Now what do I do
Had all your eggs in one basket? Let us give you a hand diversifying your assets.
Do you ever go on vacation without a roadmap or directions? Or a plan of what you are going to see and do? Not likely, but most investors do not have a written investment plan, which is the roadmap for investing. Here is how we can help:
Step 1: Getting to know you
Listening to you is our priority and the first step toward understanding your financial goals and objectives. Whether planning for a comfortable retirement, for college for a child or grandchild, or for a financial legacy, it is vital for us to know the reason why you are investing in the first place.
Step 2: The right investment allocation
Based on your goals, we develop an effective investment allocation that fits your risk tolerance and time horizon. No matter what your goals, having the right investment mix to fit your plan is the key concept in financial planning and investment management.
Step 3: Hold down costs
We work to keep fees and expenses low to help maximize long term performance.
Step 4: Reduce the tax
Taxes are the single biggest expense in your investment portfolio. What matters most is not the "total return", but the return you keep. We increase your after-tax return by minimizing portfolio turnover and taking advantage of lower long term capital gains rates, by tax loss selling, and by putting your most highly taxed assets in tax deferred accounts when possible.
Step 5: Keep it diversified, keep it balanced
Diversification is a proven method to reduce portfolio risk, but over time, market movements can shift a portfolio off the intended path. Rebalancing is the process of realigning your portfolio back on target. We monitor your portfolio so that adjustments can be made as fluctuations occur, keeping your long term asset allocation consistent.