The challenge for investors in the 21st century is choosing which data to trust. This makes the markets of today much different than the markets of 20 or even five years ago. Investors now need the ability to sift through and understand a massive amount of data quickly in order to move at the pace of the markets. This newfound rush of information has the ability to create or eliminate wealth nearly instantaneously.
HCR Wealth Advisors is an SEC-registered wealth advisory firm that works with high-income individuals to develop personalized investment strategies in today’s environment. The firm advises that it’s more important than ever to be able to understand what sets of data are important. After all, the information age is pouring an unlimited amount of data onto the laps of every individual in the finance world.
Broad financial products offered by other firms often do not take personal circumstances into account. HCR Wealth Advisors offers personalized strategies that work towards an individual’s needs and goals. HCR Wealth Advisors has been working with wealthy individuals for years and many of its customers have been loyal for more than a decade. The registered firm is aiming to work with wealthy families for generations as they help to identify goals and develop personalized strategies.
Financial planner HCR Wealth Advisors says there is reason to be optimistic about the future. The firm points to the fact that 2017 was an excellent year and the S&P 500 cranked out a 21.7% return for the year. It’s the first time in the history of the entire stock market that a positive return was seen in each month.
The steadiness of 2017 has been quickly followed by the volatility of 2018. This comes after the Central Bank mitigated from risk and volatility in 2017 by raising interest rates three times. The economy in 2018 is showing the benefits of these interest rate hikes but the market has seen 400-point swings.
A year of steady activity is often followed by a year of volatility. HCR Wealth Advisors encourages investors to stay optimistic but to keep an eye on risk and exposure. Personalized solutions are now more important than ever in order to reduce exposure while capitalizing on the volatility of the market. View these jobs at glassdoor.
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