Reliant Wealth Management utilizes a simple 4-step process for helping you set up an investment portfolio.
Step 1: Determine Your Risk Tolerance
Before recommending specific investments, it’s important to first understand how comfortable you are with investing. We do this by helping to identify your risk tolerance. We’ll consider your age, income, net worth, budget, goals and past experiences to help determine an appropriate amount of risk to suggest for you.
Step 2: Propose Investment Portfolio
Now that we know how comfortable you are with investing, we can recommend one of our investment portfolios. We also create custom investment solutions for some our clients when they need an allocation that’s more unique than our portfolio offerings. Either way, our you’ll end up with investments that you’re comfortable with.
Step 3: Implement the Portfolio:
Now that we’re in agreement about which investment portfolio to use, it’s time to get the money transferred and invested. We’ll work with you every step of the way to ensure your accounts are transferred safely and efficiently to our custodian.
Step 4: Monitor Investments
Now it’s time to monitor your investments. We’ll hold periodic meetings to discuss the recent performance of your portfolio and confirm that you are still comfortable with the investment plan.stions? If so, contact us today to book a two-hour financial review session with one of our financial planners.