Tag: portfolio management
How is Wealth Management Different at Fragasso?
Jason 0 Comments Retire Wealthy
Our financial advisors are not the sole
source of guidance for their clients, rather the firm participates and provides multiple
experts to support the advisor and the client. The commitment to team collaboration is ingrained
in our culture and process. This structure helps to mitigate any type of competition among our
advisors and more importantly it motivates all team members to assist for the benefit
of our clients and prospective clients. As we evaluate their unique situations each
prospective client with five hundred thousand dollars of investable assets or above receives
a complementary individualized financial plan. Once an advisor has gathered the pertinent
information our advisors and financial planning analyst teams draft an individualized plan. It is
then presented at our Friday morning analytical meetings. Every advisor, analyst, portfolio manager,
department manager and leaders are in attendance. You receive the best thinking of all of our
professionals on a strictly confidential basis. The group examining your plan collectively represents
over 350 years of financial industry experience.
Because we truly operate as a coordinated team
and our advisors are not competing with one another, we have open collaborative discussions
resulting in a comprehensive evaluation and recommendations from the perspective of all areas
of expertise focused on your unique circumstances. Over the years we have meticulously refined
and improved our client experience. This process always begins with a focus on the unique needs,
goals and challenges for each client.
We do not view the client experience as a single event
or something that is haphazard. It encompasses every aspect of the client relationship beginning
with the initial discovery meeting through the delivery of the financial analysis, followed by
individualized investment management strategies and the ongoing financial reviews for years to
come. Every step of the client experience has a singular focus that is helping clients pursue
their goals. These unwavering steps throughout our clients financial journey allow our team to
continually understand and address our clients financial and emotional needs. We are majority
owned by our employees through an employee stock ownership plan, an ESOP, thus our personnel have
a stake in your favorable financial outcomes. Employees contribute ideas, feel empowered and are
invested in the success of the firm. Our uniquely structured firm is comprised of a collaborative
management team consisting of the executive managers and department managers.
Fragasso has a
low staff turnover which translates to a higher level of expertise. You receive elevated client
service across each position within the firm, consistent long-term client advisor
relationships versus an advisor retiring. The ESOP ownership argues against the
firm being bought or closed entirely. A unique part of our client experience is
that our financial advisors welcome the opportunity to collaborate with your other
professional advisors such as your attorney, accountant and banker. The coordinated effort
between key advisors results in your affairs being arranged in true harmony rather than in
a vacuum. For example, your Investment Portfolio can impact your tax planning strategy and we
can proactively address tax loss harvesting. A change in beneficiary impacts your estate
plan from a legal and financial perspective..
Building Optimal Portfolios | Portfolio Blueprint 1 of 5 #investing #retirement
Jason 0 Comments Retire Wealthy Retirement Planning Tips for Retiree's
[Music] there's a lot of advice out there on what stock to buy or what fun to buy but at the end of the day you need to remember you're not buying a stock you're not buying a bond you're not buying a rental property what you're really trying to do is build a portfolio and the idea of a portfolio is that it's going to be greater than the sum of its parts these are the Investments the engine that drives your financial plan which ultimately generates your cash flow and retirement which also generates tax taxes that you'll want to minimize so we'll go over some examples of how your Investments can be used to not only generate income but also reduce your taxes what I want to cover first is a – tested investment philosophy and what this means is that there are a lot of different ways to invest and our belief here at pure is that you want to find a way to invest that's based on academic research and empirical evidence as well as logic because if you can do that then you can have controls in place to manage your emotions you can reduce your taxes and you can generate the cash flow that you need while still sleeping at night and that's going to give you a better chance of sticking with that investment philosophy through the inevitable ups and downs you're going to encounter as you walk that path as an investor what I want to begin with is key elements of proper portfolio construction and really it all begins with getting the return you need think about it this way if you're going on a vacation somewhere yes you want to get there as directly as possible if you're flying you want less flight delays if you're driving you want less traffic but really the first determinant of whether it's a good vacation is whether you reach your destination so the number one goal of investing is that you want to get the return you need that while taking as little risk as possible and what that is is having gone through your cash flow planning there's going to be a return that matches up with your financial goals if you don't get that return across the next years and decades well you're going to run out of money or you're not going to meet your goals so one of the tools that you can use for this is Broad diversification and that's owning Securities both at home here in the United States and abroad in other countries stocks and bonds real estate all different asset classes of course you're going to want to use research something that you can hang your hat on and say okay this is an approach that's worked over time now that's not a guarantee it'll work going forward but it's better than just guessing what the future might hold and then finally of course there's a lot of uncertainty out there there's politics there's the economy there's International Affairs all of those are beyond your control but there's also some factors that you can control on your journey to financial success
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