Dynamic investing: It’s new every morning, because your advisor is adapting investment management decisions to your best interests, based on what the market is doing.
In fact, dynamic investing, by very basic definition, means looking at how the market is changing and working toward a strategic view of your portfolio. It means offering you different options based on levels of risk and your personal goals. It also means modifying your investment management strategy when needed, with your best outcome in mind.
Dynamic investing might sound like a natural occurrence, a process that occurs for all clients working with professional investment managers. However, the process can become cloudy if commission remains the end goal of a professional advisor (rather than serving the client’s needs without commission-based motives). It can also become cloudy if you’re working in an environment such as a traditional bank, where the team may have numerous other areas of concentration and may not be willing to evaluate risk in a way that benefits your future.
Dynamic investing can also mean working with a professional investment advisor who has the skills and experience to bring your portfolio back into balance, keeping your goals as the chief focus and the proportions you have in mind for stocks to bonds, for example. Sometimes the goal of dynamic investing can be to level out natural risks and shifts, making changes to both well-performing asset classes and those that are underperforming.
The goals you had for your success at age 45 may not be the same as your goals for age 75. Most Americans are living longer than they may have anticipated, and working with a professional advisor who understands dynamic investing means keeping your personal shifts and desires on the forefront. If you’re beginning to live out your retirement years, you may see some shifts in the amount of income you want to save and spend – different than what you originally expected. In fact, this is what the concept of dynamic investing is built around: flexibility.
Separated from detailed investment strategies and equations, flexibility may be the core ingredient to long-term success with your money. Look for a professional advisor who understands that they can’t (nor can anyone) predict or control market performance – but that they can, however, use the best tools and the best minds to understand various outcomes for you and make adjustments based on the best knowledge available to them.
At Family Investment Center, our team operates on a commission-free philosophy so that each investor’s desires remain a top priority. With nationally-known credentials in a family-friendly atmosphere, we continue to serve more individuals and families who are looking for service that really is different (and really is dynamic). Contact our team today.
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