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 July On the Markets from the Global Investment Committee featuring
• "Ring-Fenced" Michael Wilson, chief investment officer of Morgan Stanley Wealth Management, says the Greek debt crisis was not unexpected and, in fact, has been “ring-fenced” by global financial institutions. While there may be market volatility, he does not expect fiscal contagion that could derail the global recovery.
• "US Fiscal Policy Could Boost Growth" Tax revenues are rising much faster than spending and, given low interest rates, the US debt-to-GDP ratio is shrinking, too. Lisa Shalett, head of investment and portfolio strategies at Morgan Stanley Wealth Management, writes that these developments mean fiscal policy can be more stimulative for the economy just as monetary policy becomes less so.
• "Higher-Dividend Stocks for a Higher-Yield Environment" A long period of ultralow interest rates has created distortions among high-yielding stocks, making traditional dividend plays less attractive, writes Adam S. Parker, chief US equity strategist for Morgan Stanley & Co. Parker identifies the sectors in which the most compelling dividend opportunities may be found.
Plus, look for more on equities and bonds, and a question-and-answer session with a veteran manager of Japanese stocks.