Wealth Management

Effective Wealth Management for All Stages of the Game

The game you play in the first quarter is entirely different from the game you play in the last quarter. That’s why we provide flexible coaching and customized wealth management strategies that adapt to your changing needs from one year to the next. We examine your individual needs and assets in the same way a coach learns about their players’ strengths and weaknesses; then, we develop a playbook that shows you how we can utilize those strengths and offset those weaknesses to help get you to your goal line.

colleagues discussing topic in office setting

As the game progresses, we’ll continue analyzing your progress, taking stock of how the game is going, and giving you those regular locker room pep talks to ensure we keep our game plan on track. If a strategy isn’t working, we’ll help you adapt and overcome—and, ultimately, come out victorious.

Balancing Offense with Defense

In any game, offense and defense are of equal importance. You can’t win if you don’t score, but you can’t win if you don’t protect that lead. At Centered Wealth Strategies, we help you build your assets and grow your wealth with a strong offense, while preserving your nest egg with a solid defensive strategy. Based on your time horizon and risk tolerance, we’ll adjust the balance between offense and defense over the years to help you keep scoring while holding onto that financial lead.

What Wealth Management Strategy Is Right for You?

Every investor has different goals and timelines. One might thrive playing defense and hedging their bets while another prefers the offense, even if they risk getting hurt in the process. You might be somewhere in between where you want to pursue some big wins while still protecting what you’ve accumulated. Our financial advisors can help you create a wealth management strategy that fits your style.
Your wealth management strategy will change over the years. There will be times when you’ll be more active, driving out to every game and hand-picking your team. There may also come a time when you prefer to sit on the bench and watch the game from the sidelines while hedging your bets. There’s nothing wrong with taking a step back and being an observer from time to time.

FAQs about Wealth Management Services

What Are the Benefits of Working with a Wealth Manager?

Having a wealth manager is like having a coach for your finances. A great coach doesn’t guarantee you’ll win the game, but you’ll improve your chances by having a strategy, training, and plenty of practice with an experienced team. When you work with our experienced wealth managers, instead of getting run-of-the-mill investment advice, you’ll get a financial strategy tailored to your situation and needs.

How Can I Reduce My Investment Risk?

You can’t win if you don’t play the game, but that doesn’t mean you need to take on unnecessary risks. Risk reduction strategies can protect you from investment losses, just like protective gear can save you from a serious injury. Our wealth advisors use diversification strategies and follow the investment objectives we’ve laid out together to protect your assets. It’s time to put on your helmet and step out onto the field. 

How Can I Maximize My Investment Returns?

There is more than one way to win the game. Some teams focus on putting up a vigorous defense, others prefer strengthening their offensive strategy. To maximize your returns, we use a comprehensive wealth management strategy. This includes playing the defense and minimizing your tax liability through tax-deferred investments, but it also includes focusing on the offense and pursuing the returns you’re looking for. 

What’s the Difference between Wealth Management and Financial Planning?

Financial planning is like the creation of a customized playbook that works for your situation and your goals. Wealth management involves creating and following the tactics that help you win each individual game. It’s all about translating the playbook to actionable steps when it’s time to buy and sell assets, or make other investment decisions. Wealth management companies like Centered Wealth Strategies can help you with both.

Meet with Your Wealth Management Coach

While it’s true that there’s a lot of investment advice out there, not all of it is tailored to meet your unique needs. Contact Centered Wealth Strategies today to begin building a customized financial playbook that will help to effectively guide your investment decisions through every stage of the game.