Our Investment Philosophy
Even if you are new to investing, you may already know some of the fundamental principles. How did you learn them? Through ordinary, real-life experiences that have nothing to do with the stock market. For example, have you ever noticed that street vendors often sell seemingly unrelated products, such as umbrellas and sunglasses? Initially, that may seem odd. After all, when would a person buy both items at the same time? Probably never—and that’s the point! Street vendors know that when it's raining, it's easier to sell umbrellas, but harder to sell sunglasses. And when it's sunny, the reverse is true. By selling both items—in other words, by diversifying the product line—vendors can reduce the risk of losing money on any given day. In investing, this concept is called asset allocation, which simply means dividing your money among different asset classes such as stocks, bonds, alternative investments and cash. (Asset allocation does not ensure a profit or protect against a loss.)
At Randy Neumann Wealth Management, we use cutting-edge asset allocation strategies to create a customized portfolio, and we'll monitor your investments throughout your retirement to ensure that your changing needs are always being met.
We offer the following services to address various aspects of your financial plan:
- Design and implement a step-by-step retirement plan
- Create a portfolio of world-class money managers customized to meet your individual needs
- Provide investment advice on your current 401(k)
- Review your present and future insurance requirements
- Conduct optional meetings with your heirs to discuss your estate plan
- Provide you with a single access point to securely view all of your financial accounts, tax and legal documents, insurance policies and more through our online WealthVision™ system
Providing a Spectrum of Service and Advice
We believe you deserve the individual attention of a qualified advisor. In this world of voice mail, continuous mergers of financial institutions and financial media bombardment, we pride ourselves in providing personal service to our clients.
In addition to managing your portfolio, Randy will work hard to be your trusted advisor when you are faced with a variety of critical financial decisions such as when you can retire, how to invest your 401(k) or other employer-sponsored retirement funds, how to transfer your possessions to the next generation, and if you will have the financial freedom to do what you want once you retire.
We also strive to keep you informed of key issues regarding your investments or the financial markets in general by sharing our insights through weekly market commentary, quarterly newsletter, quarterly calls and annual review meetings.