Asset Management in St. Clair County, IL

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Asset Management in St. Clair County, IL. Financial planning and asset management can be complicated undertakings. Even the most financially savvy St. Clair County, IL residents might find it demanding to stay on top of market trends and know exactly 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 learn more about what Correct Capital's St. Clair County, IL asset management team can do for you.

Our company was founded on the concept of giving straightforward and unbiased guidance to St. Clair County, IL individuals and families. Our approach to asset management serves the client and only the client. We use our decades of experience and in-depth research and analytics to help you build for the future of your dreams, 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 operation of directing a client's money and other financial resources in an effort to realize their financial goals. Asset management clients are either St. Clair County, IL individuals and families or companies. An asset could be cash or cash equivalents, stocks, bonds, real estate, master limited partnerships, or private equity.

When managing a client's assets, a professional and responsible asset manager will look at their client's personal risk tolerance and preferences and unite them with their financial savvy and research to discover the best investment options for them personally. The fiduciary philosophy of Correct Capital's asset management team along with our know-how and research abilities permits us to bridge the gap between our St. Clair County, IL clients' present 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 is a blueprint for investing your money and creating a balanced portfolio that aligns your with your goals, risk tolerance, and time horizon. However, creating a plan on your own is a risky endeavor many who don't have the time or knowledge to manage their assets on their own. That's where your financial advisor in St. Clair County, IL comes in. Correct Capital's wealth management team can assist you by:


Evaluating Your Current Financial Situation

The first step in reaching your goals is understanding where you're beginning your financial journey. This involves looking at your income, expenses, debts, and assets. 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?

Once you and your St. Louis financial advisor have a clear understanding of your current financial situation, you can start to look at destinations.

Setting Goals and Objective

After you have assessed your financial situation, the next part of the process is to establish achievable objectives. These goals should be aligned with the vision you have for your life. Those aims may include:

  • Saving for retirement
  • Saving for your childrens' education
  • Creating an emergency fund
  • Paying off debt
  • Leaving an inheritance for the next generation
  • More free time
  • Philanthropy

If you're saving for retirement, would you prefer to spend your retirement years in villas 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 your goals, the more customized your plan will be.

Building a Diversified Portfolio

After you've established where you want to go, you need to start creating a well-balanced investment mix. A diversified portfolio is a collection of investments that includes a mix of traditional or alternative assets. Diversification helps to reduce risk by spreading your investments across different asset classes and sectors, so that you minimize the potential for loss if one asset does poorly. 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 your exposure to local economic events.
  • Sector diversification to reduce industry-specific risk.
  • Time diversification, meaning investing in assets with different time horizons, to minimize volatility.
  • Tax diversification to account for the different ways different investments are taxed.
  • 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 essential to partner with a St. Louis financial advisor who will alter your asset management as life happens. This involves scrutinizing your investments consistently to ensure that they are performing as expected and making adjustments as necessary. Rebalancing and risk assessment should be done every year to ensure your strategy still aims towards your goals. Our check-up meetings can occur once a year or after major life changes.

Life comes at you – 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 St. Clair County, IL

Every St. Clair County, IL resident's financial situation is as unique as they are themselves. When you select Correct Capital's financial advisors manage your assets, the first step we take is getting to know your unique circumstances. Wherever you are in life and wherever you want to go, we are here to be your financial advocate. We offer all of our clients with a customized experience that prioritizes discovering the best solutions for long-term wealth growth. Our asset management team can assist you in:

At Correct Capital, we operate knowing that trust is fundamental to our relationships with our St. Clair County, IL clients. When you trust us with your wealth, you are also trusting us with your future. We seek to build a relationship with you in order to appreciate your short and long-term goals and risk tolerance. We offer honest advice to find your preferred asset allocation and help predict your future tax implications.

Why You Should Choose Correct Capital's St. Clair County, IL Financial Advisors for Your Asset Management

There are numerous "financial planning" advertisements throughout St. Clair County, IL, and knowing who to trust is hard difficult. Anyone is allowed to say they are a "financial advisor," but our asset management team at Correct Capital has titles that can only be received through years of education and experience and by complying with strict legal guidelines. The following are just a handful of the characteristics that allow our company to stand out among other financial advisors and asset managers.


Fiduciary Advisors

Fiduciary advisors must give their St. Clair County, IL 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 acts with the competence, assiduity, skill and, knowledge that a prudent professional typically would; and
  • A duty of loyalty, in which your financial advisor must aim to avoid conflicts of interest, reveal them when they are unpreventable, and manage them in your best interest.

As a fiduciary advisor, our St. Clair County, IL 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 know 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 St. Clair County, IL investors often find the full breadth of asset management convoluted and exhausting. When you put your financial future in our trustworthy hands, we only do what's best for you and your money. As we are not pledged to any large institution, we are not restricted in the investment options and products we have access to and recommend.


We Are a Registered Investment Advisor

Registered Investment Advisors (RIA) can only be awarded their title through the certification of a regulatory body overseeing the firm. In addition, being an RIA gives us access to a large number of investment tools, research, and in-depth analytics. You want to be confident that your hard-earned money is being managed by financial advisors who know what they're doing and have your best interest at heart. As well as being a fiduciary, an RIA, and having experienced retirement counselors, our St. Clair County, IL 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 assent to regulatory oversight.


We Are Proactive

We won't simply invest your money in the S&P 500 and assume that the market will grow your wealth for you. We look at a wide variety of investment options including ETFs, mutual funds, alternative investments and more to put you in position to meet your financial goals. We follow the latest market trends and aim to anticipate movements in an effort to stay ahead of the curve. We are active and driven in our efforts to help our St. Clair County, IL 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 St. Clair County, IL

Your money is the result of your hard work and the vision you have for yourself and your St. Clair County, IL family. Smart, active, and personalize asset management is an important aspect of planning for your future and making sure you get the best return on hard work. Correct Capital's financial advisors and asset management team are legally and ethically compelled to manage your assets in your best interest. In Addition, we are genuinely invested in seeing St. Clair County, IL residents realize their dreams. We use our experience, knowledge and in-depth research to best help our clients fulfill their financial goals. Call us today 877-930-4015 or contact us online to get started on achieving your financial dreams.


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