Financial Portfolio Management Westwood, MO. It can be confusing and draining to control a wide variety of investments while staying on top of market fluctuations. Your experienced Westwood, MO financial professionals at Correct Capital know how to manage all of your investments. As a Registered Investment Advisor (RIA), we have access to an abundance of research and investment solutions to ensure your investments is growing as it should. 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 Westwood, MO financial portfolio management advisors you can trust. As we are unbiased and privately owned, we avoid conflicts of interest and are legally obligated to offer you advice and manage your portfolio in a manner that’s best for you and only you. We have worked hand-in-hand with hundreds of Westwood, MO area residents and families to create 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. An adept Westwood, MO financial advisor 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. 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 essentially a loan an investor makes to a borrower. They are most often given as a way for the borrower to finance 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 strategy that collects money from multiple investors and invests it in a variety of 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 paid for 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 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 bought and sold throughout the day as their prices fluctuate.
- Alternative assets are any assets not mentioned above. Stocks, bonds, and cash are typically 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 Westwood, MO financial portfolio consultants at Correct Capital will guide you in your understanding of how to position each type of asset to meet your personal needs. As our Westwood, MO 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.
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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
Contingent upon your specific needs, our Correct Capital Westwood, MO financial advisors will help you pick the best methods of investment for you. We actively manage your investments to make sure your portfolio and you financial goals stay synched.
Active Financial Portfolio Management
This method of investment usually consists of daily decisions and transactions. While it is occassionally referred to as high-risk, our Westwood, MO financial advisors have the knowledge to actively manage your account without jeopardizing your preferred level of risk. The objective 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 advisors 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 professionals will adapt with changes in the market to design a financial portfolio management plan personalized specifically for you and your Westwood, MO family.
Passive Financial Portfolio Management
This is often referred to as a ”set-at-and-forget-it” 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 Westwood, MO investors prefer the idea of a passive investment strategy, we consider ourselves active portfolio managers. The Westwood, MO investment advisors at Correct Capital have the experience and knowledge to actively manage your investments in order to optimize your money in the interest of keeping your wealth growing.
Key Concepts in Financial Portfolio Management
Risk Tolerance
The Westwood, MO financial advisors at Correct Capital are aware that every Westwood, MO client is different, 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 need a more active or a more passive financial portfolio management strategy. Westwood, MO residents with a lower risk aversion 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 Westwood, MO 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 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 complex and confusing, even for knowledgeable Westwood, MO investors. Correct Capital’s team of Westwood, MO financial advisors has the data, analysis capabilities, and knowledge to allocate your investments in a way that stimulates growth and mitigates risk.
Diversification
The only constant in the investment world is that there is no 100% accurate, fool-proof way to predict which stocks will rise in value in which will fall. Your Westwood, 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 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 Westwood, MO 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 Westwood, MO Financial Portfolio Management Advisors
At Correct Capital, we strive to create a financial portfolio management strategy for every Westwood, MO 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 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 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 Westwood, 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.