Wealth Management in Lake St. Louis, MO
Wealth Management in Lake St. Louis, MO. Our financial health is about more than just being able to buy our dream car; it impacts our mental well-being, the futures of ourselves and our families, and whether or not we achieve our what we want the most in life. Correct Capital offers A-Z wealth management services to Lake St. Louis, MO residents so they can can have peace of mind because their finances and future are not only secure but ideally positioned for sustained growth. Turn your goals into reality with Correct Capital's Lake St. Louis, 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 ample income and financial security. Our Lake St. Louis, MO wealth management team at Correct Capital do more than just manage your investments; we see ourselves as caretakers of your wealth and financial life teachers. Many details of financial health are too often ignored; for instance, only a third of Americans have a will. Investors in the U.S. have diversified portfolios that incorporate 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 Lake St. Louis, MO have the wisdom, expertise, diligence, and resources to help grow your wealth and live the life you want.
What is Wealth Management? | Lake St. Louis, MO Wealth Management
Wealth management is a wide-ranging phrase that generally refers to how a financial advisor organizes every facet of a client's finances in the interest of maintaining the comprehensive custodianship of their wealth. Holistic wealth management in Lake St. Louis, 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 pinpoint where you want it to go in the future.
- Investing, investment advice, and portfolio management that endeavor to anticipate market declines, diversify your assets, and mitigate risk in the interest of balancing your investments with your time horizon.
- Estate planning so you can leave a legacy for your Lake St. Louis, MO family.
- Retirement planning so you can live the life you want and are financially secure once you've left the workforce.
- 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 your assets are protected and you're not spending too much.
- 401(k) services for business owners who want to reward their 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 lower your liability and ensure you hold onto as much of your money as possible.
- Philanthropic planning so the fruits of your labor will ensure prosperous Lake St. Louis, MO communities as well.
How to Choose a Wealth Manager | Lake St. Louis, MO Wealth Management
Entrusting your wealth and future to someone is not something to be taken lightly. It's vital to make an informed decision and consider the merits of both the financial advisors who will take custodianship of your wealth and the savvy, insight, and experience they use to do so. Here are eight important things to ask yourself when looking for a financial advisor for your wealth management in Lake St. Louis, MO.
- Do they have sufficient wealth management experience? In any field, there's no better teacher than experience. The more experience a financial advisor has in wealth management, the more accustomed they'll be to market fluctuations, and they'll know how to best position your wealth for your time horizon, whether that be in 5 years, 12 years, or 30. They'll also have a wide network of relationships and resources that you'll both be able to lean on.
- What qualifications do they hold? Literally anybody can call themselves a "wealth manager." A Lake St. Louis, MO wealth management firm that really knows how to grow wealth will hold qualifications that can only be acquired by satisfying education and experience obligations and passing rigorous exams.
- 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 advice to your unique circumstances.
- What services do they provide? The best wealth management firms will be experts in all-inclusive services that go beyond tax planning and retirement planning to consider the full spectrum of your life, goals, and current financial health.
- How do they communicate with you? It's likely unnecessary to have your wealth manager on speed dial, but you need to know that they're approachable, and that they're being direct if there is ever a conflict of interest.
- What resources do they have access to? Productive wealth management is based on on in-depth data and state of the art technologies to properly evaluate the market and analyze historical tendencies to predict what strategies and options are best for you.
- Are they independent? Many consultants that work at larger firms are tied to certain brokerages and are therefore limited in the investment opportunities they can offer you and might not give you completely unbiased advice. Independent firms have no such restraints, and you can be sure that they are recommending options that they truly believe in.
- Do they have a comprehensive view of wealth management? While asset allocation and maximizing returns are important aspects of any financial advising services, true wealth management in Lake St. Louis, MO should include a complete view of your finances.
Correct Capital's Wealth Management Philosophy in Lake St. Louis, MO
At Correct Capital, our wealth management team has over 75 years of combined experience helping Lake St. Louis, MO individuals and families meet their financial milestones and live the lives they want. Our firm is a Registered Investment Advisor whose advisors include an Accredited Investment Fiduciary® and CERTIFIED FINANCIAL PLANNER ™ professionals, whose credentials are awarded through experience, education, passing thorough exams, and maintaining high ethical standards. We serve families and individuals in addition to business owners in Lake St. Louis, MO by using in-depth research and analytics to implement sensible strategies to help them get where they want to go. As a fiduciary and an independent firm, we are legally and ethically obligated to do what's best for you and only you.
Wealth management is a kind of life management. In our first meeting, we'll get to know where you are in life and what type of life you want to have. Then, we'll discuss every aspect of your finances to get an overall opinion of your financial health. We'll generate 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 Lake St. Louis, 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 Lake St. Louis, MO | Correct Capital
Our only objective is to offer you the best wealth management services we can, and we are legally and ethically bound to do so. Trust is crucial when it comes to your finances, so we look forward to building a long-term relationship together. We take pride in the fact that we help Lake St. Louis, MO residents realize their dreams and enhance their family's future. For dedicated and talented wealth management in Lake St. Louis, MO with experts you can trust, get in touch with Correct Capital today at 877-930-4015 or contact us online.
