Asset Management
You and your family work hard to accumulate assets over a lifetime. When the time comes for you to leverage those assets, the hope is they will provide real benefit. Asset Management service is all about helping you manage your financial assets, using a prudent and conscientious approach.
Why Asset Management is Important
Individuals and families rely on the assets they accumulated over the years, to sustain them later in life, whether in retirement or during an unexpected need; however, not everyone has the time to monitor and manage those assets. Even if you have the time, you might not have the skills and patience. If you do not manage your assets diligently over your accumulation phase, you could leave them exposed to erosion, destruction or depletion. The result: You might not have those assets or a significant portion of them in times of need.
What We Can Do for You
- Determining your objectives: Not everyone has the same, or similar, financial objectives as they accumulate wealth. To manage your assets prudently, we first need to understand what your goals are for initially accumulating, and subsequently using, those assets.
- Helping you choose your appropriate asset mix: Hundreds of asset types are available for investment purposes, and there are many ways to allocate them. Depending on your goals for asset use, we will help you choose the right asset mix that will efficiently/effectively accomplish those goals.
- Helping you create a strategic asset allocation plan (SAAP) and tactical asset allocation plan (TAAP): Successful investing is all about successful planning. We will help create both long-term (strategic) and short-term (tactical) asset allocation and management plans in line with the recommended asset mix.
- Building your portfolio: Today, thanks to DIY-investing, anyone can create a discount brokerage account and start buying assets to include in a portfolio; however, that is not the most efficient or effective way to create long-term wealth. Using the allocation mix agreed upon, we will build a results-focused portfolio of individual investments (stocks, bonds, mutual funds, ETFs, alternate investments) that helps you reach your financial objectives.
- Managing and monitoring the portfolio: Unless you have the time and patience to dedicate to portfolio management, it cannot be done effectively. We know you have other things to do, such as living your life, so we will watch over the portfolio for you, working to help you achieve the objectives you desire.
- Measuring performance: We track the performance of your assets under our care and constantly measure how they perform against industry-recognized benchmarks.
- Managing risk: Our Asset Management strategy includes appropriate risk mitigation as part of this service. Where there are new risks to the portfolio, we will consult with you and propose timely and appropriate actions to manage and mitigate them.
- Reviewing, reporting, recommending changes and revisions to the strategy: Our Asset Management service is based on constant and open communication and collaboration with our clients. Through regularly scheduled reporting and conversations, we ensure that your asset management plans are continually reviewed, revised, and updated to meet your changing circumstances.
*Asset allocation does not ensure a profit or protect against a loss.
