Trusted and Experienced Financial Advisor in Lake St. Louis, MO.
Financial Advisor in Lake St. Louis, MO. You work hard for your money, and you want to feel secure about how it's it's being utilized for your future. Many individuals and families in Lake St. Louis, MO don't have the financial literacy to be confident they're putting their money to good use, while others simply don't have the time or interest to stay up to date on market trends along with new rules and what's going on around the globe. That's when you need a dependable, seasoned, and adept financial advisor on your side. A Correct Capital financial advisor in Lake St. Louis, MO will put your money to work in a way that benefits you. We utilize in-depth research and analytics along with our decades of wealth management experience to build tailored financial plans for individuals, families, and businesses in Lake St. Louis, MO and beyond. Call us today at 314-930-401(k) or contact us online to learn what Correct Capital can do for you.
A 2018 study by FINRA revealed that 53 percent of American adults are worried about their finances. A source of that anxiety is often just not being sure they're managing their money correctly. After our Lake St. Louis, MO financial advisor team gets to know you, your present financial situation and your financial objectives, we'll design a road map to help you realize them. As a fiduciary and an independent firm, your Correct Capital financial advisor is obligated to act in your best interest and we are not limited in the options we can recommend. Our financial advisors in Lake St. Louis, MO have certifications that can only be obtained through exhaustive testing and by meeting strict education requirements.
What Does a Financial Advisor in Lake St. Louis, MO Do?
A financial advisor will examine your current finances, identify means to enhance it, and help you realize your long-term financial goals. A lot of Lake St. Louis, MO residents commonly immediately think of investing when they consider wealth management services and financial advisors. While that is a essential aspect of any financial plan, a certified financial advisor will be able to give you extensive financial advice that gives consideration to the entirety of your finances. Below are some of the services your Correct Capital financial advisor in Lake St. Louis, MO will utilize to help you reach your objectives.
- Financial Planning
Our money is involved in just about anything we do, from ensuring we're set up in retirement, to higher education, real estate purchases and sales, picking insurance policies, and providing for ourselves and our families. The best financial advisors in Lake St. Louis, MO offer comprehensive services and customized counsel by taking into consideration your entire financial situation.
- Tax Planning
Taxes are part of basically every financial transaction and transfer. The IRS itself says that almost three quarters of people who pay taxes in the United States pay too much in taxes every year. The United States tax code is infamously complex, yet it contains perfectly lawful ways to lessen the amount of taxes you pay. An experienced and trustworthy Lake St. Louis, MO financial advisor will be able to manage your tax implications in any transaction in order to keep more money in your pocket.
- Portfolio Management and Asset Management
Your financial portfolio is the collection of your financial assets. They can include stocks, bonds, mutual funds, exchange-traded funds, cash equivalents, or alternative assets such as cryptocurrencies. A financial advisor in Lake St. Louis, MO will help allocate and diversify your assets in order to lessen risk and best position your money for growth.
- Retirement Planning
Depending on where you currently are in life and where you want to be when you retire, your Lake St. Louis, MO financial advisor will help with tax implications, considering the perfect age to retire, when to take money out and how much to take out. A financial advisor will help you develop a budget and plan for where your income will come from in retirement so you can spend your latter years exactly the way you want to.
- 401(k) Services
We provide 401(k) services to both individuals and families and Lake St. Louis, MO businesses and business owners. Enacting a 401(k) plan is a wonderful way to keep your best employees and keep them productive and happy. Our retirement consultants represent in excess of $230 million in plan assets and thousands of plan participants across the United States. Our Lake St. Louis, MO financial advisor team offers comprehensive 401(k) planning for businesses as well as individualized benefits for their employees.
- 401(k) Rollover
When going to a new job, it can be hard to know what to do with the savings you already have in a previous Lake St. Louis, MO employer's 401(k) plan. You have a few options, including keeping the money in the account it is currently in, putting it in a new 401(k), or putting the money in one of a variety of IRA accounts. A financial advisor will know how to best approach managing your 401(k) funds.
- Generational Wealth Transfers
You work hard for your money, and it's natural to want to leave a legacy and leave some wealth behind for the ones you love the most. Wealth transfers are not the same as merely leaving gifts behind in estate planning. A financial advisor in Lake St. Louis, MO can best allocate your money for not just your children but for generations to come, even the people you haven't met yet.
- Fiduciary Advising
Anyone can give themselves the title of "financial advisor," so it's crucial to choose one who has accreditations and certifications from regulatory authorities such as the CFP Board, Fi360, InFRE, and FINRA. As fiduciary advisors and as a Certified Financial Planner™, your Lake St. Louis, MO financial advisor at Correct Capital must observe a "Code of Ethics and Standards of Conduct" to:
- Act with honesty, integrity, competence, and diligence.
- Act in the client's best interest.
- Exercise due care.
- Avoid conflicts of interest, disclose them when they arise, and manage them in the client's best interest.
- Maintain confidentiality and protect the privacy of client information.
- Act in a manner that reflects positively on the financial planning profession and CFP® certification.
When you hire a Lake St. Louis, MO financial advisor at Correct Capital, we begin by getting to know you personally and your aims. We will analyze your current income, assets, investments, debts, and expenses. Next we've accomplished that, we'll work with you to determine your preferred risk tolerance and how we can best help you realize your goals. As an independent advisory firm, our only priority is to act in your best interest. There is no limitation to the services, products, and investment opportunities our financial advisor team can propose, and we will never try to sell you on something we do not believe in ourselves.
Call Correct Capital's Lake St. Louis, MO Financial Advisor Team Today
Your money and the decisions you make with it are personal. At Correct Capital, we believe the relationship between a Lake St. Louis, MO individual, family, or business owner and their financial advisor depends on trust. We have dedicated our careers to helping our clients realize their personal and financial objectives, whether that be setting up a 401(k) plan or finally getting to buy that convertible in your golden years. Call our Lake St. Louis, MO financial advisor team today at 314-930-401(k) or contact us online to take the first step in feeling great about your money.