Wealth Management
Wealth Management Working for You
Falling under the column of financial services that those who have larger estates may discuss, wealth management can be suitable for anyone who has a broad array of assets and needs to know how to handle them.
With our wealth management program, an advisor meets with you to determine what your goals are, and how you want to divide your estate. They then use information gleaned from that meeting to use a range of financial services and products to create a personalized strategy for every person.
Wealth Management Isn’t Just for the Wealthy
You can begin a wealth management strategy no matter how old you are. You do not need extensive assets to reap the benefit of wealth management. Once you have a significant disposable income, you may want to meet with a wealth management advisor to discuss the following:
- How to potentially preserve your investments when the economy takes a dive
- How to potentially grow your money with suitable investments
- How to work toward a solid retirement for you and your partners
- How to ensure that your inheritance goes to those you have chosen for it
There are many factors that play into your final wealth management plan, and age and marital status are just a few of them. With a solid plan in place, you can enjoy today while planning for your future.
Contact Us Soon
If you are ready to take control of your future and put your wealth where you want it to be, we can help. Call us or fill out our online form at Stratos Wealth Partners to set up a free consultation for your wealth management plan.
Stratos Wealth Partners and LPL Financial do not offer legal advice or services.
Wealth Management:
Why would someone use a wealth manager vs DIY?
Managing investments on your own can work for some, but it often requires significant time, research, and emotional discipline. A wealth manager can help provide professional oversight, personalized strategies, ongoing adjustments, and coordination with areas like taxes, retirement, and legacy planning.
What does wealth management consist of?
Wealth management consists of coordinating investments, taxes, retirement planning, risk management, estate and legacy planning, charitable gifting, and ongoing financial advice into a comprehensive strategy. The goal is to help clients make informed decisions, reduce unnecessary risk and taxes, and align their wealth with their long-term goals and values.
What are some unique investments a wealth manager can provide outside of a typical retail investor?
Beyond traditional stocks, bonds, and mutual funds, a wealth manager may provide access to institutional managers, alternative investments, structured products, tax-efficient strategies, and customized portfolio strategies that are often less accessible to the average retail investor. These strategies can potentially enhance diversification, income generation, tax efficiency, or long-term growth potential.
What are the costs of using a wealth manager?
The cost of using a wealth manager varies based on the scope of services and level of complexity, with fees often structured as an advisory percentage. In return, clients receive more than investment management alone — including personalized portfolio oversight, tax and retirement planning, risk management, estate and legacy planning, and ongoing guidance through changing markets and life events. The objective is to help clients save time, make smarter financial decisions, avoid common pitfalls, and keep their financial strategy aligned with their long-term goals.
All investing involves risk including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.