The Impact of hemming&
At hemming& our approach embrace. educate. empower. allows us to make a powerful positive impact on investors’ lives. Today’s uncertainty is another reminder that working with hemming& can make a big difference in your overall wealth management.
When volatility strikes, whether soaring high or dipping low, hemming& is ready to assess the need to strategically rebalance your portfolio. Using a diversified investment portfolio puts your money in a range of different assets. In the long run, this approach has the potential to earn a higher rate of return based on the individual investor’s risk tolerance with financial goals in mind.
An emotional response can cause an individual investor to take on too much risk when momentum pushes returns higher, to buy only what is familiar, or hold on in hopes the investment will “bounce back”. For investors working on their own, it is not uncommon to buy high and sell low. Unfortunately, emotions may lead investors to make behavioral mistakes that can cost a significant loss of return.
hemming& analyzes the risk-to-return tolerance of individual portfolios and provides the decision-making needed on whether a rebalance is warranted. Behavior coaching is one of the most crucial parts of working with hemming&.
Investment management includes asset allocation, security selection and portfolio construction.
When investors opt to invest on their own, they often choose a strategy from what is known as a “robo-advisor”. This is a computer algorithm that tells them how to invest based on a series of questions. It does not include an opportunity to have a true client experience of learning and developing a more thorough investment plan.
Working with hemming& empowers the investor to attain financial goals. Beyond asset allocation models, hemming& uses a disciplined approach to select and replace investments that provide value through diversification, income and returns. Investors gain access to low-cost investment options that often have large investment minimums available through hemming&.
Financial planning starts with a comprehensive evaluation of an individual’s current financial state and future expectations. The main elements of a financial plan include a retirement strategy, a risk management plan, a long-term investment plan, a saving and spending plan, a tax reduction strategy, insurance, and an estate plan. At hemming&, each financial plan is strategically customized to reflect the individual’s personal and family situation, risk tolerance, and future expectations.
When it comes to taxes, hemming& understands it’s not always just about what is earned. It also includes, what is kept. Taxes can seriously erode returns. A tax-smart approach to a comprehensive wealth management plan is a considerable opportunity to add value.
Wealth management is an intentional, valuable process that keeps clients focused and on their financial course. hemming& believes in building relationships and focusing on empowering our clients and their families. Our commitment is to embrace. educate. empower. each member of our client family. Give us a call today and begin to experience the impact of working together with a TEAM that truly cares about you and your financial well-being.