Financial Planning + 1 more
Date: April 19, 2021

Investment Management in Lakewood CO: Do You Need It?

Chances are you have heard of investment management in passing yet you might not fully understand what these two words mean.   Investment management is a strategic approach to assembling an investment portfolio comprised of stocks, bonds, mutual funds, and or alternative investments.  

If you have a healthy emergency fund and ample savings, you may want to convert some of your cash into investments through a carefully crafted investment management strategy. A professional Lakewood, CO financial advisor can help to implement a truly effective plan for you, ultimately liberating you to square your focus on your career, family, and hobbies.

Let’s discuss ways to get your financial life balanced. Contact The Normandy Group today!


The Basics of Investment Management

Building and managing a portfolio of stocks, mutual funds, ETFs, bonds, money market accounts, CDs and additional investments is easier said than done.  This is the type of project that requires a detailed analysis of a client’s retirement planning goals, the economy, investment options, and other considerations.  In short, you need a savvy financial advisor on your side, ideally, a Lakewood, Colorado CERTIFIED FINANCIAL PLANNER™ Professional, to spearhead investment management on your behalf.

The overarching purpose of investment management is to custom tailor an investment portfolio with an individual’s goals and risk tolerance in mind. The aim is to reduce volatility while giving investors the potential to expand wealth through an array of diverse investment vehicles. Lean on a CERTIFIED FINANCIAL PLANNER™ Professional to help you create a strategic investment management strategy that lives and breathes with you, one that is able to change in unison with your life events as well as the economy.

A prudent investment management strategy can also:

  • Help you reach your retirement goal in a timely manner
  • Set a financial foundation for your family in the event of your premature departure from this plane of existence
  • Mitigate your tax burden 

Whether you are a professional, a non-professional with savings, a small business owner, or a pre-retiree, you can greatly benefit from an investment management strategy with the guidance of a financial professional.


Be Careful When Selecting an Investment Manager

Your financial fate hangs in the balance when choosing an investment manager.  Choose wisely and your hard-earned money can set the stage for a truly enjoyable retirement.  Plenty of investment managers also serve as financial advisors, providing financial planning in addition to investment management.  This professional can help you develop a retirement plan, strategically manage your estate, mitigate risk through insurance strategies, and set the stage for truly rewarding golden years.  

Find a CERTIFIED FINANCIAL PLANNER™ Professional with the proper certifications, ask them about their experience managing investments for clients similar to yourself and carefully review the candidates before placing your trust and financial future in the hands of one of these professionals.


Investment Management Should be Tailored to Your Unique Financial Situation and Goals

Though investment managers do similar work, their clients are not exactly the same.  Your specific retirement goals and other financial aims are not the same as your neighbor’s, your co-worker’s, or others.  You need an investment manager to tailor an investment portfolio to your needs, suggest an optimal investment strategy, and get you on track to meet your retirement goals.  

Investment management is centered on ensuring the resulting portfolio is in accordance with each client’s specific goals, tolerance for risk, and priorities in the context of personal finance.  You deserve a custom-tailored investment management strategy, personalized to your specific financial situation and aims.  If you settle for anything less than individualized service, you may be doing yourself a disservice.


Investment Management in Action

The typical investment management firm mandates an investment account be established with their company or the custodian they utilize.  If you have accounts at another company, be it in the form of a taxable brokerage account or an IRA, your investment manager will help you transfer your funds appropriately.  This professional’s decisions are geared toward your specific financial situation, priorities, goals, and time frame.  

Your risk tolerance is determined before investment-related decisions are made.  Furthermore, the best investment professionals consider the tax implications of each investing decision to safeguard your nest egg and minimize the tax liability while managing your investments.


Investment Management Services 

Diversification and risk tolerance differs from one client to the next.  Regardless of whether you have a high tolerance for risk, low tolerance for risk, a retirement goal of a decade, or plan on staying in the workforce until age 75, you will need an investment manager on your side.  

Your investment manager will ask you a series of questions to determine your specific financial goals, preferences, priorities, and other nuances.  From inquiring about the amount of money you can afford to invest to pinpointing a potential retirement date, these questions are essential to understanding your unique financial position and vision for the future.  

With this information in mind, the investment manager develops a portfolio strategy unique to your specific needs and desires.  This professional carefully allocates your assets with the objective of reaching your set goals.  

Once the plan is established, the investment manager starts to invest your assets with your vision in mind.  Be patient, allow your portfolio to age and your investment manager will make adjustments in accordance with your unique plan.  

The CERTIFIED FINANCIAL PLANNER™ Professionals and Certified Estate Planners™ at The Normandy Group offer serious financial planning and investment management for today’s complex world.  By combining tax, financial, and estate planning strategies we can help you achieve your goals. Contact us today for a complimentary consultation.


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Derek Landis