Financial Portfolio Management Swansea, IL. It can be confusing and tiring to oversee a wide variety of investments while keeping an eye on market fluctuations. Your experienced Swansea, IL financial professionals 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 safeguard you and your family’s future.
As the ultimate goal of financial portfolio management is to increase your wealth, you need fiduciary mindset Swansea, IL financial portfolio management professionals you can trust. As we are unbiased and privately owned, we steer clear of conflicts of interest and are legally obligated to counsel you and manage your portfolio in a manner that’s best for you and only you. We have worked together with hundreds of Swansea, IL area residents and families to produce custom-tailored 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 Swansea, IL financial consultant can offer 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 offer a cut 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 typically given as a way for the borrower to finance 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 funds you already have in your account, or any asset that is easily converted into cash , including, for example treasury bills, short-term government bonds, marketable securities, or similar readily-convertible assets.
- Mutual Funds are an investment strategy that accumulates money from many investors and invests it in different securities, such as stocks, bonds, or other assets. They let individual investors 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 purchased 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 bought 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 task of overseeing a client’s finances in a way that meets their long-term goals and adheres to their risk tolerance. The trusted Swansea, IL financial portfolio professionals at Correct Capital will help you understand how to position each kind of asset to meet your personal needs. As our Swansea, IL clients entrust us with their future, 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
Contingent upon your specific needs, our Correct Capital Swansea, IL financial advisors will help you understand what investment strategies are best for you. We actively manage your investments to make sure your portfolio stays aligned with your financial goals.
Active Financial Portfolio Management
This method of investment typically necessitates daily decisions and transactions. While it is sometimes thought of as high-risk, our Swansea, IL financial advisors know how 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 best possible return on your investments. You need savvy financial advisors 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 experience and bespoke guidance, our team of financial consultants will adapt as the market changes to create a financial portfolio management plan personalized specifically for you and your Swansea, IL family.
Passive Financial Portfolio Management
This is often referred to as a ”set-at-and-forget-it” approach, and it endeavors 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 Swansea, IL investors favor a passive investment strategy, we consider ourselves active portfolio managers. The Swansea, IL 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 Swansea, IL financial consultants at Correct Capital are aware that every Swansea, IL client has their own life circumstances, and therefore their tolerance for or aversion to risk will be different. All investments carry some level of risk, but depending on your risk tolerance you may require a more active or a more passive financial portfolio management approach. Swansea, IL residents with a higher risk tolerance 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 be lower, but will be steadier and more consistent. Our Swansea, 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 mix 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 Swansea, IL investors. Correct Capital’s team of Swansea, IL financial advisors has the data, analysis capabilities, and experience to allocate your funds 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 Swansea, 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 manage risk.
Rebalancing
Sometimes fluctuations in the market trigger a client’s preferred target allocation to change. You may have started with a 70/30 high-risk to low-risk ratio, which due to changes in the market shift to an 80/20 ratio. Our Swansea, IL financial portfolio management consultants 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
- 401(k) For Small Business
Why You Should Hire Correct Capital as Your Swansea, IL Financial Portfolio Management Advisors
At Correct Capital, we strive to design a financial portfolio management strategy for every Swansea, 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 simple 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 Swansea, 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.
