Asset allocation is the process of spreading your money across multiple types of investments in an effort to control risk. Different types of investments respond to economic conditions in different ways. Some may do very well when the economy is humming along, but do poorly when things turn down. Others may do better when the economy is struggling. Gains in some investments are meant to offset losses in others. Asset allocation is designed to help you to better manage your risk and achieve your goals.
Your ideal asset allocation depends on several factors. As together, we move through our six step process called the
Financial Planning Spectrum, we’ll help you to determine your ideal asset allocation strategy.