Financial Portfolio Management in Millstadt, IL

Financial Portfolio Management Millstadt, IL. It can be complicated and tiring to oversee a wide variety of investments while keeping an eye on market fluctuations. Your experienced Millstadt, IL financial advisors at Correct Capital know how to oversee all of your investments. As a Registered Investment Advisor (RIA), we have access to a copious amount of research and investment solutions to ensure your wealth 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 Millstadt, IL financial portfolio management professionals you can trust. As we are objective and privately owned, we avoid conflicts of interest and are legally compelled to advise you and manage your portfolio in a manner that’s best for you and only you. We have worked together with hundreds of Millstadt, IL 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 Millstadt, IL financial consultant can provide portfolio management to better meet your goals. There are many investment opportunities 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 pay out a cut of their profits to their investors as dividends.
  • Bonds could be either corporate or governmental, and are basically a loan made from a borrower to an investor. They are most often given as a way for the borrower to pay for 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 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 different 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 bought 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 provide investors with 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 often 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 dependable Millstadt, IL financial portfolio advisors at Correct Capital will guide you in your understanding of how to position each type of asset to meet your unique needs. As our Millstadt, 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

Determined by your specific needs, our Correct Capital Millstadt, IL financial professionals will help you pick the best methods of investment 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 consists of daily decisions and transactions. While it is sometimes considered to be high-risk, our Millstadt, IL financial consultants know how to actively manage your account without jeopardizing 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 professionals and portfolio managers. As an RIA, Correct Capital has the tools and resources you need to optimize your portfolio. We follow market trends, changes to 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 create a financial portfolio management plan tailor-made specifically for you and your Millstadt, IL family.

Passive Financial Portfolio Management

This is often referred to as a “hands-off” strategy, and it attempts 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 Millstadt, IL investors choose a passive investment strategy, we consider ourselves active portfolio managers. The Millstadt, IL investment professionals at Correct Capital have the experience and knowledge to actively manage your money in order to optimize your money with the idea of keeping your wealth growing always at the forefront of our minds.

Key Concepts in Financial Portfolio Management

Risk Tolerance

The Millstadt, IL financial professionals at Correct Capital are aware that every Millstadt, IL client has their own life circumstances, and as such will have varying degrees of aversion to or tolerance for risk. All investments carry some amount of risk, but depending on your risk tolerance you may necessitate a more active or a more passive financial portfolio management strategy. Millstadt, IL residents with a lower risk aversion will be more willing to see fluctuations in their portfolio in the market, while clients with a lower risk tolerance will want to see gains that may not be as high, but will be steadier and more consistent. Our Millstadt, IL team of financial advisors will give you independent, objective, and unbiased direction 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 complicated and confusing, even for knowledgeableMillstadt, IL investors. Correct Capital’s team of Millstadt, 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 winning and losing stocks. Your Millstadt, 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 manage risk.


Rebalancing

Sometimes fluctuations in the market trigger 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 Millstadt, IL financial portfolio management advisors 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:


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

At Correct Capital, we endeavor to create a financial portfolio management strategy for every Millstadt, 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 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 see how your wealth is growing 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 Millstadt, 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 314-930-401K or contact us online.


Are you ready to experience the Correct Capital difference?

GET STARTED

Meet our team of financial advisors.

Our Team

Services We Offer