Wealth Management in Madison County, IL
Holistic Wealth Management to Turn Your Dreams Into Reality
Wealth Management in Madison County, IL. Our financial health is about more than just getting to live in our dream house; it impacts our mental well-being, the futures of ourselves and our families, and whether or not we attain our life goals. Correct Capital offers holistic wealth management services to Madison County, IL residents so they can can have peace of mind because their finances and future are not only safe but well-positioned for long-term success. Turn your goals into reality with Correct Capital's Madison County, IL 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 ample income and financial security. Our Madison County, IL 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. Many Americans don't often think about some key particulars of financial security; 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 their time horizon and risk tolerance. A diversified portfolio that takes into account everything from tax planning to insurance options is an important thing to consider when managing your wealth. Correct Capital's wealth management advisors in Madison County, IL have the wisdom, talent, commitment, and resources to help grow your wealth and live the life you want.
What is Wealth Management? | Madison County, IL Wealth Management
Wealth management is a broad term that generally refers to how a financial advisor oversees the entirety of of a client's economic status to focus on the comprehensive care of their financial assets. All-inclusive wealth management in Madison County, IL will provide extensive financial advice, including:
- Net worth determination to track your financial stability, see superfluous expenses, and identify more useful and valuable places to put your money.
- Investing, investment advice, and portfolio management that endeavor to anticipate changes in the market, diversify your assets, and lessen risk so your wealth can grow.
- Estate planning so you can be sure that your Madison County, IL family is provided for once you're gone.
- Retirement planning so you can finally get the beach house and dream car, or just relax on the porch knowing you're financially secure.
- 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 verify your assets are protected and you're not overpaying.
- 401(k) services if you run a business and want to see your employees set up for retirement.
- 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 Madison County, IL communities as well.
How to Choose a Wealth Manager | Madison County, IL 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 people managing your money and the savvy, insight, and experience they use to do so. Here are eight important things to ask yourself before choosing a financial advisor for your wealth management in Madison County, IL.
- What is their experience in wealth management? 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 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 qualifications do they hold? Literally anybody can call themselves a "wealth manager." A Madison County, IL wealth management firm that really knows how to grow wealth will hold qualifications that can only be acquired by satisfying education and experience requirements 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 services to your unique circumstances.
- What services do they provide? The best wealth management firms will be experts in all-inclusive services extend far beyond portfolio management 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 have your wealth manager on speed dial, but you need to know that they're attentive, and that they're being direct if there is ever a conflict of interest.
- What resources do they utilize? In-depth analysis of historical tendencies and cutting edge technologies and digital platforms are vital to providing clients a wealth management strategy that can endure and capitalize on market fluctuations.
- Who do they work for? Many larger firms are restricted to certain brokerages and might not be allowed to give you truly objective 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 optimizing asset allocation and maximizing returns are key features of any financial advising services, true wealth management in Madison County, IL should include a complete view of your finances.
Correct Capital's Approach to Wealth Management in Madison County, IL
At Correct Capital, our wealth management team has more than 75 years of combined experience helping Madison County, IL individuals and families meet their financial goals and realize their dreams. We are a Registered Investment Advisor whose advisors include an Accredited Investment Fiduciary® and CERTIFIED FINANCIAL PLANNER ™ professionals, whose credentials are obtained through experience, education, passing rigorous exams, and observing high ethical standards. We serve families and individuals as well as business owners in Madison County, IL with comprehensive financial planning. As a fiduciary and an independent firm, our only interest is what's best for you.
Wealth management is a type of life management. In our first meeting, 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 obtain an overall feel for your financial health. We'll develop a a long-term plan for you, and actively manage it.
Other services we offer in Madison County, 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
- Social Security Consultants Near Me
- Retirement Calculator
Wealth Management Madison County, IL | Correct Capital
Our only goal is to offer you the best wealth management services we can, and we are legally and ethically bound to do so. 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 do what we do to help Madison County, IL residents attain their dreams and reinforce their family's future. For committed and knowledgeable wealth management in Madison County, IL with experts you can trust, get in touch with Correct Capital today at 314-930-401(k) or contact us online.