Financial Portfolio Management Oakland, MO. It can be complex and tiring to oversee a wide variety of investments while keeping an eye on market fluctuations. Your experienced Oakland, MO financial advisors 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 money 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 grow your wealth, you need fiduciary mindset Oakland, MO financial portfolio management advisors you can trust. As we are independent and privately owned, we avoid conflicts of interest and are legally obligated 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 Oakland, MO area residents and families to create 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. A skilled Oakland, MO financial advisor 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. Some stocks will rise in value over time in hopes you can sell them for more than you bought them for. Some corporations also pay out a part of their profits to their investors as dividends.
- Bonds could be either corporate or governmental, and are basically a loan an investor makes to a borrower. They are usually 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 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 several investors and invests it in different securities, such as stocks, bonds, or other assets. They allow individual investors to diversify their assets, often times 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 provide investors with access to a particular part of the market while providing diversification across the sector. ETFs are purchased and sold throughout the day as their prices fluctuate.
- Alternative assets are any assets not listed 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 task of overseeing a client’s finances in a way that meets their long-term goals and adheres to their risk tolerance. The dependable Oakland, MO financial portfolio professionals at Correct Capital will help you understand how to position each kind of asset to meet your personal needs. As our Oakland, MO 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.
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Correct Capital Wealth Management's office is physically located in St. Louis, MO, but we serve clients throughout the United States in both personal financial planning and corporate retirement plans.
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Correct Capital’s Portfolio Management Strategy
Depending on your specific needs, our Correct Capital Oakland, MO financial advisors 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 consists of daily decisions and transactions. While it is sometimes referred to as high-risk, our Oakland, MO financial advisors know how to actively manage your account without jeopardizing your preferred level of risk. The goal here is to beat market performance 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 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 experience and personalized 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 Oakland, MO family.
Passive Financial Portfolio Management
This is often referred to as a “hands-off” approach, and it endeavors 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 Oakland, MO investors prefer the idea of a passive investment strategy, we consider ourselves active portfolio managers. The Oakland, MO investment advisors at Correct Capital have the experience and knowledge to actively manage your assets 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 Oakland, MO financial consultants at Correct Capital know that every Oakland, MO client has their own life circumstances, and therefore their tolerance for or aversion to risk will be different. 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 approach. Oakland, MO residents with a higher risk tolerance will be more willing to see fluctuations in their portfolio in the market, while clients with a higher risk aversion will want to see gains that may be lower, but will be steadier and more consistent. Our Oakland, 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 amalgam 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 Oakland, MO investors. Correct Capital’s team of Oakland, 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 community is that there is no 100% accurate, guaranteed way to predict winning and losing stocks. Your Oakland, 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 to various investments can help manage 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 Oakland, MO financial portfolio management advisors will rebalance your portfolio to keep it aligned 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 Oakland, MO Financial Portfolio Management Advisors
At Correct Capital, we endeavor to create a financial portfolio management strategy for each Oakland, 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 follow 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 Oakland, 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.