If you are considering investing but aren’t sure how to meet your financial goals, speak with our La Crosse investment advisors.
An investment advisor is a type of financial advisor that will work with you to create a portfolio that will serve your goals. With their knowledge, they can guide you in achieving your financial dreams.
Don’t guess your way through investments, or put it off for years because it seems too complicated. Call Advisors Management Group today to start investing in your future at 608-782-0200.
What is an investment advisor?
La Crosse investment advisors are financial advisors that provide advice to help you manage your investments. They work with you to discover your financial goals, then develop an investment strategy that will help you meet those goals within your ideal timeframe.
Their work involves designing a portfolio made up of in stocks, bonds, and other securities, managing the portfolio on an ongoing basis, and seeing that your portfolio is adequately diversified.
To create the best financial plan for you, your financial advisor will need to understand your current financial situation, what investment strategy you are already using, your future goals, and your acceptable level of risk. Every individual requires a different strategy, and this assessment is key to creating that.
Advisors Management Group believes that every individual deserves an investment strategy as unique as they are. We learn as much about your financials as possible to make decisions the way we believe you would if you had our advisors’ skilled knowledge of investments. After all, working with an investment advisor shouldn’t be a one-size-fits-all approach. It should be adjusted regularly to adapt to changes in the market and your financial goals.
Once your portfolio is designed, we implement the investments and continue to manage the investments on an ongoing basis. This includes diversifying your portfolio, updating your investments to fit the market, and checking in to see if your financial goals have changed.
To get started with a La Crosse fiduciary investment advisor today, call (608) 782-0200 for a free consultation.
Fee-Only Registered Investment Advisors (RIA)
A registered investment advisor (RIA) is an investment advisor that is a fiduciary and is registered with either the U.S. Securities and Exchange Commission (SEC) or the state they are located in. They are held to a higher fiduciary standard than many other investment professionals as they are legally required to put their clients first.
Some advisors get paid a commission based on the investment they are recommending. This means that they may prioritize their commission over their client’s investment needs.
For example, you may be a low-risk investor, but your advisor may get a large commission for enrolling you in a high-risk investment. They may pressure you into investing in this fund regardless of your needs.
Fee-only RIAs, on the other hand, only get paid by their clients. Since you are the only one paying them, you are their first priority. Therefore, your interests are all they focus on when creating your investment portfolio.
How much does an investment advisor cost?
There are two ways that investment advisors can get paid: fee-only and fee-based.
While these sound similar, they are extremely different and can result in a very different level of responsibility to the client.
Fee-based means that an advisor gets paid via a fee from their client, as well as earning commissions from investments. They earn this commission on top of their fixed fee. They may also earn additional funds by selling their clients insurance or conducting a certain number of trades.
Fee-only RIA firms are client-focused because they only get paid an hourly fee, flat fee or a percentage of assets under management by their clients. This means that they have no hidden interests in promoting certain funds or selling additional materials that won’t benefit the client.
At Advisor’s Management Group, we are a fee-only RIA firm. We do not accept payment or commissions from funds, as this can cause a conflict of interest. Our focus is entirely on helping you make the most out of your money.
Ask your investment advisor how they get paid, including if they are paid a commission by any of the funds that they are recommending. If they do, should evaluate whether you want your advisor working only for you, or another company.
When should I work with an investment advisor?
Investment advisors can help you at any point in your investing. If you are just beginning, have already started investing, or are nearing retirement, an investment advisor can offer a skilled perspective on how to optimize your investments to make even more money. They will help put you on the right track so you can continue growing your wealth.
The sooner you start working with an investment advisor, the better for your finances. You are more likely to achieve your goals with a comprehensive strategy in place than with guesswork and unskilled attempts to invest on your own.
Improve your chances of reaching your financial dream before your goal date – hire a La Crosse investment advisor today.
Advisors Management Group Can Help
Advisors Management Group is a fiduciary investment firm that always puts the client first. Our advisors will help you create an investment portfolio that works for your goals, so you can relax while your money works for you.
If you are looking to take charge of your investments, call (608) 782-0200 today to speak with an investment advisor in La Crosse.
Learn more about the services we provide and how we can help.
Advisors Management Group will help you identify your risk tolerance to determine the right combination of stocks, bonds, and other securities for your portfolio.
A portfolio that isn’t optimized for your risk tolerance can cause you undue stress or earn you less than you were hoping.
Working with an investment advisor who understands your needs and goals means that your portfolio will be at the appropriate level of risk to earn you money without making you uncomfortable.
Diversification Of Investments
Diversifying your portfolio can manage the risk to your savings and opens you up to more potential to reach your goals.
Our La Crosse RIA advisors, diversify our clients’ investments to minimize volatility and maximize their rewards.
Working with a La Crosse investment advisor will allow you to focus on living your life while we manage your investments in the background. Our dedicated team, continues to work for you after we have developed your investment strategy. Since the market is ever-changing and your goals can shift, our La Crosse portfolio management advisors will continue to update your portfolio to match those changes.
Everyone has a financial goal. Whether it’s retiring at a certain age, saving for a house, or preparing for a new family member, Advisors Management Group is here to assist you in meeting that goal.
At Advisors Management Group, we put our clients first. We have your best interests at heart, so we keep working to help you meet your goals long-term.