PORTFOLIO AND INVESTMENT ANALYSIS
What's working and what's not?
Portfolio management is as much about minimizing risk as it is about recognizing potential.
At Schulmerich & Associates Asset Management, LLC, we believe investment management is a process, not just another investment product. It is important to take a frequent look at the performance of the individual investments that make up your asset allocation plan and understand why each asset is in the portfolio and what you can expect from it.
Additionally, your investment plan should be based on how much risk you’re willing to take, how long it will be until you need the money and your goals for that money in the future. When it comes to investing, there are principles and strategies that can enable you to put together an investment portfolio that reflects your values. Understanding these principles and strategies can help you avoid some of the pitfalls that snarl some investors.
Where will your retirement money come from? How much do you need?
If you’re like most people, qualified- retirement plans, Social Security, and personal savings and investments are expected to play a role. Remember that retirement planning starts long before you retire -- the sooner, the better. Your “magic number,” the amount you need to retire comfortably, is highly personalized, but there are numerous rules of thumb that can give you an idea of how much to save. Once you have estimated the amount of money you may need for retirement, a sound approach involves taking a close look at your potential retirement-income sources to see how they can serve you over time.
We specialize in:
Do I need an estate plan?
When most people hear the words "estate planning" they usually think that wealthy individuals are the only ones who need it. But that is a fallacy. Regardless of how much money you have, it is important to think about what will happen to your assets and who should receive the things you own after you pass away.
An estate plan can be as simple as having a will and naming a beneficiary for your 401(k), or as complicated as having several trusts for different purposes in addition to your will. Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. At Schulmerich & Associates Asset Management, LLC, we want to be a partner and resource as you work with a qualified estate planner/attorney to implement your specific plan.
PERSONALIZED INVESTMENT ADVICE
What are your financial goals?
Simply stated, you need to decide what your financial priorities are. If you don’t know what you are trying achieve, you can’t know how to get there. Your goals are the most important part of your retirement plan, but sometimes the most overlooked.
Creating a life map involves a close review of your personal finances and an assessment of all other building blocks involved. Lifestyle priorities look at how to balance work and leisure, how to make smart choices for the future, and many other factors to help you “enjoy the journey". We'll also use your preferences and our understanding of economic conditions to adjust the mix of stocks and bonds in your account over time.We can help you navigate the complicated world of products and investments to ultimately implement solutions that are unique to your investment style.
Areas of focus:
-Active professional management
-Individually designed portfolios
-Asset allocation and diversification
-Assessing risk tolerance
SOCIALLY RESPONSIBLE INVESTING (ESG)
What is ESG investing?
Many investors today want to ensure the funds they are putting to work in the economy are going to companies that have a strong record of supporting our community, planet and employees. The old days of Socially Responsible Investing are long gone, replaced by a more modern approach, ESG investing, Environmental, Social, Governance. This approach takes into account the many facets of running a company and being active in our world. Simply put, it allows you to feel better about investing.
With the evolution of ESG investing, the products and services associated with this methodology have expanded greatly. You now have a diverse range of investment options.
Whether you want your entire portfolio to be ESG or just a portion of it, we have taken an active approach in making ESG portfolios an option for our clients.