Wealth Management in Clayton, MO
Wealth Management in Clayton, MO. Our financial health is about more than just having the lifestyle we want; it has an effect on our emotional health, the futures of ourselves and our families, and whether or not we attain our life goals. Correct Capital offers comprehensive wealth management services to Clayton, MO residents so they can be sure that their money and future are not only safe but ideally positioned for long-term success. Turn your goals into reality with Correct Capital's Clayton, MO wealth management services today by calling 314-930-401(k) or by contacting us online.
There are many motivations people have for looking for wealth management services, the most common being protecting wealth and ensuring sufficient income and financial certainty. Our Clayton, MO wealth management team at Correct Capital do more than just try to time the market; we consider ourselves custodians of your wealth and financial life mentors. Many particulars of financial security are too often ignored; for instance, only a third of Americans have a plan for what will happen with their wealth once they've moved on. Investors in the U.S. have diversified portfolios that include equities, fixed income, cash, and more depending on how close they are to retirement and how much risk they are willing to take on. A diversified portfolio that takes into account everything from tax planning to insurance options is an important thing to consider when managing your wealth. Correct Capital's wealth management advisors in Clayton, MO have the understanding, skill, dedication, and resources to help you get from where you are to where you want to go.
What is Wealth Management? | Clayton, MO Wealth Management
Wealth management is a wide-ranging phrase that generally refers to how a financial advisor manages all aspects of a client's economic status in the interest of maintaining the overall guardianship of their wealth. Holistic wealth management in Clayton, MO will provide extensive financial advice, including:
- Net worth determination to trace your financial stability, evaluate superfluous spending, and identify more useful and valuable places to put your money.
- Investing, investment advice, and portfolio management that endeavor to foresee changes in the market, diversify your assets, and mitigate risk in the interest of growing your wealth.
- Estate planning so you can leave a legacy for your Clayton, MO family.
- Retirement planning so you can feel at ease that your income will fit your desired lifestyle in your golden years.
- Real estate transactions to determine if you're financially prepared for that new house or if real estate investing is something worth exploring for you.
- Insurance planning to verify your assets are protected and you're not spending too much.
- 401(k) advising if you run a business and want to see your employees set up for retirement.
- 401(k) rollover if you're moving to a new company and want to optimize the money you've already saved.
- Tax planning to set aside as much money as you can for yourself, your family, future investments and other opportunities.
- Philanthropic planning so the results of your hard work will benefit Clayton, MO communities as well.
How to Choose a Wealth Manager | Clayton, MO Wealth Management
Entrusting your wealth and future to someone is not something to be taken lightly. You need to be able to trust both the people managing your money and the savvy, insight, and experience they will employ to do so. Here are eight important things to ask yourself when seeking a financial advisor for your wealth management in Clayton, MO.
- Do they have enough wealth management experience? In any field, experience goes a long way in preparing someone to handle complicated situations. The more experience a financial advisor has in wealth management, the the better idea they'll have of how to react to market fluctuations, and they'll know how to best time your investments and retirement funds for when you need them, whether that be in 5 years, 12 years, or 30. It also means they'll have a vast network of relationships and resources.
- What designations do they have? The term "wealth manager" doesn't necessarily indicate anything about the person using it. A dependable and seasoned Clayton, MO wealth management firm will hold qualifications that can only be acquired by fulfilling education and experience obligations and passing rigorous exams.
- Who is their standard client? A wealth manager may meet a wide range of criteria, but you need to know that they can tailor their financial counsel to your specific needs.
- What services do they offer? The best wealth management firms will be qualified to provide exhaustive services extend far beyond portfolio management and retirement planning to take the totality of your life and financial assets into account.
- Do they communicate well? You probably don't need to have your wealth manager on speed dial, but you need to know that they're responsive, and that they're being honest with you if any conflicts of interest come up.
- What resources do they have access to? Productive wealth management is best achieved through on in-depth data and the latest technologies to correctly evaluate the market and analyze historical tendencies to forecast your best options.
- Are they independent? Many wealth managers that work at larger firms are restricted to certain brokerages and are therefore limited in the investment opportunities they can offer you and might not give you completely unbiased advice. When a wealth manager is independent, they are looking out for your best interest and are not limited in the options they can present you with.
- Will they manage your wealth, or just your investments? While optimizing asset allocation and getting a great return on investment are key facets of any long-term growth strategy, true wealth management in Clayton, MO should include a complete view of your finances.
Correct Capital's Wealth Management Philosophy in Clayton, MO
At Correct Capital, our wealth management team has in excess of 75 years of cumulative experience helping Clayton, MO individuals and families make their finances work for them. Our firm is a Registered Investment Advisor whose advisors include an Accredited Investment Fiduciary® and CERTIFIED FINANCIAL PLANNER ™ professionals, whose qualifications are attained through experience, education, passing exhaustivee exams, and maintaining high ethical standards. We serve families and individuals as well as business owners in Clayton, MO with comprehensive financial planning. As a fiduciary and an independent firm, our only interest is what's best for you.
Wealth management is a kind of life management. When we first meet with you, we'll discuss the ideal vision you have for your life and your time horizon for meeting your goals. Then, we'll discuss your assets, liabilities, debts, income, and expenses to acquire a comprehensive opinion of your financial health. We'll create a financial roadmap for you, and then use the latest technologies and analytics to monitor it and make adjustments when necessary.
Other services we offer in Clayton, MO include:
- 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
- Retirement Calculator
- Retirement Planning
- Rollover 401(k)
Wealth Management Clayton, MO | Correct Capital
Your success is our success. We know that trust is the foundation of any relationship between a client and their wealth manager, so we will always be open, honest, and straightforward with you. We do what we do to help Clayton, MO residents reach their goals and enrich their family's future. For committed and accomplished wealth management in Clayton, MO with experts you can trust, reach out to Correct Capital today at 314-930-401(k) or contact us online.
