Financial Portfolio Management in Columbia, IL

Financial Portfolio Management Columbia, IL. It can be complex and draining to control a wide variety of investments while keeping an eye on market fluctuations. Your experienced Columbia, IL financial professionals at Correct Capital know how to manage all of your investments. As a Registered Investment Advisor (RIA), we have access to a wealth of research and investment solutions to keep your investments is growing as it should. Call us today at 314-930-401K or contact us online to create your ideal portfolio and safeguard you and your family’s future.

As the ultimate goal of financial portfolio management is to grow your wealth, you need fiduciary mindset Columbia, IL financial portfolio management advisors you can trust. As we are unbiased and privately owned, we avoid conflicts of interest and are legally compelled to counsel you and manage your portfolio in a way that’s best for you and only you. We have worked hand-in-hand with hundreds of Columbia, IL area residents and families to design customized financial solutions and help grow their money, whatever their needs or goals may be.

What is Financial Portfolio Management?

A financial portfolio is the collection of your financial assets. A talented Columbia, IL financial consultant can supply portfolio management to better meet your goals. There are many investment options to consider:

  • Stocks, or equities, are the shares you own of publicly traded companies. Some stocks will rise in value over time in hopes you can sell them for more than you bought them for. Some businesses also pay out a cut of their profits to their investors as dividends.
  • Bonds could be either corporate or governmental, and are essentially a loan made from a borrower to an investor. They are typically given as a way for the borrower to finance projects or operations. As the investor, you make money off of the interest payments on the loan.
  • Cash and cash equivalents are either the money you already have in your account, or anything that is easily converted into cash , including, for example treasury bills, short-term government bonds, marketable securities, or similar readily-convertible assets.
  • Mutual Funds are an investment program that accumulates money from several investors and invests it in assorted securities, such as stocks, bonds, or other assets. They allow individual investors to diversify their assets, often have relatively low initial investment requirements, and can be bought in partial shares or fixed dollar amounts. Mutual funds are managed by a fund manager, and shares are purchased and sold at their closing price at the end of the day.
  • Exchange Traded Funds (ETFs) are similar to mutual funds in that investors pool their funds and they allow for a diversified portfolio. ETFs can hold traditional assets such as stocks and bonds, or alternative assets like commodities. They provide investors with access to a particular part of the market and at the same time provide diversification across the sector. ETFs are purchased and sold throughout the day as their prices fluctuate.
  • Alternative assets are any assets not listed above. Stocks, bonds, and cash are often thought to be the core assets of a financial portfolio, but a portfolio can also include real estate or cryptocurrencies.

Financial portfolio management is the process of overseeing a client’s finances in a way that meets their long-term goals and adheres to their risk tolerance. The trusted Columbia, IL financial portfolio advisors at Correct Capital will guide you in your understanding of how to position each kind of asset to meet your personal needs. As our Columbia, IL clients entrust us with their future, we endeavor to build personal relationships with them and understand your financial portfolio management needs to optimize your assets.

Correct Capital’s Portfolio Management Strategy

Depending on your specific needs, our Correct Capital Columbia, IL financial advisors will help you understand what investment strategies are best for you. We actively manage your investments to make sure your portfolio and you financial goals stay synched.


Active Financial Portfolio Management

This method of investment typically necessitates daily decisions and transactions. While it is sometimes considered to be high-risk, our Columbia, IL financial advisors know how to actively manage your account without jeopardizing your preferred level of risk. The objective here is to outperform the market and to get you the best possible return on your investments. The success of this strategy depends on up-to-date, in-depth research and analysis and savvy financial professionals and portfolio managers. As an RIA, Correct Capital has the tools and resources you need to optimize your portfolio. We track market trends, shifts in the economy and more in order to precisely time the sale and purchase of assets to maximize your returns.

With our experience and personalized guidance, our team of financial advisors will adapt with changes in the market to design a financial portfolio management plan personalized specifically for you and your Columbia, IL family.

Passive Financial Portfolio Management

This is often referred to as a ”set-at-and-forget-it” approach, and it seeks to parallel the performance of a particular market index with the idea being that your money grows slowly over time, prioritizing certainty over a potentially higher return.

While some Columbia, IL investors favor a passive investment strategy, we consider ourselves active portfolio managers. The Columbia, IL investment professionals at Correct Capital have the experience and knowledge to actively manage your assets in order to optimize your money in the interest of keeping your wealth growing.

Key Concepts in Financial Portfolio Management

Risk Tolerance

The Columbia, IL financial consultants at Correct Capital understand that every Columbia, IL client is different, and therefore their tolerance for or aversion to risk will be different. Every investment carries some level of risk, but depending on your risk tolerance you may necessitate a more active or a more passive financial portfolio management approach. Columbia, IL residents with a higher risk tolerance will be more willing to see fluctuations in their portfolio in the market, while clients with a higher risk aversion will want to see gains that may not be as high, but will be steadier and more consistent. Our Columbia, IL team of financial advisors will give you independent, objective, and unbiased advice to help you find the best risk tolerance for your portfolio.


Asset Allocation

Asset allocation is the determination of how to position your wealth for long-term growth. A healthy combination of asset allocation will help your portfolio match your risk tolerance, protect against loss, and maximize tax benefits. Optimal asset allocation can be complicated and confusing, even for knowledgeableColumbia, IL investors. Correct Capital’s team of Columbia, IL financial advisors has the data, research capabilities, and knowledge to allocate your money in a way that stimulates growth and mitigates risk.


Diversification

The only constant in the investment world is that there is no 100% accurate, perfect way to predict which stocks will rise in value in which will fall. Your Columbia, IL financial portfolio management team at Correct Capital will help strategize how to meet your goals with the understanding that diversification is a vital part of financial portfolio management. Having more types of assets and distributing your assets to various investments can help mitigate your exposure to risk.


Rebalancing

Sometimes fluctuations in the market lead a client’s preferred target allocation to stray for course. You may have started with a 70/30 high-risk to low-risk ratio, however changes in the market moved it to an 80/20 ratio. Our Columbia, IL financial portfolio management professionals will rebalance your portfolio to keep it in line with your risk tolerance and inspire strong long-term results.


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Why You Should Hire Correct Capital as Your Columbia, IL Financial Portfolio Management Advisors

At Correct Capital, we endeavor to design a financial portfolio management strategy for every Columbia, IL client that is as unique as their individual financial needs. We build a personal relationship with you to best understand how we can help you. We’ll analyze your income and spending to create a personalized budget and create optimal asset allocation. With our secure and easy-to-use online portal, you’ll be able to follow your wealth growth every day. Whether you’re trying to grow a fund for your children’s higher education, planning your retirement, making business transactions, or trying to leave as much behind for future generations as you can, our Correct Capital Columbia, IL financial advisors will help you meet your financial goals. As a fiduciary advisory firm, we are legally obligated to do what’s in your best interest. Call us today at 314-930-401K or contact us online.


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