Wealth Management in St. Louis Hills, MO
Wealth Management in St. Louis Hills, MO. Our financial health is about more than just being able to eat at our favorite restaurants; it has an effect on our mental 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 comprehensive wealth management services to St. Louis Hills, MO residents so they can be sure that their money and future are not only protected but well-positioned for sustained growth. Turn your goals into reality with Correct Capital's St. Louis Hills, MO wealth management services today by calling 877-930-4015 or by contacting us online.
There are many motivations people have for looking for wealth management services, the most common being protecting wealth and ensuring adequate income and financial certainty. Our St. Louis Hills, MO wealth management team at Correct Capital do more than just try to time the market; we consider ourselves stewards of your wealth and financial life coaches. Many details of financial security are too often ignored; 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 incorporate equities, fixed income, cash, and more depending on how old they are 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 aspect to consider when managing your wealth. Correct Capital's wealth management advisors in St. Louis Hills, MO have the understanding, talent, diligence, and resources to help grow your wealth and live the life you want.
What is Wealth Management? | St. Louis Hills, MO Wealth Management
Wealth management is a wide-ranging phrase that generally refers to how a financial advisor oversees the entirety of of a client's economic status to focus on the comprehensive custodianship of their wealth. Comprehensive wealth management in St. Louis Hills, MO will provide in-depth financial advice, such as:
- Net worth determination to trace your financial stability, analyze unnecessary expenses, and pinpoint where you want it to go in the future.
- Investing, investment advice, and portfolio management that attempt to anticipate market fluctuations, create a balanced and diversified portfolio, and mitigate risk so your wealth can grow.
- Estate planning so you can be sure that your St. Louis Hills, MO family is taken care of 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 that new house you've been looking at aligns with your current finances, 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) advising if you run a business and want to reward your best employees with a secure future and a range of investment and savings options.
- 401(k) rollover if you're changing jobs 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 can positively influence St. Louis Hills, MO communities as well.
What to Look for in a Wealth Manager | St. Louis Hills, MO Wealth Management
Choosing a trustworthy and capable wealth manager is a serious task; you are in many ways entrusting them with your future. You need to be able to trust both the financial advisors who will guard your wealth and the savvy, understanding, and experience they will employ to do so. The following are eight important things to ask yourself before deciding on a financial advisor for your wealth management in St. Louis Hills, MO.
- Do they have enough wealth management experience? In any field, experience goes a long way in preparing someone to handle complex situations. The more experience a financial advisor has in wealth management, the the better idea they'll have of how to handle 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 far-reaching network of relationships and resources.
- What designations do they have? Literally anybody can call themselves a "wealth manager." A St. Louis Hills, MO wealth management firm that really knows how to grow wealth 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 be qualified to provide exhaustive 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 have your wealth manager on speed dial, but you want to know that they're there when you have questions, and that they're being honest 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 key to providing clients a wealth management strategy that can endure and capitalize on market fluctuations.
- Who do they work for? Many advisors 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. Independent firms have no such limitations, 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 important features of any long-term growth strategy, true wealth management in St. Louis Hills, MO should include a complete view of your finances.
Correct Capital's Approach to Wealth Management in St. Louis Hills, MO
At Correct Capital, our wealth management team has over 75 years of cumulative experience helping St. Louis Hills, MO 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 heeding high ethical standards. We serve families and individuals as well as business owners in St. Louis Hills, MO by using in-depth research and analytics to implement reliable strategies to help them get where they want to go. As a fiduciary and an independent firm, we are legally and ethically obligated to do what's best for you and only you.
Wealth management is a sort of life management. 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 an overall feel for your financial health. We'll develop a financial plan for you, and adjust it when changes in the market or your life deem it necessary.
Other services we offer in St. Louis Hills, MO include:
- Succession Planning
- Fiduciary Financial Advisor
- Company 401(k) Plans
- ESOP Advisor
- Self-Employed Retirement Plans
- 401(k) For Small Business
Wealth Management St. Louis Hills, MO | Correct Capital
We succeed when you succeed. We know that trust is the foundation of any relationship between a client and their wealth manager, so we hope you get to know us as we get to know you and your finances. We take pride in our ability help St. Louis Hills, MO residents achieve their goals and reinforce their family's future. For devoted and experienced wealth management in St. Louis Hills, MO with a personalized touch, get in touch with Correct Capital today at 877-930-4015 or contact us online.
