Wealth Management in Concord, MO
Wealth Management in Concord, MO. Our financial health is about more than just getting to live in our dream house; it has an effect on our mental health, the the life our families will live and the legacy we'll leave, and whether or not we achieve our what's most important to us in life. Correct Capital offers A-Z wealth management services to Concord, MO individuals and families so they can can have peace of mind because their finances and future are not only safe but well-positioned for long-term growth. Turn your goals into reality with Correct Capital's Concord, MO wealth management services today by calling 877-930-4015 or by contacting us online.
While there are many reasons people seek wealth management services, the two most common are protecting wealth and ensuring sufficient income and financial security. Our Concord, MO wealth management team at Correct Capital do more than just manage your investments; we see ourselves as stewards of your wealth and financial life teachers. A lot of features of financial security are too often ignored; for example, only a third of Americans have a plan for what will happen with their wealth once they've moved on. People with the best financial health in the U.S. have diversified portfolios that include equities, fixed income, cash, and more depending on how close they are to retirement and risk tolerance. An experienced and knowledgeable wealth manager will help you create a diversified portfolio while considering everything from tax planning to insurance options. Correct Capital's wealth management advisors in Concord, MO have the wisdom, talent, commitment, and resources to help you get from where you are to where you want to go.
What is Wealth Management? | Concord, MO Wealth Management
Wealth management is a wide-ranging phrase that generally refers to how a financial advisor manages every facet of a client's economic status to focus on the comprehensive guardianship of their financial assets. Comprehensive wealth management in Concord, MO will provide in-depth financial advice, including:
- Net worth determination to trace your financial stability, analyze where you may be spending too much, and pick out where you want it to go in the future.
- Investing, investment advice, and portfolio management that attempt to predict changes in the market, create a balanced and diversified portfolio, and meet your preferred level of risk so your wealth can grow.
- Estate planning so you can be sure that your Concord, MO family is taken care of once you're gone.
- 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 right for you.
- Insurance planning to verify you, your family, and your assets can survive any surprises and that you're not spending too much.
- 401(k) advising if you run a business and want to see your employees financially secure is well.
- 401(k) rollover if you're changing jobs and want to make sure the money you've already saved is still working for you.
- Tax planning to reduce your liability and ensure you keep as much of your money as possible.
- Philanthropic planning so the fruits of your labor will benefit Concord, MO communities as well.
What to Look for in a Wealth Manager | Concord, MO Wealth Management
Choosing a trustworthy and capable wealth manager is a serious task; you are in many ways entrusting them with your future. You need to be able to trust both the people managing your money and the skills, insight, and experience they will employ to do so. Below are eight questions you should ask when seeking a financial advisor for your wealth management in Concord, MO.
- Do they have sufficient wealth management experience? In any industry, experience goes a long way in preparing someone to handle tough situations. The more experience a financial advisor has in wealth management, the more accustomed they'll be to market fluctuations, and they'll know the best strategies for intermediate and long-term growth. They'll also have a vast network of relationships and resources that you'll both be able to depend on.
- What qualifications do they have? The term "wealth manager" doesn't necessarily defer any qualifications to the person using it. A trustworthy and accomplished Concord, MO wealth management firm will hold qualifications that are independently verifiable with independent agencies and overseeing bodies.
- Who is their average client? A wealth manager may be qualified and have financial experience, but you need to know that they can tailor their financial counsel to your specific needs.
- What services do they provide? The best wealth management firms will be able to provide exhaustive services extend far beyond investment and retirement planning to take the all aspects of your life and financial assets into account.
- How do they communicate with you? Few people need to speak to your wealth manager every day, but you want to know that they're available when you have questions, and that they're being direct with you if any conflicts of interest arise.
- What tools do they have? In-depth analysis of historical trends and cutting edge technologies and digital platforms are essential to providing clients a wealth management strategy that can endure and capitalize on market fluctuations.
- Who do they work for? Many larger firms are bound to certain brokerages and might not be allowed to give you truly impartial advice or may not be able to offer you a full range of investment options. Independent firms have no such limitations, and you can be sure that they are recommending options that they truly believe in.
- Will they manage your wealth, or just your investments? While asset allocation and getting a great return on investment are essential features of any long-term growth strategy, true wealth management in Concord, MO develops a game plan that also includes your taxes, philanthropic planning, insurance, and a wide array of other parts of your financial health.
Correct Capital's Wealth Management Philosophy in Concord, MO
At Correct Capital, our wealth management team has in excess of 7 decades of cumulative experience helping Concord, 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 accomplished through experience, education, passing rigorous exams, and heeding high ethical standards. We serve families and individuals as well as business owners in Concord, MO with great financial strategies that work for them. As a fiduciary and an independent firm, our only obligation is proving you with expert, personalized, and dependable financial advice.
Your wealth manager is a kind of life coach. In our initial consultation, we'll discuss where you are and where you want to go. Then, we'll discuss your assets, liabilities, debts, income, and expenses to acquire a general feel for 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 Concord, MO include:
- 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
Wealth Management Concord, MO | Correct Capital
Your success is our success. Trust is key when it comes to your finances, so we hope you get to know us as we get to know you and your finances. We take pride in our ability help Concord, MO residents reach their dreams and enrich their family's future. For committed and knowledgeable wealth management in Concord, MO with a personalized touch, get in touch with Correct Capital today at 877-930-4015 or contact us online.
