Most people aren’t fully aware of what wealth management entails. At Truuwater Financial, we break it into five main categories: wealth preservation, wealth enhancement, wealth transfer, wealth protection, and charitable giving.
The first, wealth preservation, is investing your portfolio to last throughout retirement. This doesn’t mean, however, only investing conservatively. Rather, it involves designing a diversified portfolio with sufficient returns to fund your lifestyle and meet your financial goals. Your portfolio must take into consideration a variety of key factors, including your individual risk tolerance, current and future income, total expenses, and other assets you own. Contact our office today to review your portfolio and make sure it is built for your risk and return needs.