Wealth Management

Have you ever wondered about the differences between “actively” and “passively” managed money? This is a very important difference to understand if you’re looking for someone to help you manage your money.

Active Money Management

“Active money management” refers to wealth management wherein your manager or management team makes decisions and helps guide you on how to invest your funds. They do this by doing research and investing your money in the right places at the right times. This is important, given the ever-changing nature of the market.

“Passive money management,” on the other hand, typically just follows the market’s ups and downs without someone designated to keep track of how it’s doing. A method like this might work fine over a long period of time. but becomes less advantageous as you get older and closer to retirement. Time is no longer on your side; you’re going to need that money soon. So, active money management might become more desirable.

Meet Us For a Review

Our annual financial “checkups” offer an opportunity to take a comprehensive look at your finances and help you reassess your current strategy (or create one, if you haven’t yet). We’ll do whatever we can to help. There are many factors that affect your investments. We can make adjustments regularly, in order to make sure you’re still on track. Things you should keep in mind include:

senior couple at financial review with wealth management advisor
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