Private Wealth Consultants St. John

Private Wealth Consultants St. John

When it comes to protecting your financial future, it’s important to have a plan in place. Private wealth management is a category of financial services that aims to help individuals grow their money and safeguard it for tomorrow. One reason you might seek out a financial advisor for a  private wealth consultation in St. John is if you are already privately wealthy and are looking for help managing your assets. However, the individual services at Prosper Financial may also be geared towards advising individuals who more broadly wish to save for future generations of their family, understand changing financial circumstances, and more.

What is Private Wealth Management?

In general, private wealth management is likely to encompass a range of other financial services, like financial planning or portfolio management. When you work with a financial advisor for wealth management, we’ll start by discussing your current financial situation as well as your goals for the future. The objective of private wealth management is to maintain and encourage your money to grow through strategies that are appropriate for the levels of risk you are comfortable with. 

If after your initial consultation you choose to continue with our services, our team will move forward to implementing your financial plan. At any point during this process, you can check in with us to ask questions about your accounts. So long as you are using our services, our advisors will continue to provide support with regular statements, detailed reports, and more. 

When Should I See a Financial Advisor?

If you have never worked with a financial advisor before, you may be wondering whether it is necessary. One of the most common reasons that people seek out a financial advisor is to navigate increasingly complex finances. When your financial plan gets complicated, you may find it helpful to discuss the situation with a professional who has the experience needed to suggest new courses of action. 

Additionally, many people choose to see a financial advisor when they are going through major changes in life. Perhaps you have recently been married or divorced, or maybe you are planning to welcome new children in the near future. New financial situations can also arise from changes in career path, whether it’s joining a new company or starting your own business for the first time. When taking on these changes, a financial advisor can work with you to strategize a new plan for the situations that may follow. 

Scheduling a Consultation Near St. John

For privately wealthy individuals looking for new ways to manage their money, consulting a financial advisor may be able to help. Prosper Financial’s St. John advisors can meet with you to discuss financial strategies that aim at helping your money grow. We’ll work with you to develop a plan that addresses your goals for the future, whether that’s an early retirement, new business, or another venture. Contact us today to schedule an appointment with a member of our team.