Wealth Management

Why Wealth Management is Important

Individuals and families depend on the assets they have accumulated to be able to sustain them later in life – in retirement or the event of an unforeseen need. However, not everyone has the time to monitor and manage those assets. Even if you do have the time, you might not have the skills or patience to do so. Not managing your assets diligently over your accumulation phase could leave them exposed to erosion, destruction, and depletion. 

What We Can Do For You

Our Wealth 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 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 a prudent asset mix that can help as you work toward those goals.

  • Assisting you create a strategic asset allocation plan (SAAP) and tactical asset allocation plan (TAAP): Successful investing is all about successful planning. We’ll 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 and including them in a portfolio. However, that may not be the most efficient or effective way to create long-term wealth. Using the allocation mix agreed upon, we’ll build a results-focused portfolio of individual investments (Stocks, Bonds, Mutual Funds, ETFs, Alternate investments) that will help you to pursue 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, to keep it in line with 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 Wealth Management strategy includes appropriate risk mitigation as part of this service. If 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 Wealth 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.

SagePoint Financial is an independent securities broker-dealer that provides us with back office, technology, regulatory and operational support. Thanks to our association with the firm, we can offer you access to a wide range of diverse financial strategies and products. SagePoint is not in the business of creating and marketing their own investment products—their only “products” are service and support. This allows us to offer objective, independent investment advice, with no obligation to promote any particular investment. After all, we don’t work for SagePoint. We work for our clients.