INVESTMENT MANAGEMENT

There are many options when it comes to investment management however; there is only one “Gold Standard”…the investment advisor.

“If you have more than $50,000 to invest, you should fire your broker and find an investment advisor.  Brokerage firms would like you to think that they perform the same functions as investment advisors. But they’re not the same as independent investment advisors. Brokers do not have a fiduciary duty—a legal obligation—to put your interests above his or the firm’s. An investment advisor’s fiduciary duty is on a higher plane, like that of a lawyer, a trustee, or the executor of an estate.” Arthur Levitt, Former Chairman of the Securities and Exchange Commission.

 

Once Upon a Time, you worked hard for a company for your entire life, your reward was a pension. Unfortunately the days of pensions are all but wrapped up, and many of the pensions that still exist no longer provide enough to retire on.

We have entered the world of Employer Contribution Plans, in other words we are left to save and plan for ourselves. With the complexities of investing many individuals choose their investments using the old eeny, meeny, miny, moe method.

It’s important to understand, how to diversify your accounts, to avoid high correlated funds, avoid over investment in a particular market sector. You also need to consider the fees that you are paying to your custodian, your investment or mutual fund Company, and your advisor. These costs add up and can cost you hundreds of thousands of dollars over the years.

At Wealth Guardian Group we manage our client’s assets in a manner to help them grow their assets, not slow it down. We utilize strategies that may reduce your tax burden, increase your income, and provide you with that peace of mind you need. Our clients have access to their accounts, both online and paper statements sent to their home.