When looking to build wealth, one of the earliest questions people ask is, ‘what is investment management?’ At its core, investment management is a holistic term for the management of a group of assets. In most cases, it’s built on a strategy that’s designed to help you achieve your financial goals. Whether you’re looking to retire early, saving for your first home, or considering your first investments, wise management is essential.
In the most basic sense, investment management is the handling of a collection of assets, often called a portfolio. This portfolio may include savings accounts, stock purchases, money market accounts, or any number of other assets. During the management of this portfolio, a team of experts ensures that it’s helping you reach your financial goals, avoiding unnecessary risks, and properly protecting – and building – your wealth.
Beyond asking ‘what is investment management,’ it’s important to understand if – and why – you may need it. First and foremost, if you’re aiming to build generational wealth, investment management is crucial. And, with baby boomers owning more than half of the wealth in the US, it’s well past time to start planning your handoff.
Of course, the sooner you start building, the better, as interest accrues over time and helps to passively grow your wealth. But, interest often isn’t enough: you need savvy investments. By only placing your money into savings accounts, you can actually lose money over time, as inflation will outpace interest. Because of this, it’s incredibly important that you work with advisors to manage your wealth as early as possible.
At Wiser Financial Group, we work diligently on behalf of our clients to manage their financial futures. Charged with helping them achieve their financial goals, we take this responsibility very seriously. So, if you’ve been looking for help investing and managing your assets, don’t hesitate to reach out to us today.
If you’re eager to begin your financial journey, the team at Wiser Financial group is here to help.
Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Neither Kestra IS nor Kestra AS are affiliated with The Wiser Financial Group nor any other entity referenced herein. Neither Kestra IS nor its affiliates provide legal or tax advice and are not Certified Public Accounting firms.
Investor Disclosures https://www.kestrafinancial.com/disclosures
This site is published for residents of the United States only. Registered Representatives of Kestra Investment Services, LLC and Investment Advisor Representatives of Kestra Advisory Services, LLC, may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all of the products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact our Compliance department at 737-443-2582.
The above links are provided for your information only. As they are provided by third parties, Kestra Investment Services, LLC does not endorse, nor accept any responsibility for the content. Kestra IS does not independently verify this information, nor do we guarantee its accuracy or completeness.
*It is not possible to invest directly in an index. Exposure to an asset class represented by an index may be available through investable instruments based on that index. Past performance of an index is not an indication or guarantee of future results. Intent of this chart is to demonstrate equity market volatility and why it may make sense to seek professional advice when it comes to investing.