Wealth Management in O'Fallon, IL
Wealth Management in O'Fallon, IL. Our financial health is about more than just having the lifestyle we want; it has an effect on our emotional 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 comprehensive wealth management services to O'Fallon, IL residents so they can can have peace of mind because their money and future are not only protected but set up for long-term growth. Turn your goals into reality with Correct Capital's O'Fallon, IL 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 certainty. Our O'Fallon, IL wealth management team at Correct Capital are more than just investment advisors; we strive to be caretakers of your wealth and financial life teachers. Many Americans don't often think about some essential features of financial health; for instance, only a third of Americans have a plan for what will happen with their wealth once they've moved on. People with the best financial health 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 O'Fallon, IL have the experience, talent, commitment, and tools to help you get from where you are to where you want to go.
What is Wealth Management? | O'Fallon, IL Wealth Management
Wealth management is an inclusive phrase that generally refers to how a financial advisor manages the entirety of of a client's finances to focus on the comprehensive care of their financial assets. Comprehensive wealth management in O'Fallon, IL will provide extensive financial advice, including:
- Net worth determination to keep an eye on your financial stability, see where you may be spending too much, and pick out where you want it to go in the future.
- Investing, investment advice, and portfolio management that seek to foresee market declines, diversify your assets, and meet your preferred level of risk so your wealth can grow.
- Estate planning so you can be sure that your O'Fallon, IL family is provided for once you're gone.
- 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 something worth exploring 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 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 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 results of your hard work will ensure prosperous O'Fallon, IL communities as well.
What to Look for in a Wealth Manager | O'Fallon, IL Wealth Management
Entrusting your wealth and future to someone is not something to be taken lightly. It's imperative to make an informed decision and consider the merits of both the financial advisors who will take custodianship of your wealth and the savvy, wisdom, and experience they use to do so. The following are eight questions you should ask when seeking a financial advisor for your wealth management in O'Fallon, IL.
- What is their experience in wealth management? In any industry, experience goes a long way in preparing someone to handle complex situations. 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. It also means they'll have a wide network of relationships and resources.
- What designations do they hold? Literally anybody can call themselves a "wealth manager." A O'Fallon, IL wealth management firm that really knows how to grow wealth will hold qualifications that can only be acquired by fulfilling education and experience obligations and passing rigorous exams.
- Who is their typical client? A wealth manager may be qualified and have financial experience, but you need to know that they can tailor their advice to your specific needs.
- What services do they offer? The best wealth management firms will be qualified to provide 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? You probably don't need to speak to your wealth manager every day, but you need to know that they're approachable, and that they're being upfront in the event that there is a conflict of interest.
- What resources do they have? In-depth analysis of historical data and cutting edge technologies and digital platforms are vital to providing clients a wealth management strategy that can endure and capitalize on market fluctuations.
- Are they independent? Many consultants that work at larger firms are limited 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 consultan is independent, they are looking out for your best interest and are not limited in the strategies they can use in your favor.
- Will they manage your wealth, or just your investments? While asset allocation and maximizing returns are important features of any long-term growth strategy, true wealth management in O'Fallon, 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 Approach to Wealth Management in O'Fallon, IL
At Correct Capital, our wealth management team has in excess of 7 decades of combined experience helping O'Fallon, IL individuals and families make their finances work for them. We are a Registered Investment Advisor whose advisors include an Accredited Investment Fiduciary® and CERTIFIED FINANCIAL PLANNER ™ professionals, whose qualifications are attained through experience, education, passing rigorous exams, and keeping to high ethical standards. We serve families and individuals as well as business owners in O'Fallon, IL by using the latest technologies to implement sensible strategies to help them get where they want to go. 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 get to know where you are in life and what type of life you want to have. Then, we'll go over every aspect of your finances to acquire a general sense of your financial health. We'll develop a a long-term plan for you, and actively manage it.
Other services we offer in O'Fallon, IL include:
- Succession Planning
- Fiduciary Financial Advisor
- Company 401(k) Plans
- ESOP Advisor
- Self-Employed Retirement Plans
Wealth Management O'Fallon, IL | Correct Capital
Your success is our success. 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 the fact that we help O'Fallon, IL residents reach their dreams and enhance their family's future. For dedicated and accomplished wealth management in O'Fallon, IL with experts you can trust, get in touch with Correct Capital today at 877-930-4015 or contact us online.
