Investment Management
Some of my clients may have created an investment plan in the past and feel confident with their current strategy. These clients are generally comfortable with their current financial position, but may want to optimize their current strategy or address updated goals or circumstances. Regardless of how we partner together, investment management for advisory clients includes the following:
Reviewing current investment portfolio and developing an asset management/allocation strategy
Providing recommendations designed to meet your stated goals and objectives, supported by relevant financial information
Providing portfolio risk reduction strategies, as appropriate
Staying connected to adjust your plan as your life changes, or if there are changes in the economic, political, or regulatory environment
Educating on general asset classes such as equities (both domestic and foreign), debt, government securities, and municipal securities, or general types of investment vehicles in which you may invest
Investment Planning Case Study
Situation:
Julie and Mark are looking to optimize their existing investments to reduce their portfolio risk while planning for retirement and to accumulate funds to send their son, Ben, to college.As mid-career professionals, they have built a solid financial foundation and accumulated investments through employer-sponsored retirement plans. They feel they are “doing the right things,” but haven’t revisited their strategy in a matter of years, so they are looking for a second opinion.
My proposal and targeted outcomes:
In a situation like this, the approach would be to begin with a full review of their existing portfolio to help them evaluate their risk and asset allocation, analyzing how these align with their retirement and college funding goals. The next step would be to develop an asset management strategy based on relevant financial data and aligned with their objectives, and we would design the plan to evolve over time if careers or education expenses change.In this scenario, my goal would be to maintain communication to review the portfolio’s progress. As they continue to work toward retirement, they would now have a clear path forward.
The solutions discussed may not be appropriate for your personal situation, even if it is similar to the example presented. Investors should make their own decisions based on their specific investment objectives and financial circumstances. It should not be assumed that the recommendations made in this situation achieved any of the goals mentioned. This example is hypothetical and does not represent any specific investments or strategies.
Advisory programs are not designed for excessively traded or inactive accounts and are not appropriate for all investors. During periods of lower trading activity, your costs might be lower if our compensation was based on commissions. Please carefully review the advisory disclosure documents for a full description of our services, including fees and expenses. The minimum account size for this program is varies.