Andrew Carrillo discusses the importance of working with a financial planner who is a fiduciary.
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Asset allocation is one of the most important decisions that investors make; it is also one of the most difficult. Asset allocation involves dividing an investment portfolio among asset classes, such as stocks, bonds, and cash. The percentage of each asset class in the portfolio depends on the investor’s goals, risk tolerance, and time horizon.
The goal of asset allocation is to diversify investments and minimize risk. By diversifying across asset classes, investors can reduce the volatility of their portfolios and improve their chances of achieving their financial goals.
There is no single “right” asset allocation for all investors. Each investor’s situation is unique, so working with a financial advisor to develop an asset allocation right for you is essential.
Asset allocation does not guarantee a profit or protect against losses. Asset classes may perform differently in different market conditions. Investors should consider their investment objectives, risk tolerance, and time horizon when selecting an asset allocation.
Diversification and asset allocation strategies do not assure a profit or protect against loss. Asset classes may perform differently in different market conditions.
Asset allocation is one of the most important decisions an investor makes. The mix of assets an investor holds will determine risk and return profile. For investors approaching retirement, it is imperative to consider how asset allocation will impact the ability to generate income and maintain lifestyle.
There are several different approaches to asset allocation. Some investors prefer a static asset allocation, which means they keep the same mix of assets over time. Others use a dynamic asset allocation strategy, which means they periodically rebalance their portfolio based on changes in market conditions. The key to successful asset allocation is finding the right mix of assets for your individual circumstances. No “one size fits all” solution exists, as every investor has different goals, risk tolerance, and time horizon.
Andrew said: “At Barnett Capital Advisors, we are dedicated to providing investment management and strategic wealth planning that is specific to you and your situation. Simply put, we strive to be our client’s trusted advisors. As a financial advisory firm, our primary focus is to provide unbiased opinions that are designed to achieve long-term investment results. We are dedicated to professionally supporting, educating, and providing informed direction to each and every client and we do this with the highest levels of trust, integrity, and respect while always collaborating using a team approach.”
About Andrew Carrillo
Andrew E. Carrillo is the President and Founder of Barnett Capital Advisors LLC. He began his career as a Financial Advisor at Ameriprise Financial Services, Inc. in 2007 but decided to depart from the firm in late 2009 to allow him to focus more on serving his clients and fine-tuning his investment process. After working for a few years as an independent financial advisor at Invest Financial Corporation (2009-2012), he founded Barnett Capital Advisors in 2012, a registered investment advisor in the State of Florida, with a vision that investors deserved better investment strategies for growth.
Throughout his career, Andrew Carrillo has earned the designation of Certified Financial Planner™ (CFP®), Accredited Wealth Management AdvisorSM (AWMA®), and Chartered Retirement Planning CounselorSM (CRPC®), each of which requires advanced financial planning studies and adherence to a strict code of professional conduct.
Andrew Carrillo is a CFP Designee. The CFP designation is considered the most prestigious and sought-after designation in the Financial planning industry. Members adhere to the highest standards of professional competence, ethical conduct, and clear, complete disclosure to those they serve.
As a CFP designee and Investment Advisor, Andrew Carrillo is held to a fiduciary standard with his clients, the highest standard for customer care under law. Andrew lives every day believing his client’s best interests are his as well.
Andrew Carrillo completed his undergraduate degree at Florida State University earning a Bachelor’s Degree in International Affairs with a focus in Finance. He is a graduate of the University of Pennsylvania, Wharton School Portfolio Management and Investment Strategies Program.
His clients are primarily high net worth Baby-boomers, Families, Retirees, Pre-retirees, and Institutions.
When he’s not helping clients reach their financial goals, Andrew is usually spending time with his family or studying and staying current with economic and financial planning topics. Andrew was born and raised in New York, but has enjoyed living in South Florida for the last 20 years and currently lives in Miami.
Learn More: http://www.barnettcapitaladvisors.com/
Investment Advisory Services provided by Barnett Capital Advisors a Registered investment advisor.
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Discussing the importance of working with a financial planner who is a fiduciary