facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause

Fairfield Wealth Management

Importance of Choosing a Qualified Wealth Management Company

Your future comfort and security are mostly dependent on the skillful management of your financial portfolio. And, most high net worth individuals do not have the time nor ready information to manage their investments effectively.

Typically, successful executives and business owners focus their time and energy on maintaining their businesses while maneuvering through seasonal and economic fluctuations that drive business decisions. They are usually pressed for time to manage even daily priorities and cannot invest the effort to stay abreast of personal investments.

Other lucky souls have retired to relax and experience the pleasures of the region. These prefer to leave the responsibility of managing their finances and legacies to trusted wealth management companies in or around Fairfield CA.

What Do Capable Wealth Management Companies Offer to Fairfield CA Clients?

The world economy has been on an upward trend since the 2008 crisis that reduced portfolios by up to 50%. There are no guarantees for the future that this upward trend will continue. Proven investment advisors like Napa Wealth Management can help to balance your portfolio to secure gains with market rises while minimizing pain in falling cycles.

Understanding Your Financial Needs: Discovery

Assume you have investable assets over $1,000,000. Experienced wealth management companies will meet with their Fairfield CA clients to discuss their life situation and objectives. Issues about current finances, income sources and requirements, risk tolerance, and future expenditures will be addressed. A certified investment advisor can offer strategies to balance assets to reduce worry.

Balancing Risk and Reward

Assessing a client’s risk tolerance is an essential part of portfolio development. Generally, investments yielding the highest return are riskier. Portfolios consisting of only equities have a higher likelihood for double-digit gains in a given period. However, if the stock market drops substantially, as it did in 2008, the degree of reduction in value may be far more significant with stocks than with a bond portfolio.

Wealth management companies like Napa Wealth Manhttps://napawealth.comagement are monitoring key market trends and influencers and may be able to foresee “storm clouds” before they are apparent. As a result, they may recommend a rebalancing of your portfolio to balance risk exposure.

Maintaining Continual Communication

Continual communication is the hallmark of any successful wealth management company in or around Fairfield CA. Providing an update on market conditions can be reassuring for clients or recommendations to re-balance a portfolio to address market risks are important, especially when market conditions are becoming more uncertain.

Creating and Maintaining a Portfolio Balance

Napa Wealth Management has a proven track record of helping clients understand their options and managing portfolios according to personally designed strategies. The professionals at Napa Wealth Management are always prepared to help you reach your financial goals.

In Fairfield, call Napa Wealth Management for your free financial consultation at (707)-252-1343.

Want a better understanding of what a wealth manager should be doing for you?

Call us today at (707) 252-1343