What is financial planning?
Financial planning is a dynamic process where clients work with a professional to identify goals, examine resources, and develop a roadmap to achieve their financial objectives. Financial Planning means much more than just investing. It can provide comfort in knowing how to stay financially on track throughout many stages of life.
What is multi-asset investing?
Multi-asset strategies invest across different asset classes, such as bonds, commodities, real estate and shares.They can be a good option for investors seeking a flexible range of investment instruments to manage risk and pursue growth opportunities as the market environment changes. Unlike standard balanced funds, where performance success is measured against a specific benchmark, a multi-asset strategy focuses on a particular outcome – such as a targeted return above inflation The campaign also helps investors discover the common warning signs to look out for to avoid pension and investment scams. https://www.fca.org.uk/scamsmart
Do I need to have a certain portfolio value to work with you?
To have a full portfolio analysis, recommendations made, and plan created? No. To implement your plan together where you get the benefit of working with us on an annual basis, it is recommended that you have at least $100,000 in current investments.
What is the difference between asset allocation and diversification?
Asset allocation refers to the diversity of your entire savings and investment portfolio across asset classes. Stocks, bonds, cash and real estate are asset classes. Diversification refers to the types of investments held within each class. For example, both 3M and Union Pacific are high-cap equities in the Industrials sector. Because they’re in the same sector, these two stocks are likely to move up or down together. However, Tyson Foods is in the Consumer Staples sector. It is not likely to move in tandem with 3M or Union Pacific. Owning 3M and Tyson Foods provides diversification within the asset class of stocks. But that’s not enough. A portfolio that invests in multiple types of assets, not just stocks, is also important.
What is fiduciary responsibility and why is it important?
Fiduciary means to hold a confidence or trust. A financial services industry professional who has a fiduciary responsibility to his or her clients must put a client’s needs and interests ahead of his or her own. Financial Advisors have a fiduciary responsibility to their clients. While stockbrokers and insurance agents are regulated and licensed, they do not have a fiduciary responsibility to their clients. The recommendations they make must only meet the “suitability standard.” In other words, the risk level of the product must be suitable for the client based on income, assets, risk tolerance or another standard that is specified in the prospectus. Advisors with a fiduciary responsibility are less likely to push products that earn them a quick buck.
What is a time horizon?
Time horizon refers to the amount of time a person has to save for a particular event. For example, the time horizon for a college savings account might be 10 years for the parents of an eight-year old child, but 15 years for the parents of a three-year old. Likewise, the time horizon for a 30-year old saving for retirement might be 35 years, whereas it might be 15 years for a 60-year old who started saving late in life.
Get kind of answer
. Who are your typical clients?
• Anyone from business owners, executives and professionals, individuals and families • Corporations • 401(k)
What is a "professional client"; what is a "retail client"?
A distinction is made between professional and retail clients. This distinction is important with regard to clients' need for protection. Retail clients need more – and more descriptive – information about the investment products and the various risks. Professional clients, on the other hand, are familiar with financial instruments and investment services and would therefore find overly extensive information and clarification obligations inappropriate or even detrimental to business. The Government has issued an ordinance setting out the scope of these simplifications.
An asset management company must be established in what legal form?
The asset management company must be established in the legal form of a legal person – which includes trust enterprises and public European companies (Societas Europaea) – or a limited partnership or general partnership. Asset management by sole proprietorships (natural persons) is not permitted.
