Let’s imagine a game show. You sit there with the lights of the studio bearing down on you and the entire audience watching. The technology-based game show then unloads an unlimited amount of information concerning a particular topic. It’s up to you to sort through the information to pick out what’s important and what’s not. The first contestant to do so wins.
The modern financial markets work similarly. Investors are bombarded with massive amounts of information and must choose actionable information carefully. Investors that can do this often finds success in the markets. And this skill can move mountains of wealth almost instantaneously.
This makes the markets of today much different than the markets of a decade ago. It also makes it more important than ever to develop personalized strategies to navigate the complicated markets. That’s why HCR Wealth Advisors have kept many of its clients for more than a decade. This SEC-registered investment advisory firm is based out of Los Angeles, California, and works with individuals of all income levels to develop personalized investment strategies.
They have such good customer retention because the company sits down with their clients in order to get to know them. This allows the firm to understand personal goals which guides the formulation of a personal financial strategy. They have years of experience understanding which pieces of information are important which drives up their efficacy.
The team at HCR Wealth Advisors is saying that personalized strategies are more important than ever because 2018 is shaping up to be very volatile. The market has shown swings of up to 400 points after a very steady 2017.
Last year was an investor’s dream. The economy stayed steady as the Federal Reserve raised interest rates to help manage the markets. In fact, the annual return for the S&P 500 were over 20% and every month showed a positive return. This has never happened before in the history of the stock market.
HCR Wealth Advisors can craft personalized investment strategies to help clients manage the market volatility while managing risk.
HCR Wealth Advisors is not affiliated with this website.