By Joe Arnold, AIF®
Does the recent market turmoil have you wondering or second-guessing your current investment portfolio? Will your current investments last you in retirement? Is your market risk tolerance aligned properly with your current investment holdings? Are you properly diversified to help mitigate market volatility?
According to the CFP Board, only 1 in 3 adults have received financial savings advice from a financial professional. (1) Having a trusted financial advisor is an important step to making sure your financial plan is tailored to meet your goals. This is why we use the WealthBuilder platform to make sure clients’ portfolios are curated to meet their specific objectives.
What Is WealthBuilder?
WealthBuilder is an investment portal created by AssetMark that helps us identify key information about our clients and create plans tailored to their needs. WealthBuilder divides the beginning of the financial planning process into 4 steps:
- About you: This is where we get details about an investor’s age and the current state of their finances.
- Your goals: This step helps us identify important financial goals such as retirement age and how much income you want to have during retirement.
- Risk profile: By understanding your timeline for retirement and other factors, we can determine your risk profile. Based on your risk profile, we can adjust investment and test how your portfolio will perform under different market conditions.
- Review your plan: Once we’ve collected the information in the last three steps, we can promptly present you with a comprehensive investment strategy.
Tracking Progress Wherever and Whenever
Most people would be lucky to get ahold of their financial advisors once a year to discuss the state of their investment portfolios. With WealthBuilder, you can track your portfolio in real-time whenever you want. This helps our clients stay on top of their investment goals while also freeing our advisors’ time to meet with clients more often instead of crunching numbers all day. See what WealthBuilder is all about and try it out for yourself.
A Complement to Traditional Financial Planning
While the interface makes it easier for us to identify a client’s situation and create an investment strategy that is tailored to their needs, we know your financial and retirement goals are not something a computer can solve on its own. At Foundation Wealth Advisors, we combine cutting-edge financial services technology with the empathy and nuance provided by an experienced financial advisor to create the most suitable financial plan for you. Try out the WealthBuilder investment portal yourselves and then schedule a complimentary appointment by calling (440) 899-7535 or emailing me at jarnold@foundationwa.com.
About Joe
Joe Arnold is an independent financial advisor and the founder and president of Foundation Wealth Advisors, LLC, an independent firm whose advisors provide private investment management for individuals and families, as well as retirement plan consulting for small and mid-sized businesses. With 20 years of experience in the financial industry, Joe specializes in providing objective advice to individuals, as well as transparency in building and managing company 401(k) retirement plans. He is committed to putting his clients’ best interests first in all decision-making and recommendations. Based in Westlake, Ohio, he serves clients in the Cleveland, Akron, and surrounding areas, as well as throughout the country. Joe received a bachelor’s degree in business administration from Cleveland State University and is an Accredited Investment Fiduciary® (AIF®) professional. He has been featured on national television, including CNBC and FOX Business, and quoted in various publications, including The Wall Street Journal, CNN Money, Forbes, and others. Joe lives in Rocky River, Ohio, with his wife, Allison, and their two grown children, Kevin and Keira. An avid golfer, he is a former Class A PGA of America teaching professional and NCAA Division 1 athlete. When he’s not working, he enjoys playing golf, reading, and honing his culinary skills. To learn more about Joe, connect with him on LinkedIn.
______________