Financial Portfolio Management Concord, MO. It can be complicated and draining to manage a wide variety of investments while staying on top of market fluctuations. Your experienced Concord, MO financial advisors at Correct Capital know how to oversee all of your investments. As a Registered Investment Advisor (RIA), we have access to a wealth of research and investment solutions to make sure your wealth is growing as you need it to. Call us today at 877-930-4015 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 consultants you can trust. As we are unbiased and privately owned, we steer clear of conflicts of interest and are legally compelled to offer you advice and manage your portfolio in a manner that’s best for you and only you. We have worked hand-in-hand with hundreds of Concord, MO area residents and families to design custom-tailored 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 advisor 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 companies also offer a part of their profits to their investors as dividends.
- Bonds could be either corporate or governmental, and are essentially a loan an investor makes to a borrower. They are typically 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 money you already have in your account, or anything that is easily converted into cash such as treasury bills, short-term government bonds, marketable securities, or similar readily-convertible assets.
- Mutual Funds are an investment program that accumulates money from many investors and invests it in assorted securities, such as stocks, bonds, or other assets. They permit individual investors to diversify their assets, usually have relatively low initial investment requirements, and can be paid for 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 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 while providing diversification across the sector. ETFs are bought and sold throughout the day as their prices fluctuate.
- Alternative assets are any assets not covered above. Stocks, bonds, and cash are usually 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 task 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 consultants at Correct Capital will help you understand how to position each type of asset to meet your personal needs. As our Concord, MO clients put their financial future in our hands, 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 pick the best methods of investment 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 typically requires daily decisions and transactions. While it is occassionally thought of as high-risk, our Concord, MO financial professionals have the experience 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 highest 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 as the market fluctuates to create a financial portfolio management plan personalized specifically for you and your Concord, MO family.
Passive Financial Portfolio Management
This is often referred to as a ”set-at-and-forget-it” strategy, and it seeks 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 choose a passive investment strategy, we consider ourselves active portfolio managers. The Concord, MO investment consultants at Correct Capital have the experience and knowledge to actively manage your assets in order to optimize your assets in the interest of keeping your wealth growing.
Key Concepts in Financial Portfolio Management
Risk Tolerance
The Concord, MO financial consultants at Correct Capital know that every Concord, MO client is different, and as such will have varying degrees of aversion to or tolerance for risk. All investments carry some level of risk, but depending on your risk tolerance you may need a more active or a more passive financial portfolio management approach. Concord, MO residents with a lower risk aversion will be more willing to see fluctuations in their portfolio in the market, while individuals or families with a higher risk aversion 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 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 blend of asset allocation will help your portfolio match your risk tolerance, protect against loss, and give you the best tax benefits. Optimal asset allocation can be complicated and confusing, even for knowledgeable Concord, MO investors. Correct Capital’s team of Concord, MO financial advisors has the data, research capabilities, and knowledge to allocate your investments in a way that stimulates growth and mitigates risk.
Diversification
The only constant in the investment world is that there is no 100% accurate, guaranteed way to predict which stocks will rise in value in which will fall. Your Concord, MO financial portfolio management team at Correct Capital will help formulate a plan for 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 manage 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 match 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
Why You Should Hire Correct Capital as Your Concord, MO Financial Portfolio Management Advisors
At Correct Capital, we endeavor to build 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 create a personalized budget based on your spending and income and create optimal asset allocation. With our secure and easy-to-use online portal, you’ll be able to see how your wealth is growing 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 required to do what’s in your best interest. Call us today at 877-930-4015 or contact us online.
