Wealth Management Services
Wealth Management Services in Dayton,Ohio by Essex and Associates
Essex and Associates offers wealth management services in Dayton,Ohio and the Miami Valley as part of our one-stop financial services philosophy.
Wealth Management is an investment advisory discipline that incorporates financial planning, investment portfolio management and a number of aggregated financial services, including associated tax reduction strategies.
What separates our services from other wealth management firms is the number of people we serve.
Yes, we take care of a large number of high net worth individuals.
But where we are different is that we make these very coveted wealth management services available to anyone, no matter their personal net worth.
Individuals, small business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal resources, tax professionals and investment management.
What really makes our firm special is that we incorporate all of these service under one roof.
Wealth managers can be an independent Certified Financial Planner, MBAs, Chartered Strategic Wealth Professional, CFA Charterholders or any credentialed professional money manager who works to enhance the income, growth and tax favored treatment of long-term investors.
Wealth management is often referred to as a high-level form of private banking for the especially affluent.
Normally, one must already have accumulated a significant amount
of wealth for wealth management strategies to be effective.
However, in our firm, we can engage many different investment and tax strategies for those of even modest means.
Private wealth management is the term generally used to describe highly customized and sophisticated investment management and financial planning services delivered to high net worth investors.
Generally, this includes advice on the use of trusts and other estate
planning, vehicles, business succession or stock option planning, and the use of hedging derivatives for large blocks of stock.
Traditionally, the wealthiest private clients of investment firms required a greater level of service, product offering and sales personnel than were received by the average clients.
With an increase in the number of affluent investors in recent years, there has been an increasing demand for sophisticated financial solutions and expertise throughout the world.
Our firm brings these solutions to everyone, no matter their portfolio value.
Individuals face a variety of taxes on investment returns that vary from locality to locality.
Portfolio management techniques that provide individuals with after tax returns that meet their objectives are necessarily going to be specific to these tax structures.
Our firm offers seminars and client events designed to educate the general public on various wealth management techniques.
Our firm also offers Family Office management.
These services are devoted to educating the ultra wealthy investor and providing a network of peers for the ultra high net worth individual and their families.
Not only is this market eager to become more informed about private wealth management but many of these same strategies that we engage for the ultra wealthy can also taught and utilized for the less affluent.
The events of 2008 in the financial markets caused investors to address concerns within their portfolios.
The past three years have challenged traditional thinking about
investing and asset allocation, diversification, and correlation.
For individual investors, risk tolerances have been tested, investment assumptions have been overturned, and fundamental truisms have been questioned.
For this reason our firm is prepared to respond to a greater need by clients to understand, access, and communicate with their advisers regarding their current relationship as well as the products and services that may satisfy future needs.
Moreover, advisors must have sufficient information, from objective sources, regarding all products and services owned by their clients to answer enquiries regarding performance and degree of risk-at
the client, portfolio and individual security levels.
This state of affairs poses a dilemma for wealth managers, who, for a generation, have adhered to the core principles of asset allocation and earned their keep by preaching the mantras of 'buy and hold', 'invest for the long term', and when things get tough, 'stay the course'.
Many of these strategies simply do not work in the current economic client.
Today our wealth management services offers advice on a variety of traditional and non traditional investment options.
You need a wealth management advisor in Dayton,Ohio that incorporates
tax strategies as well as creative investment options to fully reach your portfolio potential.