What is important to you?
As you consider life-altering decisions such as a career change, retirement, real estate investments or transferring ownership of a family business, a comprehensive wealth management strategy becomes an integral aspect of the decision-making process. What is important as you experience significant milestones will likely change and adapt, as should your financial strategy.
What is wealth management and what does it include?
Beyond focusing exclusively on investments, true comprehensive wealth management incorporates many factors of your complete financial picture, such as risk management, credit and liquidity needs, estate planning strategies and charitable giving – essentially any decision involving finances that impact your life.
With the Phelps Group, your needs are the priority of our business. Investments are merely one aspect of an extensive wealth management approach. By utilizing our in-depth experience and industry knowledge, we work closely with our clients to develop and implement a customized wealth plan which recognizes your overall goals and relevant time frame to realize them.
A primary component of the culture at The Phelps Group stems from our ongoing communication with clients. We understand that successful relationships extend well beyond providing information, ideas and strategies. With regularly scheduled calls, relevant client events as well as community outreach, we strive to create relationships that extend beyond your financial needs.
Whenever the S&P 500 experiences a 1% move (up or down), The 1% Move posted under Investing & Market Insights, will provide guidance. Whenever you have questions about market activity, please contact us.
See March On the Markets from the Global Investment Committee featuring
• "The Power of Three" Michael Wilson, chief investment officer of Morgan Stanley Wealth Management, explains how three separate events in the global economy are coming together to help the recovery become more synchronous and sustainable.
• "Is Winning Losing and Losing Winning?" Perhaps it is in the NBA, where the worst teams get first dibs in the player draft. Adam Parker, Morgan Stanley & Co.’s chief US equity strategist, explains how winning by losing applies to investors.
• "Tax-Free Yields Near Taxable Treasuries" Municipal bonds typically sell with yields below those of comparable-maturity US Treasury bonds because municipal income is taxed by the federal government. Now, a confluence of factors has created a situation in which tax-free bonds are yielding nearly the same as Treasuries.
Plus, more on global equities, fixed income securities, currencies and commodities.