How can I protect my family from financial risk?
It is important to identify the types of risk your family may encounter. Risk means different things to different people. Financial risk can be split into two categories: personal risk and investment risk. Personal risks can include risk of income loss, risk of life, risk of disability and risk of relationship breakdowns.
In terms of investment risks, they include portfolio risk, market fluctuation risk, inflation risk, risk of outliving your savings, and risk of losing your principal.
An experienced advisor is trained to recognize the types of risk your family faces and provide strategies to minimize them.
"Jennifer has been most honest and upfront with keeping me informed with both positive and negative information regarding my investments, especially when we go through rough market periods. I like the fact that she takes time to visit me on a regular basis. More of a persoanl approach." Gail F.
