Wealth Management in Richmond Heights, MO
Wealth Management in Richmond Heights, MO. Our financial health is about more than just being able to buy our dream car; it impacts our emotional health, the the life our families will live and the legacy we'll leave, and whether or not we realize our what's most important to us in life. Correct Capital offers holistic wealth management services to Richmond Heights, MO residents so they can be confident that their money and future are not only safe but well-positioned for sustained growth. Turn your goals into reality with Correct Capital's Richmond Heights, 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 sufficient income and financial certainty. Our Richmond Heights, MO wealth management team at Correct Capital are more than just investment advisors; we see ourselves as caretakers of your wealth and financial life mentors. Many Americans don't often think about some key facets of financial security; for instance, only 33% 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 are comprised of equities, fixed income, cash, and more depending on how close they are to retirement 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 Richmond Heights, MO have the wisdom, talent, dedication, and tools to help grow your wealth and live the life you want.
What is Wealth Management? | Richmond Heights, MO Wealth Management
Wealth management is a wide-ranging term that generally refers to how a financial advisor manages all aspects of a client's finances to focus on the overall guardianship of their wealth. Holistic wealth management in Richmond Heights, MO will provide in-depth financial advice, including:
- Net worth determination to track your financial stability, see superfluous expenses, and identify 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 meet your preferred level of risk so your wealth can grow.
- Estate planning so you can leave a legacy for your Richmond Heights, MO family.
- 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 something worth exploring 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 see their employees set up for retirement.
- 401(k) rollover if you're moving to a new company and want to optimize the money you've already saved.
- Tax planning to set aside as much money as you can for yourself, your family, future investments and other opportunities.
- Philanthropic planning so the fruits of your labor can positively influence Richmond Heights, MO communities as well.
Schedule a Meeting With an Advisor Today
Correct Capital Wealth Management's office is physically located in St. Louis, MO, but we serve clients throughout the United States in both personal financial planning and corporate retirement plans.
Schedule a 15-Minute Introductory Call
How to Choose a Wealth Manager | Richmond Heights, 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 take into account the merits of both the people managing your money and the savvy, insight, and experience they will employ to do so. The following are eight important things to ask yourself when looking for a financial advisor for your wealth management in Richmond Heights, MO.
- Do they have adequate wealth management experience? 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 how to best time your investments and retirement funds for when you need them, whether that be in 5 years, 12 years, or 30. It also means they'll have a wide network of relationships and resources.
- What qualifications do they have? Literally anybody can call themselves a "wealth manager." A dependable and seasoned Richmond Heights, MO wealth management firm will hold qualifications that can only be acquired by meeting education and experience obligations and passing rigorous exams.
- Who is their standard client? A wealth manager may meet a wide range of criteria, 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 offer 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? You probably don't need 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 if there is ever a conflict of interest.
- What resources do they have access to? Profitable wealth management is based on on in-depth analytics and the latest digital platforms to correctly evaluate the market and analyze historical tendencies to predict your best options.
- Are they independent? Many larger firms are restricted 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 wealth manager is independent, they are looking out for your best interest and are not limited in the strategies they can use in your favor.
- Do they have a comprehensive view of wealth management? While asset allocation and maximizing returns are important facets of any wealth building strategy, true wealth management in Richmond Heights, MO should include a complete view of your finances.
Correct Capital's Wealth Management Philosophy in Richmond Heights, MO
At Correct Capital, our wealth management team has in excess of 75 years of combined experience helping Richmond Heights, 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 accomplished through experience, education, passing thorough exams, and heeding high ethical standards. We serve families and individuals in addition to business owners in Richmond Heights, MO with great financial strategies that work for them. As a fiduciary and an independent firm, we are legally and ethically obligated to do what's best for you and only you.
Your wealth manager is a kind of life coach. 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 look over every facet of your finances to acquire a comprehensive opinion of your financial health. We'll generate 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 Richmond Heights, MO include:
- Succession Planning
- Fiduciary Financial Advisor
- Company 401(k) Plans
- ESOP Advisor
- Self-Employed Retirement Plans
Wealth Management Richmond Heights, MO | 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 do what we do to help Richmond Heights, MO residents realize their dreams and reinforce their family's future. For devoted and experienced wealth management in Richmond Heights, MO with a personalized touch, get in touch with Correct Capital today at 877-930-4015 or contact us online.
