Financial Portfolio Management Concord, MO. It can be confusing and tiring to control a wide variety of investments while also monitoring market fluctuations. Your experienced Concord, MO financial advisors at Correct Capital know how to handle all of your investments. As a Registered Investment Advisor (RIA), we have access to an abundance of research and investment solutions to make sure your money is growing as you need it to. Call us today at 314-930-401K or contact us online to create your ideal portfolio and fortify you and your family’s future.
As the ultimate goal of financial portfolio management is to increase your wealth, you need fiduciary mindset Concord, MO financial portfolio management professionals you can trust. As we are objective and privately owned, we steer clear of conflicts of interest and are legally required to offer you advice and manage your portfolio in a manner that’s the best thing for for you and only you. We have worked in concert with hundreds of Concord, MO area residents and families to design customized financial solutions and help grow their wealth, whatever their needs or goals may be.
What is Financial Portfolio Management?
A financial portfolio is the collection of your financial assets. A skilled Concord, MO financial professional can offer portfolio management to better meet your goals. There are many types of investments to consider:
- Stocks, or equities, are the shares you own of publicly traded companies. You will be able to sell some stocks for more than you bought them for as their value rises over time. Some corporations also pay out a cut of their profits to their investors as dividends.
- Bonds could be either corporate or governmental, and are in essence a loan made from a borrower to an investor. They are usually given as a way for the borrower to fund projects or operations. As the investor, you make a profit when the interest on the loan is paid back to you.
- Cash and cash equivalents are either the funds you already have in your account, or any asset 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 strategy that collects money from multiple investors and invests it in a variety of securities, such as stocks, bonds, or other assets. They allow individual investors to diversify their assets, usually have relatively low initial investment requirements, and can be purchased in partial shares or fixed dollar amounts. Mutual funds are managed by a fund manager, and shares are bought and sold at their closing price at the end of the day.
- Exchange Traded Funds (ETFs) are similar to mutual funds in that investments are pooled and they can help create a very diversified portfolio. ETFs can hold traditional assets such as stocks and bonds, or alternative assets like commodities. They offer investors access to a particular market segment and simultaneously provide diversification across the sector. ETFs are purchased and sold throughout the day as their prices fluctuate.
- Alternative assets are any assets not mentioned above. Stocks, bonds, and cash are usually considered 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 Concord, MO financial portfolio advisors at Correct Capital will guide you in your understanding of how to position each kind of asset to meet your individual needs. As our Concord, MO 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 Concord, MO financial consultants will help you understand what investment strategies are best for you. We actively manage your investments to ensure your portfolio and you financial goals stay synched.
Active Financial Portfolio Management
This method of investment usually consists of daily decisions and transactions. While it is sometimes thought of as high-risk, our Concord, MO financial consultants have the knowledge to actively manage your account without endangering your preferred level of risk. The goal here is to beat the performance of the market and to get you the best possible return on your investments. You need savvy financial professionals with up-to-date, in-depth research and analysis in order for this strategy to be successful. As an RIA, Correct Capital has the tools and resources you need to optimize your portfolio. We follow 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 knowledge and bespoke guidance, our team of financial advisors will adapt as the market fluctuates to design a financial portfolio management plan customized specifically for you and your Concord, MO family.
Passive Financial Portfolio Management
This is often referred to as a “hands-off” approach, and it attempts to match the performance of a particular market index with the idea being that your money grows slowly over time, trading off a potentially higher return with more certainty.
While some Concord, MO investors would rather have a passive investment strategy, we think of ourselves as active portfolio managers. The Concord, MO investment consultants at Correct Capital have the experience and knowledge to actively manage your money in order to optimize your investments with the idea of keeping your wealth growing always at the forefront of our minds.
Key Concepts in Financial Portfolio Management
Risk Tolerance
The Concord, MO financial advisors at Correct Capital know that every Concord, MO client is unique, and therefore their tolerance for or aversion to risk will be different. Every investment carries some amount of risk, but depending on your risk tolerance you may require a more active or a more passive financial portfolio management approach. Concord, MO residents with a higher risk tolerance will be more willing to see fluctuations in their portfolio in the market, while people with a lower risk tolerance will want to see gains that may be lower, but will be steadier and more consistent. Our Concord, MO team of financial advisors will give you independent, objective, and unbiased guidance 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, safeguard against loss, and maximize tax benefits. Optimal asset allocation can be complex and confusing, even for knowledgeable Concord, MO investors. Correct Capital’s team of Concord, MO financial advisors has the data, analysis 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, fool-proof way to predict winning and losing stocks. Your Concord, MO financial portfolio management team at Correct Capital will help plan 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 across various investments can help mitigate your exposure to risk.
Rebalancing
Sometimes fluctuations in the market lead a client’s preferred target allocation to change. 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 Concord, MO financial portfolio management consultants will rebalance your portfolio to keep it aligned with your risk tolerance and inspire strong long-term results.
Take a look at the links below to see what other financial services we offer:
- Succession Planning
- Fiduciary Financial Advisor
- Company 401(k) Plans
- ESOP Advisor
- Self-Employed Retirement Plans
- 401(k) For Small Business
- Small Business Retirement Plans
- Tax Planning
- Social Security Consultants Near Me
Why You Should Hire Correct Capital as Your Concord, MO Financial Portfolio Management Advisors
At Correct Capital, we strive to design a financial portfolio management strategy for each Concord, MO client that is as unique as their individual financial goals. 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 simple online portal, you’ll be able to track your wealth growth every day. Whether you’re trying to grow your children’s college fund, planning your retirement, making business transactions, or trying to leave as much behind for future generations as you can, our Correct Capital Concord, MO financial advisors will help you meet your financial goals. As a fiduciary advisory firm, we are legally compelled to do what’s in your best interest. Call us today at 314-930-401K or contact us online.
