Wealth Management in Fairview Heights, IL
Wealth Management in Fairview Heights, IL. Our financial health is about more than just being able to eat at our favorite restaurants; it has an effect on our mental well-being, the futures of ourselves and our families, and whether or not we attain our what we want the most in life. Correct Capital offers comprehensive wealth management services to Fairview Heights, IL individuals and families so they can can have peace of mind because their money and future are not only secure but ideally positioned for long-term growth. Turn your goals into reality with Correct Capital's Fairview Heights, IL wealth management services today by calling 877-930-4015 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 adequate income and financial security. Our Fairview Heights, IL wealth management team at Correct Capital are more than just investment advisors; we consider ourselves stewards of your wealth and financial life mentors. Many Americans don't often think about some important particulars of financial security; for instance, only a third of Americans have a will. People with the best financial health in the U.S. have diversified portfolios that are comprised of 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 aspect to consider when managing your wealth. Correct Capital's wealth management advisors in Fairview Heights, IL have the understanding, knowledge, commitment, and tools to help grow your wealth and live the life you want.
What is Wealth Management? | Fairview Heights, IL Wealth Management
Wealth management is an inclusive term that generally refers to how a financial advisor oversees every facet of a client's finances to focus on the overall guardianship of their wealth. Comprehensive wealth management in Fairview Heights, IL will provide in-depth financial advice, including:
- Net worth determination to track your financial stability, see where you may be spending too much, and identify more useful and valuable places to put your money.
- Investing, investment advice, and portfolio management that strive to anticipate 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 Fairview Heights, IL 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 that new house you've been looking at meets with your current finances, or if real estate investing is right for you.
- Insurance planning to make sure you, your family, and your assets can survive any surprises and that there aren't any more affordable options.
- 401(k) advising if you run a business and want to reward your best employees with a secure future and a range of investment and savings options.
- 401(k) rollover if you're taking advantage of an exciting new opportunity and want to make sure the money you've already saved is still working for you.
- Tax planning to reserve as much money as you can for yourself, your family, future investments and other opportunities.
- Philanthropic planning so the fruits of your labor will ensure prosperous Fairview Heights, IL communities as well.
How to Choose a Wealth Manager | Fairview Heights, IL Wealth Management
Entrusting your wealth and future to someone is not something to be taken lightly. It's essential to make an informed decision and consider the merits of both the people managing your money and the savvy, understanding, and experience they use to do so. Here are eight important things to ask yourself when seeking a financial advisor for your wealth management in Fairview Heights, IL.
- What is their experience in wealth management? In any industry, there's no better teacher than experience. The longer a financial advisor has been assisting clients 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 large network of relationships and resources that you'll both be able to depend on.
- What designations do they hold? The term "wealth manager" doesn't necessarily defer any qualifications to the person using it. A dependable and veteran Fairview Heights, IL 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 they can only serve you so well if they don't have experience with people who are in a similar situation as you.
- What services do they offer? The best wealth management firms will be qualified to provide comprehensive 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? It's likely unnecessary to speak to your wealth manager every day, but you need to know that they're accessible, and that they're being sincere if there is ever a conflict of interest.
- What tools do they have? In-depth analysis of historical tendencies and cutting edge technologies and digital platforms are essential to providing clients a wealth management strategy that can endure and capitalize on market fluctuations.
- Are they independent? Many wealth managers that work at larger firms are bound 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 firm 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 asset allocation and getting a great return on investment are key features of any wealth building strategy, true wealth management in Fairview Heights, IL 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 Fairview Heights, IL
At Correct Capital, our wealth management team has more than 75 years of cumulative experience helping Fairview Heights, IL individuals and families meet their financial milestones and live the lives they want. We are a Registered Investment Advisor whose advisors include an Accredited Investment Fiduciary® and CERTIFIED FINANCIAL PLANNER ™ professionals, whose credentials are accomplished through experience, education, passing thorough exams, and heeding high ethical standards. We serve families and individuals as well as business owners in Fairview Heights, IL with great financial strategies that work for them. As a fiduciary and an independent firm, our only interest is what's best for you.
Your wealth manager is a kind of life coach. In our initial consultation, we'll discuss the ideal vision you have for your life and your time horizon for meeting your goals. Then, we'll go over your assets, liabilities, debts, income, and expenses to get a general feel for your financial health. We'll develop a financial plan for you, and then use the latest technologies and analytics to monitor it and make adjustments when necessary.
Other services we offer in Fairview Heights, IL 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 Fairview Heights, IL | Correct Capital
We succeed when you succeed. We know that trust is the foundation of any relationship between a client and their wealth manager, so we look forward to building a long-term relationship together. We take pride in our ability help Fairview Heights, IL residents realize their goals and enrich their family's future. For committed and accomplished wealth management in Fairview Heights, IL with a personalized touch, call Correct Capital today at 877-930-4015 or contact us online.
