Investing on your own, particularly as assets grow and your financial situation becomes more complex, can be a challenge. That is when professional financial advice can help.
Because everyone is unique, we start with a clean slate and work with you to create and implement a goals-based investing plan using 4 key steps.
The first step in any journey is choosing the destination; therefore, our initial objective in building your investing plan is to understand your financial goals and dreams. Once we know a destination, then we can create an investing strategy to help get you there.
The discovery process includes activities like:
Defining your investment objectives & what you want to accomplish
Prioritizing your savings and investing goals
Aligning your investment goals with your financial plan
An investing strategy creates a framework for when, where and how you invest. Your strategy must address both short-term and long-term investing activities.
Crafting an investment strategy includes activities like:
Reviewing your current investments
Gauging your appetite for risk
Choosing the appropriate account types & investing style
Creating an Investment Policy Statement
An investment portfolio puts your investing strategy to work. Your Six8 Advisor will work with you to select the right accounts, money managers, investments, then coordinate setup and implementation.
Portfolio creation includes:
Selecting a custodian, strategist and money manager
Choosing the investments which fulfill your strategy
Completing account paperwork & transitioning existing assets
Scheduling routine maintenance such as, reallocation and rebalancing
Your financial goals change with time & as life happens; therefore, your investment strategies must change and adjust over time. Monitoring your portfolio and making adjustments is just as important as your initial planning.
Ongoing investing activities include:
Monitoring your investment accounts & reviewing your investment strategy
Reassessing investment direction and your approach to risk
Adjusting your strategy for life’s changes