Sponsored by The American College of Financial Services
The true value advisors bring to the table today is not simply the ability to pick investments, but the knowledge to develop goal-oriented investment strategies, and the experience to guide clients with advice that considers the entire spectrum financial goals.
If the purpose of our savings is to pay for a spending goal such as a college education or an income in retirement, shouldn’t we focus on how well the strategy helps us meet our goal?
This is the essence of goal-based investing. Instead of viewing the portfolio as a monolithic account that exists separate from our real life, think of investments as each having its own purpose
Why is goal-based investing so valuable? Read the full post by Dr. Michael Finke on The American College of Financial Services blog to learn more.