Financial Portfolio Management Edwardsville, IL. It can be complex and tiring to manage a wide variety of investments while keeping an eye on market fluctuations. Your experienced Edwardsville, IL financial consultants at Correct Capital know how to manage all of your investments. As a Registered Investment Advisor (RIA), we have access to a copious amount of research and investment solutions to make sure your investments is growing as you need it to. Call us today at 877-930-4015 or contact us online to create your ideal portfolio and protect you and your family’s future.
As the ultimate goal of financial portfolio management is to increase your wealth, you need fiduciary mindset Edwardsville, IL financial portfolio management consultants you can trust. As we are client-centered and privately owned, we steer clear of conflicts of interest and are legally required to counsel you and manage your portfolio in a manner that’s the best thing for for you and only you. We have worked together with hundreds of Edwardsville, IL area residents and families to build 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. An adept Edwardsville, IL financial professional can supply portfolio management to better meet your goals. There are many kinds 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 portion 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 bankroll 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 any asset 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 collects money from several investors and invests it in assorted securities, such as stocks, bonds, or other assets. They permit individual investors to diversify their assets, often 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 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 give investors 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 covered 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 dependable Edwardsville, IL financial portfolio consultants at Correct Capital will help you understand how to position each type of asset to meet your individual needs. As our Edwardsville, IL clients put their financial future in our hands, we strive 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 Edwardsville, IL financial advisors will help you pick the best methods of investment for you. We actively manage your investments to make certain your portfolio and you financial goals stay synched.
Active Financial Portfolio Management
This method of investment most often involves daily decisions and transactions. While it is occassionally considered to be high-risk, our Edwardsville, IL financial advisors have the knowledge to actively manage your account without endangering your preferred level of risk. The objective 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 consultants and portfolio managers. As an RIA, Correct Capital has the tools and resources you need to optimize your portfolio. We observe 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 tailor-made guidance, our team of financial consultants will adapt with changes in the market to design a financial portfolio management plan customized specifically for you and your Edwardsville, IL family.
Passive Financial Portfolio Management
This is often referred to as a “hands-off” approach, and it tries to match 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 Edwardsville, IL investors prefer the idea of a passive investment strategy, we think of ourselves as active portfolio managers. The Edwardsville, IL investment professionals at Correct Capital have the experience and knowledge to actively manage your assets in order to optimize your assets with the idea of keeping your wealth growing always at the forefront of our minds.
Key Concepts in Financial Portfolio Management
Risk Tolerance
The Edwardsville, IL financial professionals at Correct Capital are aware that every Edwardsville, IL client has their own life circumstances, 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 need a more active or a more passive financial portfolio management approach. Edwardsville, IL residents with a lower risk aversion 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 Edwardsville, 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 give you the best tax benefits. Optimal asset allocation can be complicated and confusing, even for knowledgeable Edwardsville, IL investors. Correct Capital’s team of Edwardsville, IL financial advisors has the data, analysis capabilities, and knowledge to allocate your funds in a way that stimulates growth and mitigates risk.
Diversification
The only constant in the investment community is that there is no 100% accurate, guaranteed way to predict winning and losing stocks. Your Edwardsville, IL financial portfolio management team at Correct Capital will help strategize how to meet your goals with the understanding that diversification is a key part of financial portfolio management. Having more types of assets and distributing your assets across various investments can help lessen your exposure to risk.
Rebalancing
Sometimes fluctuations in the market trigger a client’s preferred target allocation to stray off 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 Edwardsville, IL financial portfolio management professionals will rebalance your portfolio to match your risk tolerance and stimulate 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
Why You Should Hire Correct Capital as Your Edwardsville, IL Financial Portfolio Management Advisors
At Correct Capital, we endeavor to build a financial portfolio management strategy for every Edwardsville, IL client that is as unique as their individual financial needs. We build a personal relationship with you to enhance our understanding of 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 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 Edwardsville, IL 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 877-930-4015 or contact us online.
