The Wealth Management Process

Define needs, goals and risk tolerance

Your advisor is dedicated to helping clients define and address their specific financial needs. We begin by developing a clear picture of your current financial situation as well as your long-term goals. Concurrently, we will also assess your tolerance for investment risk, allowing us to make sure that your investment strategy is appropriate.

Create a financial strategy and portfolio structure

Once we have a complete understanding of your financial situation, we will craft a customized financial strategy that provides a clear picture of where you are now, where you want to be, and a time frame and road map to get there. We will also develop an investment strategy that not only compliments your financial strategy, but also is tax-aware and takes no undue risk.

Implement investment selections

Through the use of best-in-class, conflict-free investment research, our own proprietary investment portfolios, institutional money mangers, and one of the largest investment product platforms in the industry, your advisor will assemble a portfolio of investments that are best suited
for your financial strategy, thereby maximizing your opportunity to achieve your goals.

Provide continuing services

Once we have put your investment strategy to work, our job has just begun.  We monitor our clients’ portfolios and suggest changes when an asset class, money manager, or particular investment falls in or out of favor.  Periodic client contacts provide brief updates and determine if there have been any situational changes that necessitate adjustments in their financial strategy.  Annually, comprehensive financial reviews are available to compare actual results against your plan and to make adjustments accordingly.

BNY Research and Commentary

Related Articles

Global Markets

Global Credit View: Is The Credit Cycle Over?

The combination of healthy fundamental underpinnings and positive primary market trends point to the persistence of the current high yield credit cycle.

Read More: Global Credit View: Is The Credit Cycle Over?
Market Commentary

The Aerial View

Out of all the warnings to emerge from senior finance officials over the past month that market participants might be misplacing risk, those by Bank of Japan (BOJ) Governor Haruhiko Kuroda just over a week ago were arguably the most...

Read More: The Aerial View
Investment Insight

Investment Update: The Increasing Attractiveness of International Equities

Jeff Mortimer’s Investment Update: A little competition is healthy, right? As an avid golfer, I always enjoy watching the Presidents Cup, a golf competition that pits the best international players against an all-star U.S. team. The level of talent always...

Read More: Investment Update: The Increasing Attractiveness of International Equities
Asset Allocation

Bond Market Observations: Epitaph For A Trade

To cut to the chase, after looking into all the moving parts of our economic outlook and assessment of fixed-income valuations (and revising more than a few) this month, we retain our core advice to prudent investors. Maintain a relatively...

Read More: Bond Market Observations: Epitaph For A Trade
Economic Insight

Liquidity Reimagined

It is no secret that the hunt for yield over the past decade or so has driven many investors into higher-risk areas of the credit market, such as high yield and emerging market debt. We believe that one of the...

Read More: Liquidity Reimagined