WEATLH

MANAGEMENT

Our objective with wealth management is to help manage client's emotions, fears and expectations from having an undue influence on their decision-making and goals.  We help clients feel confident throughout the process with our ability to listen, collaboratively solve problems, proactive consult with you, our client, and our own personal accountability that stems from maintaining a long-term relationship with a financial team.

We have access to several products designed to help you reach your goals.  At Riverstone Asset Management, we take the time to understand the complete financial picture.  We view these as building blocks to best fit your financial needs at the time.  We frequently review your portfolio with you and recommend the appropriate changes when they present themselves.  

We have a plethora of products in our lineup, along with services and people to help with strategic planning for your specific needs.  We possess the capabilities of a leading financial firm and their ability to access a wide array of strategies for our clients.  Below is a listing of some basic investment products available to our clients.

Before investing, it is important that you consider your investment objective, risks, charges and expenses.  

Annuities

We have a selection of annuity products that may address a financial need.  These products are long-term investments and are subject to market fluctuations and investment risk.  They are sold by prospectus, you can obtain a prospectus by contacting your financial advisor.

Depending on your needs, risk tolerance, and time horizon, an annuity can be an effective and important part of your overall retirement strategy by providing certain guarantees to help you reach your goals.

If you’re in or nearing retirement and are looking to convert your assets into regular income for life, you may want to consider an annuity. Certain types of annuities can:

  • Provide you with guaranteed retirement income for the rest of your life or you and your spouse’s life

  • Offer opportunities to invest according to your objectives to achieve potential growth

  • Potentially offer favorable tax treatment

Popular types of annuities that offer lifetime income include:

   - Variable Annuities 

   - Indexed Annuities

   - Single Premium Immediate Annuities

If you’re preparing for retirement and your primary objective is building your savings, an annuity may fit your needs. Certain types of annuities can:

  • Provide upside growth potential with downside market protection

  • Offer an alternate way to grow your savings tax-deferred without annual contribution limits

  • Help you leave a legacy to your heirs

Popular types of annuities that can help you save for retirement include:

   -Index Annuities

   -Fixed Annuities

  Disclosure information on Annuities

Equities (Stock)

A stock is a share of ownership in a company, which entitles the owner, or shareholder, to own part of the company’s assets. They’re considered a relatively risky investment, because they can potentially lose all of their value. However, they can also potentially increase in value over time.  Stock investments can be a choice to grow the value of a portfolio and/or generate income.

 

Advantages and Disadvantages

Stocks have their pros and cons, depending on what you’re looking for.

Advantages

  • Voting rights. Because you’re part owner, you often can vote on matters like corporate policy, or who serves on its board of directors.

  • Convenience. Stocks are often easy and inexpensive to trade.

  • Higher potential return. If a company meets or beats profit expectations, its stock may increase in price over time.

  • Potential income. Some stocks pay out quarterly dividends.

Disadvantages

  • Price swings. Stock markets can be volatile, and price swings can be frequent — which means your stocks could lose a substantial amount of value in a very short time.

  • Not guaranteed. Stocks are not guaranteed to return anything to an investor. So, while the possibility for attractive, high returns is greater than with other investments, so is the possibility of losing money.

Types of equities available for trading are:

 - Common Stock on major stock exchanges

 - Unit Investment Trusts (UIT)

 - Exchanged Traded Funds (ETF's)

 - Preferred Stocks.  

Mutual Funds

A mutual fund is an investment company that pools money from many investors and invests the combined holdings in a single portfolio of securities including stocks, bonds, other securities or assets or some combination of these investments. It is professionally managed according to stated investment objectives found in the fund’s prospectus.

Mutual Funds are an efficient way for investor to diversify their investment holdings.  Mutual Funds have different investment strategies which we use to match with our clients objectives and risk tolerance.  Mutual funds generally offer broad diversification across different asset classes. Some mutual funds, such as target date or asset allocation funds, invest in other funds. These types of mutual funds offer diversification across hundreds or even thousands of securities.

Diversification is an investment strategy used to manage risk. By spreading your investments across different asset classes, industry sectors and types of investments, the fund seeks to reduce risk from any one investment. Although diversification can help manage risk it cannot guarantee a profit or protect against loss.

The fund families have different funds with strategies that consist of value, growth, growth and income, balanced, international, large cap, small cap, fixed income or target dated.  

 

We have available for our clients, some of the most widely recognized fund families has an investment option.

Advantages and Disadvantages

When you buy any investment, it's important to understand both its advantages and disadvantages. In the case of mutual funds, they include:

Advantages

  • Reduced risk through diversification. A diversified portfolio has the potential to provide more consistent returns through lowered volatility than investing in individual asset classes. Mutual funds are professionally managed portfolios that generally offer broad diversification in an effort to spread risk across a large number of securities, different asset classes, sectors, industries, and investment styles.

  • Professional management. Mutual funds are professionally managed, which means a fund manager selects the fund’s investments, monitors performance, and rebalances when necessary.

  • Ease of reinvestment. Mutual funds allow you to reinvest any capital gains interest or dividends earned automatically in additional shares of the fund. The option to reinvest earnings or income provides a base on which earnings can accumulate, thus providing the potential to generate greater earnings on your investment.

  • Convenience. Mutual funds are common and can generally be bought with a low initial investment.  You can sell your shares at any time the market is open at the fund’s current net asset value (NAV), which is usually set at 4:00 p.m. Eastern Time or after the New York Stock Exchange closes.

Disadvantages

  • No guaranteed return. Mutual funds cannot guarantee returns. Your shares, when sold, may be worth more or less than their original cost. Also, mutual funds are not guaranteed or issued by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Unlike a bank deposit, which is insured by the FDIC up to applicable limits, mutual funds have no such guarantee.

  • Market risk. Mutual funds are subject to market risk. The securities within the fund may fluctuate in response to general economic and market conditions and the perception of investors. Some funds may experience greater volatility than others. It is important to understand the fund’s level of volatility and your tolerance for market swings before investing.

  • Some have high expense ratios and fees. Some mutual funds have expense ratios that many experts consider high, as well as costly advertising fees and sales charges. You may also pay transaction costs, which include commission fees and other sales charges.

  • Lack of control. Because you don’t pick the investments in a mutual fund, you don’t have influence over which securities the fund manager buys and sells. You also can’t pick the timing or level of capital gains, if any, the fund will realize.

  Mutual Fund Disclosures 

Fixed Income

Fixed Income Investments are part of a diversified portfolio.  These investments include, but not limited to:

 - Brokerage CD's

 - U.S. Treasuries

 - Corporate Bonds

 - Municipal Bonds

While bonds are considered less risky than stocks, investing risks vary depending on the type of bond you buy. The interest rate is based on a number of factors, including the risk of the loan: The higher the risk, the higher the interest rate.

All bonds carry market risk, and if you sell the bond before the end of its term, you may not recoup the principal amount you paid. In addition, it’s important to note that the issuer may default on either the interest payments or the payback amount, or both. Keep in mind that interest rate fluctuations affect bond prices. When interest rates fall, bond prices tend to rise, and when interest rates rise, bond prices tend to fall.

An important part of your portfolio

Even if interest rates trend up, bonds can help add stability to your portfolio, potentially helping to:

  • Reduce fluctuations in the overall value of your portfolio

  • Contribute to meeting your income needs

  • Prepare for future expenses (such as college and retirement)

Brokerage CD Disclosure