Why Might I Want to Invest With a Professional Wealth Manager?


This material was prepared for the use of Randy Neumann Wealth Management.

Unlike decades gone by when financial information was housed and available only through your bank or your accountant or financial advisor’s file cabinet, today financial information is everywhere. Scores of ads via email, social networks and media tout  “gurus” offering you free information on how to grow your money. Banks offer low-cost loans and mortgage advice. Even Google offers information on how to retire at any age.

Randy Neumann Wealth Management Saddle River NJ

How do you know what’s true, effective and honest?

That’s a question many people ask.  Let’s look at some rationale for entrusting your wealth or financial management to a Professional Wealth Manager:

First, What is Wealth Management?
A wealth manager is focused on working toward both short and long-term growth strategies. Wealth management is not just about short-term returns and profits. It’s focused on how to use financial vehicles to help investment allocations align with your goals over time.

Wealth management services may include financial and investment advice, tax planning, retirement planning and estate planning for one set fee. A wealth manager coordinates financial information and can include coordinating advice from the client’s own attorney, accountants, and insurance agent. Wealth Managers provide services in comprehensive financial planning.

Why Should I Work with a Wealth Manager?
Wealth management can be an integrated investment and asset management solution.

Benefits of hiring a professional wealth manager may include:

  • Comprehensive strategic financial planning to help you work toward your goals. They can help you structure your investment objectives and create goals based on your current financial status.
  • Professional wealth managers aren’t just stock pickers. They can offer experienced advice to your wealth management. They can assist you with critical issues such as tax planning, retirement planning, estate and succession planning, asset allocation strategies and other specialized skills that will help you structure your wealth to work toward your mission or objectives. A typical wealth management firm is generally a multidisciplinary enterprise that has people with diverse wealth management skills.
  • Retirement planning: Planning to retire but unsure of whether your wealth will outlive you? A wealth manager can help you prepare for the lifestyle that you have imagined by structuring your wealth to work toward your post-retirement lifestyle.
  • Making your wealth work for the causes you care about: Most of us want the wealth that we have earned to do some good in the world long after we have gone. This generally involves directing the money into vehicles such as trust funds or endowment funds. A wealth manager can help you manage your wealth so you can work towards financing the things that you care about.

Wealth managers bring diverse knowledge to the table and help you utilize your wealth to address various desired outcomes in a professional environment. You should consider working with a professional wealth manager in order to work toward the goals that you have set for yourself.

For more information on how a Professional Wealth Manager can help you, contact us today!

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. No strategy can ensure success or protect against loss.