No two clients have the same story. The most important step in establishing an investment strategy is getting to know our clients and understanding what is important to them. We do this by asking questions so that we can appreciate where they are in their thinking.
- What are your financial goals?
- What is your risk-tolerance?
- Are you working, married?
- Do you have children?
- When would you like to retire?
We are knowledgeable on the many different types of retirement accounts, college funding accounts, individual and joint accounts, mutual funds, annuities, managed accounts and brokerage accounts (which can hold individual stocks and bonds).
It is important to note that we are not stock pickers or day traders. We leave individual security selection up to people who do that for a living, namely the people the fund companies hire to manage their funds—professional money managers. However, we do our homework on the money managers we work with to determine not only who has done well in the past, but why they are successful and are those reasons likely to persist in the future.
We receive compensation for our work either through commissions or fees. Your situation and personal thoughts will guide us to the appropriate compensation method.