Financial Portfolio Management Fairview Heights, IL. It can be complicated and tiring to oversee a wide variety of investments while also monitoring market fluctuations. Your experienced Fairview Heights, IL financial consultants at Correct Capital know how to handle 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 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 fortify you and your family’s future.
As the ultimate goal of financial portfolio management is to increase your wealth, you need fiduciary mindset Fairview Heights, IL 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 way that’s best for you and only you. We have worked together with hundreds of Fairview Heights, IL area residents and families to produce bespoke 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. An adept Fairview Heights, IL financial professional can provide 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 businesses also offer a cut of their profits to their investors as dividends.
- Bonds could be either corporate or governmental, and are in essence a loan an investor makes to a borrower. They are most often given as a way for the borrower to fund projects or operations. As the investor, you make money off of the interest payments on the loan.
- Cash and cash equivalents are either the funds 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 strategy that pools 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, 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 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 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 mentioned above. Stocks, bonds, and cash are typically 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 Fairview Heights, IL financial portfolio consultants at Correct Capital will help you understand how to position each kind of asset to meet your personal needs. As our Fairview Heights, 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 Fairview Heights, IL financial professionals will help you understand what investment strategies are best for you. We actively manage your investments to ensure your portfolio stays aligned with your financial goals.
Active Financial Portfolio Management
This investment approach typically requires daily decisions and transactions. While it is sometimes referred to as high-risk, our Fairview Heights, IL financial professionals know how to actively manage your account without compromising your preferred level of risk. The goal here is to beat market performance and to get you the highest possible return on your investments. You need savvy financial consultants 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 tailor-made guidance, our team of financial advisors will adapt with changes in the market to design a financial portfolio management plan tailor-made specifically for you and your Fairview Heights, IL family.
Passive Financial Portfolio Management
This is often referred to as a “hands-off” strategy, and it tries 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 Fairview Heights, IL investors choose a passive investment strategy, we consider ourselves active portfolio managers. The Fairview Heights, IL investment advisors at Correct Capital have the experience and knowledge to actively manage your money in order to optimize your money in the interest of keeping your wealth growing.
Key Concepts in Financial Portfolio Management
Risk Tolerance
The Fairview Heights, IL financial professionals at Correct Capital know that every Fairview Heights, 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 strategy. Fairview Heights, IL residents with a higher risk tolerance will be more willing to see fluctuations in their portfolio in the market, while individuals or families with a lower risk tolerance will want to see gains that may be lower, but will be steadier and more consistent. Our Fairview Heights, IL 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 blend of asset allocation will help your portfolio match your risk tolerance, safeguard against loss, and maximize tax benefits. Optimal asset allocation can be intricate and confusing, even for knowledgeable Fairview Heights, IL investors. Correct Capital’s team of Fairview Heights, IL financial advisors has the data, analysis capabilities, and experience 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 winning and losing stocks. Your Fairview Heights, IL 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 mitigate 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 Fairview Heights, IL financial portfolio management advisors will rebalance your portfolio to keep it in line with your risk tolerance and encourage 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 Fairview Heights, IL Financial Portfolio Management Advisors
At Correct Capital, we strive to design a financial portfolio management strategy for every Fairview Heights, IL client that is as unique as their individual financial goals. We build a personal relationship with you to enhance our understanding of 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 Fairview Heights, 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.
