Asset Management
You and your family work hard to accumulate assets over a lifetime. The hope is that, when the time comes for you to leverage those assets, they’ll be there for you to benefit from. 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 depend on their accumulated assets to sustain them later in life. Examples include retirement or unforeseen needs. However, not everyone has the time to monitor and manage their assets. And even if you do have the time, you may not attain the skills or patience to do so. If assets are not adequately managed during the accumulation phase, there is risk exposure due to erosion, destruction, or depletion. The bottom line, you may not have the assets in times of need.
What We Can Do for You
Our Asset Management service covers:
- Determining your objectives: Not everyone has the same, or similar, financial objectives as they embark upon accumulating their 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 optimal asset mix: There are literally hundreds of asset-types that you can invest in, and as many ways to do so! Depending on your goals for asset use, we’ll help you choose the right asset mix that will most efficiently/effectively accomplish those goals.
- Assisting you in creating strategic and tactical asset allocation plans: Successful investing is all about successful planning. We will help create long-term (strategic) and short-term (tactical) asset allocation and management plans while focusing on your individualized risk tolerance.
- Building your portfolio: Today, thanks to DIY-investing, anyone can create a discount brokerage account and start buying assets and including them into a portfolio. However, that’s not the most efficient or effective way to create log-term wealth. Using the agreed-upon allocation mix, we’ll build a results-focused portfolio of individual investments (stocks, bonds, mutual funds, ETFs) that will help you achieve your financial objectives.
- Managing and monitoring the portfolio: Unless you have the time and patience to dedicate to portfolio management, it can’t be done effectively. We know you have other things to do – such as living your life, so we’ll watch over the portfolio for you, making sure it never strays from delivering the objectives you desire.
- Measuring performance: We track the performance of your assets under our care, and constantly measure how they are performing 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’ll 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.
