What Is Wealth Management?

Wealth management is a type of financial service that is intended to help individuals manage their assets. Wealth management services are often geared towards those who already have a high net worth and often include aspects like tax guidance or estate planning. At Harvest Wealth Partners, we understand that managing wealth is an important topic no matter how old you are. Our financial advisors aim to help you develop strategies that understand your assets as part of a larger financial picture, so you can work towards meeting financial goals like retirement. 

Understanding Wealth Management

When working with a financial advisor for wealth management, we may help you manage risk to your assets through a number of methods. Developing a financial plan that works towards your goals will likely include a combination of tax advice and investment strategies like diversification of your portfolio. We may also make recommendations to rebalance your portfolio throughout your time with us, making adjustments for changes in the market as they relate to your investments.

Additionally, a wealth manager can work with you on planning for future arrangements like establishing an estate. Creating estate planning strategies puts measures in place to outline what will happen to your assets after you are gone, with the goal of ensuring that your money is managed according to your wishes well into the future. 

Do I Need a Wealth Manager?

Seeing an advisor that offers wealth management services can help you coordinate the many aspects of financial planning that go into encouraging your money to grow. Wealth managers are helpful if your financial situation is complex, or if you have questions regarding how best to invest your wealth. When you meet with our advisors, you’ll be able to discuss your goals with them so that we can better understand what you would like to accomplish by working with us. 

At Harvest Wealth Partners, we hope to help you develop strategies that aim at meeting your financial needs today and tomorrow. If you choose to move forward with our services after your initial consultation, our advisors will start performing a more in-depth analysis of your financial situation. Based on that analysis, we’ll be able to make recommendations on the next steps to take to manage your money. Once we have implemented your plan, you can reach out to us at any time to make changes or check in on the status of your accounts. 

Scheduling a Consultation with Harvest Wealth Partners

If you have existing wealth but would like to adjust the way you manage it, the advisors at Harvest Wealth Partners can help. Wealth management strategies encompass a variety of services that are aimed at addressing your financial needs well into the future. To schedule a consultation with one of our advisors, contact us today. We are happy to discuss any questions you might have.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. 

Harvest Wealth Partners and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation. 

Investing includes risks, including fluctuating prices and loss of principal.​ No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss.

This material was prepared for Harvest Wealth Partner’s use.