Call Today: (800) 489-1272
Free yourself. Dream Big. Live Well.
Managing your assets and investments is an important component of your financial freedom. We can help make your money work as hard for you as you have worked to earn it. We will provide you with investment guidance designed to strike a balance between investing your money where it has the best chance to perform and limiting exposure to risk—all while keeping in line with your larger financial goals.
Accumulating assets is a primary step in saving for retirement and having the financial freedom to reach your goals. We can help you identify the appropriate vehicles to save and grow your assets and help you manage your wealth over time. Some common vehicles that our clients use include:
If your current investment strategy doesn’t consider tax outcomes, you could have a gap in your planning.
Other factors that can influence investment strategy include:
Stocks. Bonds. Large-cap. Small-cap. Micro-cap. ETFs. REITs. FIAs. Investing today can feel like making your way through a complex maze of jargon and acronyms.
Which investments are right for you? How do you get the best possible return with a minimal level of risk? How do you eliminate the uncertainty and anxiety from investing?
These are common questions with no universal answers. The answer to all of these questions (and more) starts with two words:
It depends….
....on your tolerance for risk.
....on your investment timeline.
….on your financial goals.
….on your need for liquidity.
….on your tax situation.
….and on a wide range of other factors that influence your specific investment strategy.
At Freedom Financial Group, our job is to get to know you and gain an understanding of your goals, needs, and concerns. Here are some of the factors we consider when developing your investment strategy:
How long do you have until you need to use the money? If you’re approaching retirement in the next five years, your investment strategy will likely be different than someone who is retiring in 30 years.
The longer you have until you need the money, the more risk you may be able to tolerate because you have time to recover from temporary losses and market volatility. However, if you need the money soon, you may need to embrace a more conservative approach.
Not everyone has the same comfort level with risk and volatility. Perhaps you’re aggressive and are willing to take on more risk if it leads to higher returns. Or maybe you’re the exact opposite - you’re willing to accept less return if it means lower risk and volatility. Many investors fall somewhere in between.
We typically assess risk tolerance through a questionnaire. For married couples, we will have both people complete the questionnaire. The questionnaire will ask you to determine your comfort level in different financial scenarios. This information, along with our discussions, will help us identify the appropriate risk tolerance for your portfolio. Your risk tolerance will determine the various strategies and financial products proposed to meet your goals. It’s important to not that a person’s risk tolerance tends to evolve over time as goals change. Younger investors tend to be more aggressive during the asset accumulation stages of life and more willing to take on market risk for potential gains. Older investors tend to be more conservative and want to preserve and protect their assets in their retirement and near-retirement years.
Our job is to find the right balance between risk and return for your tolerance. We want to achieve returns, but not at a risk level that causes stress and anxiety. We find the correct balance and help you implement a strategy that’s right for you.
The proper asset allocation could reduce your exposure to market volatility. However, you also may want to incorporate other vehicles that can minimize risk and protect your retirement income. In this guide you’ll identify unique challenges that retirees face and gain tools that could help you enjoy the retirement you’ve always imagined.
Plan, protect, and pursue your dreams with Freedom Financial Group. Schedule a complimentary consultation today.
Fields marked with an * are required
Bismarck: 212 N 2nd St, Bismarck ND 58501
Minot: 701 31st Ave SW Minot ND 58701
Jamestown: 920 10th St SE, Ste A Jamestown ND, 58401
Registered Representative of and securities offered through Berthel Fisher & Company Financial Services, Inc. (BFCFS) Member FINRA/SIPC. Investment advisory services offered through BFC Planning. Freedom Financial Group is independent of BFCFS and BFC Planning.
Licensed to sell Insurance in the following state(s): AK, AZ, FL, GA, IL, KS, MD, MI, MN, MT, NC, ND, OK, OR, PA, SD, TX, WI
Registered to sell Securities in the following state(s): AK, AZ, CA, CO, FL, GA, IL, KS, MD, MI, MN, MT, NE, NM, NC, ND, OK, OR, PA, SD, TN, TX, WI
*Our firm does not provide legal or tax advice. We partner with unaffiliated tax and legal professionals to coordinate your overall plan. Be sure to consult with your own legal, tax and health advisors before taking any action that may have tax implications.
Licensed Insurance Professional. We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice.
Investing involves risk, including the loss of principal. No Investment strategy can guarantee a profit or protect against loss in a period of declining values. Any references to protection benefits or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity products are backed by the financial strength and claims-paying ability of the issuing insurance company.
Provided content is for overview and informational purposes only and is not intended and should not be relied upon as individualized tax, legal, fiduciary, or investment advice. By contacting us, downloading booklets, or attending events, you may be offered a meeting to discuss how our insurance and other services can meet your retirement needs. The presenters of this information are not associated with, or endorsed by, the Social Security Administration or any other government agency.
Additional Disclosures Customer Relationship Summary (FORM CRS) and Privacy Policy