You've set your financial goals and identified the objectives to reach them. The next crucial step is to review your existing holdings and determine if there is a gap between your present situation and your ability to reach your goals. This will enable us to develop a plan that more effectively meets your short- and long-term needs.  

Assessing Your Investment Strategy  

Our wealth management process focuses on your total financial situation, designed to target the big picture. By reviewing all your existing positions, we can better understand your current situation and how we can help make your desired future possible. 

Evaluating Your Financial Portfolio  

To determine whether an investment is “good,” most people look at its returns. They may compare, for example, the performance of the investment to an appropriate benchmark or index. This performance check analysis is almost always insufficient, however. 

Building a Comprehensive Financial Plan  

In terms of adding value to your account, an investment is wise if its role in your portfolio can be justified. In other words, there must be a reason you own the position that can be explained by process and methodology, the position must be consistent with your short- and long-term financial goals and needs, and you must feel comfortable owning it. 

When Evaluating Your Existing Holdings, We Look at: 

• Suitability: Does the investment match your overall goals and objectives? 
• Risk: Can you tolerate the investment’s volatility? What types of risk are you taking on by owning the investment? 
• Relative performance: How has the investment performed relative to its peers? 
• Asset allocation: How well is your wealth allocated among various noncorrelated asset classes? 
• Specific investment detail: Have there been any changes in fund management? Does the investment yield match your income needs? 
• Insurance fit: Do you own the right types of insurance and the proper policies? 
• Estate planning, wills and trusts: Are these documents recent and accurate, and do they reflect your intentions? 

Seeking Professional Advice  

Investors often buy products at one point in their lives but fail to sell them when they no longer make sense. What’s more, it’s common for investors to form emotional attachments to certain investments. Our job is to look beyond your rationale and assess what your portfolio is doing well—and what it lacks. 

Putting your goals and holdings side by side, we can start to make determinations about the next step— developing a plan that is specific to your needs. Whether it's reevaluating your current investments, adjusting your asset allocation, or reviewing your insurance and estate planning strategies, our team is here to provide guidance and support every step of the way.  

Securing Your Financial Future 

Don't let uncertainty about your financial future hold you back. Reach out to us today for personalized advice tailored to your specific financial situation. We're here to help. Together we can work towards achieving your financial goals and securing your financial future.   

James Artale is a financial advisor located at EmVision Capital Advisors, 251 W. Garfield Rd. Suite 155 Aurora, OH 44202. He offers securities and advisory services as an Investment Adviser Representative of Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. He can be reached at (330) 954-3770 or at info@emvisioncapital.com. 

This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional advisor, or lawyer.