Wealth Management in Lake St. Louis, MO
Comprehensive Wealth Management to Help You Achieve Your Dreams
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 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 comprehensive wealth management services to Lake St. Louis, MO individuals and families so they can be sure that their money and future are not only secure but well-positioned 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 adequate income and financial certainty. Our Lake St. Louis, MO wealth management team at Correct Capital do more than just try to time the market; we consider ourselves caretakers of your wealth and financial life coaches. A lot of facets of financial health 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 incorporate equities, fixed income, cash, and more depending on how close they are to retirement and how much risk they are willing to take on. 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, skill, diligence, and tools 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 term that generally refers to how a financial advisor manages the entirety of of a client's finances in the interest of maintaining the overall guardianship of their financial assets. Holistic wealth management in Lake St. Louis, MO will provide thorough financial advice, such as:
- Net worth determination to trace your financial stability, see unnecessary spending, and pick out where you want it to go in the future.
- Investing, investment advice, and portfolio management that endeavor to foresee market fluctuations, create a balanced and diversified portfolio, and meet your risk tolerance so your wealth can grow.
- Estate planning so you can be sure that your Lake St. Louis, MO family is provided for once you're gone.
- Retirement planning so you don't have to worry about where your income will be coming from once you retire.
- Real estate transactions to determine if you're financially prepared for that new house or if real estate investing is a good fit for your finances and goals.
- Insurance planning to make sure your assets are protected and you're not spending too much.
- 401(k) services for business owners who want to see their employees financially secure is well.
- 401(k) rollover if you're moving to a new company 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 Lake St. Louis, MO communities as well.
How to Choose a Wealth Manager | Lake St. Louis, MO Wealth Management
Choosing a trustworthy and capable wealth manager is a serious task; you are in many ways entrusting them with your future. It's vital to make an informed decision and take into account the merits of both the financial advisors who will guard your wealth and the savvy, wisdom, and experience they use to do so. The following are eight important things to ask yourself before deciding on a financial advisor for your wealth management in Lake St. Louis, MO.
- What is their experience in wealth management? In any field, there's no better teacher than experience. 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 the best strategies for intermediate and long-term growth. It also means they'll have a vast network of relationships and resources.
- What designations 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 are independently verifiable with independent agencies and regulatory bodies.
- Who is their standard 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 provide? The best wealth management firms will be able to provide all-inclusive services extend far beyond investment 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 speak to your wealth manager every day, but you want to know that they're available when you need them, and that they're being honest in the event that there is a conflict of interest.
- What tools do they have access to? Successful wealth management depends on in-depth analytics and the latest technologies to properly assess the market and analyze historical trends to forecast what strategies and options are best for you.
- Are they independent? Many larger firms are limited 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. When a advisor 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 maximizing returns are essential facets of any long-term growth strategy, 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 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 awarded through experience, education, passing exhaustivee exams, and keeping to high ethical standards. We serve families and individuals as well as business owners in Lake St. Louis, MO with comprehensive financial planning. 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 the ideal vision you have for your life and your time horizon for meeting your goals. Then, we'll go over your income, savings, and how you're currently spending your money to get a comprehensive view of your financial health. We'll create a a long-term 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:
- 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
- Social Security Consultants Near Me
- Retirement Calculator
Wealth Management Lake St. Louis, MO | Correct Capital
We succeed when you succeed. Trust is crucial when it comes to your finances, 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 realize their dreams and improve their family's future. For dedicated and experienced wealth management in Lake St. Louis, MO with experts you can trust, get in touch with Correct Capital today at 314-930-401(k) or contact us online.