Financial Portfolio Management Westwood, MO. It can be complicated and draining to oversee a wide variety of investments while staying on top of market fluctuations. Your experienced Westwood, MO financial advisors at Correct Capital know how to handle 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 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 Westwood, MO financial portfolio management consultants you can trust. As we are independent and privately owned, we steer clear of conflicts of interest and are legally obligated to offer you advice and manage your portfolio in a way that’s the best thing for for you and only you. We have worked together with hundreds of Westwood, MO area residents and families to construct customized 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 Westwood, MO financial consultant can supply 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. 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 part 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 typically 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 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 multiple investors and invests it in a variety of securities, such as stocks, bonds, or other assets. They let individual investors diversify their assets, often times 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 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 part of the market 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 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 professionals at Correct Capital will help you understand how to position each kind of asset to meet your unique needs. As our Westwood, 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.
Correct Capital’s Portfolio Management Strategy
Determined by your specific needs, our Correct Capital Westwood, MO financial consultants 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 method of investment usually necessitates daily decisions and transactions. While it is sometimes referred to as high-risk, our Westwood, MO financial consultants 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 advisors and portfolio managers. As an RIA, Correct Capital has the tools and resources you need to optimize your portfolio. We track 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 personalized guidance, our team of financial advisors will adapt as the market fluctuates to build 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 “hands-off” strategy, and it seeks to parallel 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 Westwood, MO investors favor a passive investment strategy, we think of ourselves as active portfolio managers. The Westwood, MO investment advisors at Correct Capital have the experience and knowledge to actively manage your money in order to optimize your investments in the interest of keeping your wealth growing.
Key Concepts in Financial Portfolio Management
Risk Tolerance
The Westwood, MO financial consultants at Correct Capital are aware that every Westwood, MO client is unique, 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 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 lower risk tolerance 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 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 experienced Westwood, MO investors. Correct Capital’s team of Westwood, MO 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 given 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 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 to various investments can help mitigate your exposure to risk.
Rebalancing
Sometimes fluctuations in the market lead a client’s preferred target allocation to stray off course. 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 Westwood, MO financial portfolio management consultants will rebalance your portfolio to keep it in line with your risk tolerance and stimulate 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
- Small Business Retirement Plans
- Tax Planning
- Social Security Consultants Near Me
Why You Should Hire Correct Capital as Your Westwood, MO Financial Portfolio Management Advisors
At Correct Capital, we strive to build a financial portfolio management strategy for each 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 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 Westwood, MO financial advisors will help you meet your financial goals. As a fiduciary advisory firm, we are legally obligated to do what’s in your best interest. Call us today at 877-930-4015 or contact us online.
