Investor Coach
Traditional
financial planning causes much of the distress that people feel
in their financial lives. Why is this the case when it
seems so logical to hire a planner to escape our financial difficulties?
The root of the problem lies in the way planning is carried out.
Most planners do not get paid for being prudent, they get paid for selling products. The media and financial community often push planning as a solution to all of the investor’s problems. The underlying inference by the traditional financial planning community is that they are there to help bring peace of mind.
Aren’t planners part of the solution?
If you’re an investor, chances are you have worked with a broker or financial advisor hoping to solve your problems around investing. Unfortunately, many times the broker's advice will include proprietary products that pay them a higher commission and may not be the best thing for the client. Obviously not all planners treat their clients this way, but the industry at large is skewed against the investor, and when the temptation is great enough, even a good and honest person can end up being self interested.
A coach enables you to make prudent decisions about how much volatility and risk you want to incorporate into your portfolio. A good coach will enable you with tools and training to truly understand and measure diversification in your portfolio. Some common results that I see from the traditional financial planning process are fear, anxiety, confusion, complexity, and a reduced ability to take action on your own behalf. A coach helps you sort through all these very complex issues and maintain long-term discipline around the investing process. The solution is a coach that will educate and enlighten, creating clarity and confidence that can lead to peace of mind. You do not need to know everything if you have a coach teaching you the right things!
We will take you through a simple process to help you identify the biggest threats in your current investment strategy and holdings, in order to discover your biggest opportunities for growth. After engaging in our simple process you will learn:
How diversified you REALLY are. If you think diversification is important, don't you think you should be able to measure it?
The amount of fees you are paying in your current portfolio, including the hidden fees you probably don't even know exist. Fees are one area of investing you can control. Don't you think you should know exactly what is going on in your portfolio?
The historic best and worst case scenarios for your current portfolio. Do you know how much it could drop in any one to five year period?
How efficient your portfolio is in terms of the amount of return you can expect for your given risk level. Do you know where you fall on Markowitz's Efficient Frontier?
The amount of overlap you have in your portfolio. Are your mutual funds buying and selling the same stocks? If so, you may not have the level of diversification you think you do. How much are you paying these managers for redundant trading activity?
The Twenty Must Answer Questions for lasting peace of mind. You will learn and understand these questions and find answers to at least 10 of them in just the first two meetings.
Answering these questions, I believe, is the key to having true peace of mind in an uncertain world. If you would like a second opinion about your investment choices, fill in the form below to receive information or call me for a complimentary initial consultation at
1-888-448-4565
