Monitoring the global investment marketplace for opportunities and risks is a big endeavor and, at Laurel Wealth Planning, results in a variety of updates each year to client portfolios.
Before we get to investment specifics, we spend time getting to know our clients. From that, we develop a risk-reward strategy, tax strategy, proper diversification, incorporation of global trends, and finally, specific investment recommendations.
The discipline of asset allocation flows throughout our portfolio development work. Bonds, stocks, and cash are the three primary asset classes. Each behave differently over time and at times may move together, but in different amounts (such as we’ve seen with stocks and bonds in 2022) and at times may move in opposite directions.
A portfolio with all three asset classes generally gives smoother, less volatile performance over time as the performance in the asset classes differ.
Learn more about our approach to investment management.
Learn more about asset allocation with this video from our custodial partner, Raymond James:
Laura, the founder of LWP, is a Senior Wealth Manager, Chief Investment Officer and Shareholder. She has a master’s degree in tax and is an excellent listener. While she is a sophisticated financial planner with experience in complex issues, her priority is ensuring a financial plan works for people.