Wealth Management in St. Charles, MO
Wealth Management in St. Charles, MO. Our financial health is about more than just being able to eat at our favorite restaurants; it has an effect on our mental well-being, the futures of ourselves and our families, and whether or not we attain our what we want the most in life. Correct Capital offers holistic wealth management services to St. Charles, MO individuals and families so they can be sure that their finances and future are not only secure but ideally positioned for long-term growth. Turn your goals into reality with Correct Capital's St. Charles, 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 St. Charles, MO wealth management team at Correct Capital do more than just manage your investments; we strive to be custodians of your wealth and financial life mentors. Many Americans don't often think about some important aspects of financial health; for example, only a third of Americans have a will. Investors in the U.S. have diversified portfolios that include equities, fixed income, cash, and more depending on how close they are to retirement and how much risk they are willing to take on. 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 St. Charles, MO have the experience, skill, diligence, and resources to help grow your wealth and live the life you want.
What is Wealth Management? | St. Charles, MO Wealth Management
Wealth management is a broad phrase that generally refers to how a financial advisor oversees every facet of a client's economic status to focus on the comprehensive care of their financial assets. All-inclusive wealth management in St. Charles, MO will provide meticulous financial advice, such as:
- Net worth determination to track your financial stability, evaluate where you may be spending too much, and pick out more useful and valuable places to put your money.
- Investing, investment advice, and portfolio management that strive to foresee changes in the market, diversify your assets, and mitigate risk so your wealth can grow.
- Estate planning so you can be sure that your St. Charles, MO family is taken care of 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 verify your assets are protected and there aren't any more affordable options.
- 401(k) services for business owners who want to reward their 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 make sure the money you've already saved is still working for you.
- Tax planning to reduce your liability and ensure you keep as much of your money as possible.
- Philanthropic planning so the results of your hard work can positively influence St. Charles, MO communities as well.
What to Look for in a Wealth Manager | St. Charles, 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 take custodianship of your wealth and the savvy, insight, and experience they will employ to do so. The following are eight questions you should ask when seeking a financial advisor for your wealth management in St. Charles, MO.
- What is their experience in wealth management? In any field, experience goes a long way in preparing someone to handle tricky situations. 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. It also means they'll have a wide network of relationships and resources.
- What qualifications do they have? The term "wealth manager" doesn't necessarily defer any qualifications to the person using it. A St. Charles, MO wealth management firm that really knows how to grow wealth will hold qualifications that are independently verifiable with independent agencies and overseeing bodies.
- Who is their average client? A wealth manager may meet a wide range of criteria, but you need to know that they can tailor their advice to your unique circumstances.
- What services do they provide? The best wealth management firms will be experts in all-inclusive services that go beyond portfolio management and retirement planning to take the totality of your life and financial assets into account.
- How do they communicate with you? Few people need to speak to your wealth manager every day, but you need to know that they're attentive, and that they're being upfront in the event that there is a conflict of interest.
- What tools do they have? Profitable wealth management is best achieved through on in-depth data and the latest digital platforms to properly gauge the market and analyze historical tendencies to predict what strategies and options are best for you.
- Are they independent? Many consultants that work at 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.
- Do they have a holistic view of wealth management? While optimizing asset allocation and maximizing returns are key facets of any wealth building strategy, true wealth management in St. Charles, 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 St. Charles, MO
At Correct Capital, our wealth management team has in excess of 7 decades of cumulative experience helping St. Charles, MO individuals and families meet their financial milestones and live the lives they want. We are a Registered Investment Advisor whose advisors include an Accredited Investment Fiduciary® and CERTIFIED FINANCIAL PLANNER ™ professionals, whose marks are attained through experience, education, passing exhaustivee exams, and keeping to high ethical standards. We serve families and individuals in addition to business owners in St. Charles, MO 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. When we first meet with you, 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 general opinion of your financial health. We'll create a financial plan for you, and actively manage it.
Other services we offer in St. Charles, MO include:
- Succession Planning
- Fiduciary Financial Advisor
- Company 401(k) Plans
- ESOP Advisor
- Self-Employed Retirement Plans
Wealth Management St. Charles, MO | Correct Capital
Our only aim is to get the best results we can for you, and we are legally and ethically required to do so. Trust is essential when it comes to your finances, so we hope you get to know us as we get to know you and your finances. We take pride in the fact that we help St. Charles, MO residents achieve their dreams and protect their family's future. For dedicated and knowledgeable wealth management in St. Charles, MO with a personalized touch, get in touch with Correct Capital today at 877-930-4015 or contact us online.
