Portfolio Analysis

Everyone has financial goals, whether that is saving for a car, vacation, or new home. One of the biggest financial goals is to plan for retirement. 

Creating a strategy is the first step to reaching any financial goal. Your short- and long-term objectives, income streams, obligations, savings, time horizon, investment risk tolerance, and other particulars are all reflected in your retirement plan.

When we complete a portfolio analysis with any client, we look at many factors to ensure the portfolio is still meeting the client’s needs. Some of the guidelines we use to analyze a portfolio are as follow:

1. We want to ensure your portfolio is keeping you on track to meet your goal. We will update and make changes to your portfolio as time goes on. These updates will align your current portfolio with your future goals. 
2. We want to confirm that your portfolio is diversified. Diversification is designed to generate stronger returns while managing risk in your portfolio. 
3. At Thomas J. Power Investments and Insurance, we maintain and foster a network of experts from lawyers, accountants, tax professionals, group benefits specialists, and investment and insurance company experts. Your financial well-being may be highly complex and specialized and therefore it is prudent to have other industry experts work with us on your portfolio analysis. 
4. Address your specific and individual needs. When a portfolio has been built, it was meant to meet your financial goals at the time. As time moves forward our situations may change and evolve. Your portfolio may also need to evolve and change along with you and your family. Regular reviews and updates are a necessary part of any portfolio analysis. 

Organizing your finances and maintaining them through life’s ups and downs will boost your sense of accomplishment as you attain your objectives.