Wealth Management in Lake St. Louis, MO

Wealth Management in Lake St. Louis, MO Comprehensive Wealth Management to Turn Your Dreams Into Reality

Wealth Management in Lake St. Louis, MO. Our financial health is about more than just getting to live in our dream house; it has an effect on our emotional well-being, the futures of ourselves and our families, and whether or not we realize our what's most important to us in life. Correct Capital offers comprehensive wealth management services to Lake St. Louis, MO residents so they can can have peace of mind because their money and future are not only safe but set up for long-term success. Turn your goals into reality with Correct Capital's Lake St. Louis, MO wealth management services today by calling 314-930-401(k) 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 Lake St. Louis, MO wealth management team at Correct Capital do more than just try to time the market; we consider ourselves stewards of your wealth and financial life coaches. A lot of particulars of financial health are too often ignored; for instance, only 33% 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 incorporate equities, fixed income, cash, and more depending on how old they are 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, commitment, and resources to help grow your wealth and live the life you want.

Wealth Management Lake St. Louis, MO | Portfolio Management | Financial Advisors Near Lake St. Louis

What is Wealth Management? | Lake St. Louis, MO Wealth Management

Wealth management is a broad term that generally refers to how a financial advisor manages all aspects of a client's economic status to focus on the overall care of their financial assets. Full-scale wealth management in Lake St. Louis, MO will provide meticulous financial advice, such as:

  • Net worth determination to track your financial stability, analyze where you may be spending too much, and pinpoint more useful and valuable places to put your money.
  • Investing, investment advice, and portfolio management that attempt to foresee market fluctuations, diversify your assets, and mitigate risk in the interest of growing your wealth.
  • Estate planning so you can be sure that your Lake St. Louis, MO family is taken care of once you're gone.
  • 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 something worth exploring for you.
  • Insurance planning to verify 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 optimize the money you've already saved.
  • 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 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. You need to be able to trust both the financial advisors who will guard your wealth and the skills, wisdom, and experience they will employ to do so. The following are eight important things to ask yourself when seeking a financial advisor for your wealth management in Lake St. Louis, MO.

  1. 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 vast network of relationships and resources that you'll both be able to depend on.
  2. What qualifications do they have? Literally anybody can call themselves a "wealth manager." A Lake St. Louis, MO wealth management firm that really knows what it's doing will hold qualifications that can only be acquired by satisfying education and experience obligations and passing rigorous exams.
  3. Who is their average client? A wealth manager may meet a wide range of criteria, but they can only help you so much if they are not used to advising people in your situation.
  4. What services do they provide? The best wealth management firms will offer all-inclusive services extend far beyond tax planning and retirement planning to consider the full spectrum of your life, goals, and current financial health.
  5. Do they communicate well? It's likely unnecessary to speak to your wealth manager every day, but you need to know that they're approachable, and that they're being straightforward with you if any conflicts of interest arise.
  6. What tools do they utilize? Effective wealth management is best achieved through on in-depth data and state of the art technologies to correctly assess the market and analyze historical tendencies to predict your best options.
  7. Who do they work for? Many 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. Independent firms have no such restraints, and you can be sure that they are recommending options that they truly believe in.
  8. Will they manage your wealth, or just your investments? While asset allocation and maximizing returns are important features of any financial advising services, true wealth management in Lake St. Louis, 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 Lake St. Louis, MO

At Correct Capital, our wealth management team has over 7 decades of cumulative experience helping Lake St. Louis, MO individuals and families meet their financial goals and realize their dreams. Our firm is a Registered Investment Advisor whose advisors include an Accredited Investment Fiduciary® and CERTIFIED FINANCIAL PLANNERS ™, whose credentials are obtained through experience, education, passing exhaustivee exams, and adhering to 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, our only interest is what's best for you.

Your wealth manager is a kind of life coach. When we first meet with you, we'll discuss where you are and where you want to go. Then, we'll look over your income, savings, and any debts you have to acquire a comprehensive feel for your financial health. We'll generate a financial game plan 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:

Wealth Management Lake St. Louis, MO | Portfolio Management | Financial Advisors Near Lake St. Louis

Wealth Management Lake St. Louis, MO | 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 hope you get to know us as we get to know you and your finances. We do what we do to help Lake St. Louis, MO residents achieve their goals and protect their family's future. For devoted and experienced wealth management in Lake St. Louis, MO with experts you can trust, reach out to Correct Capital today at 314-930-401(k) or contact us online.


Are you ready to experience the Correct Capital difference?

GET STARTED

Meet our team of financial advisors.

Our Team

Services We Offer