Risk Management
Identifying risks to deliver time-tested strategies to protect your wealth and financial well-being.
It doesn’t take a global financial crisis to understand the importance of managing risks to your family’s financial security. With change being a certainty in life, we take a comprehensive approach to identify these risks and to deliver time-tested strategies to protect your wealth and financial well-being.
Investment Risk
Nothing ventured, Something lost
It’s often said (usually in jest) that the safest place to invest your money is under your mattress. But in fact, stuffing your money under your mattress isn’t entirely risk-free. Of course someone could steal the money, but there’s another risk: inflation risk. If there’s inflation (and there usually is), the things you need will cost more in the future. Even if you do nothing, your money won’t have the same purchasing power and, in real terms, will lose value. The point is, when it comes to managing your money, there are several types of risk (like inflation risk) that may seem less obvious than the one most investors focus on – market risk.
Here are some others (by no means an exhaustive list):
- Credit and Interest Rate Risk
- Currency Risk
- Psychological Risk
- Sequence of Returns
Retirement Risk
Whether you are approaching retirement or have already retired, there are several risks that can affect your retirement savings.
- Not saving enough
- Outliving your retirement savings
- Spending too much too early in retirement
- Retiring in a bear market
Adverse Event and Liability Risk
It makes sense to sit down at some point and put some contingency plans in effect to protect yourself and the people you care about.
- Tax risk
- Legal risk
- Health risk
We can help you identify the risks facing your family and help you address them with a wide range of strategies.
