you have for yourself and your Oakland, MO family. Smart, active, and personalize asset management is a key part of planning for your future and ensuring you get the best return on hard work. Correct Capital's financial advisors and asset management team are legally and ethically bound to manage your assets in your best interest. Additionally, we are genuinely invested in seeing Oakland, MO residents realize their dreams. We depend on our experience, knowledge and in-depth research to best help our clients reach their financial goals. Call us today 877-930-4015 or contact us online to get started on fulfilling your financial dreams.


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