Is an improper investment portfolio allocation impeding your client’s ability to achieve their financial goals? It’s often difficult to answer this question without an in-depth analysis of your client’s investment portfolio, and few CPAs are equipped with the time, resources, or in-depth knowledge to perform this function. This is where a fiduciary Registered Investment Adviser (RIA) firm can help.
Your clients’ portfolio performance can be negatively affected by factors such as inappropriate asset allocations relative to investment objectives; insufficient diversification within asset classes; over-concentrations in individual securities; ineffective tax locations; inappropriate selection of investment vehicle types; over/under-weights to certain industrial sectors, market capitalizations, investment styles, or geographies; a lack of low-correlation diversifying assets (or inclusion of them where inappropriate); unnecessarily high fees, sales charges, and other portfolio expenses; inefficient tax management; a lack of use of Multi-Method Investing; and many other factors.
While most investors are affected by several of the above negative factors, this doesn’t have to be the case. The key is to identify the problems before they become a persistent drag on investor results. This requires a skill set and time that most accountants are not necessarily equipped with. But if you’re concerned about protecting your clients from unnecessary financial heartache, then consider partnering with a fiduciary investment advisory firm that works on these problems every day.
Contact 4Thought Financial Group Inc. to find out how we can help you protect your clients today.
If you’d like to learn more about Multi-Method Investing and how it could help your clients, please contact 4Thought Financial Group Inc.