Investment Management Services in Parsippany, NJ
At Leicht Financial Planning and Wealth Management, we create strategies with the goal to help you manage and invest what is most important to you and your family. Our approach to asset allocation and investment planning focuses on developing strategies that seek to help you:
- Meet income needs over time
- Manage risk in line with your goals and time horizon
- Manage growth to outpace inflation
An emphasis on due diligence
LPL Financial’s open-architecture investment platform and stringent due diligence provide us with access to a wide array of top industry talent in constructing your portfolio. The LPL Research Team employs a strict, highly disciplined investment manager screening process that results in a recommended list of select, leading industry portfolio account managers. Managers on the recommended list must continue to meet strict criteria over time to remain on the list.
As independent advisors, we have access to a full array of non-proprietary financial products and services as we work with you to help ensure that your assets are strategically allocated, diversified and managed. We seek to create investment strategies tailored to your needs, which may include:
- Cash and money market funds
- Municipal, treasury and corporate bonds
- Domestic and international stocks
- Mutual funds
- Exchange-traded funds (ETFs)
- Fixed and variable annuities
- Strategic Asset Management (SAM)**
- Model Wealth Portfolios (MWP)
- Alternative investments*
*Alternative Investment Strategies include hedge fund strategies, private equity, managed futures vehicles, structured products, equipment leasing partnerships, real estate investment trusts (REITs), 1031 real estate exchanges and oil and gas partnerships. Please note that this service is offered through our brokerage partnership with LPL Financial.
**SAM is offered through LPL Financial, A Registered Investment Advisor, Member FINRA/SIPC.
No strategy ensures a profit or protects against loss. Investing involves risk, including possible loss of principal. Past performance is no guarantee of future results.
Frequently Asked Questions About Investment Management
What is investment management?
Investment management is the process of developing, implementing, and monitoring an investment strategy designed to align with your financial goals, time horizon, risk tolerance, and overall financial plan. It often includes portfolio construction, ongoing oversight, rebalancing, and risk management.
How does investment management fit into a comprehensive financial plan?
Investment management is one component of a broader financial planning strategy. Investment decisions are often coordinated with retirement planning, tax strategies, estate planning, insurance planning, and wealth preservation goals to help create an integrated approach to managing wealth.
What is asset allocation and why does it matter?
Asset allocation is the process of dividing investments among different asset classes, such as stocks, bonds, and cash equivalents. The allocation chosen can influence a portfolio's potential risk and return characteristics and is typically based on an investor's goals, timeline, and comfort with market fluctuations.
How often should my investment portfolio be reviewed?
Investment portfolios should generally be reviewed on a regular basis and when significant life events occur. Changes in financial goals, retirement timelines, income needs, or market conditions may create opportunities to reassess investment strategies and portfolio allocations.
What is the difference between investment management and financial planning?
Investment management focuses specifically on managing investment portfolios, while financial planning takes a broader view of your financial life. Financial planning may address retirement readiness, tax planning strategies, estate planning, insurance needs, and other financial goals in addition to investments.
How can investment management help prepare for retirement?
Investment management can help align a portfolio with retirement objectives by considering factors such as time horizon, income needs, risk tolerance, and long-term growth goals. A well-designed investment strategy may evolve over time as retirement approaches and financial circumstances change.
Can investment management help reduce investment risk?
While all investments involve risk and there is no guarantee against loss, investment management often incorporates diversification, asset allocation, portfolio monitoring, and risk management strategies designed to help manage exposure to market volatility and changing economic conditions.
What should I consider when choosing an investment strategy?
Important considerations include your financial goals, investment timeline, income needs, risk tolerance, tax situation, and overall financial plan. An investment strategy should reflect your unique circumstances rather than a one-size-fits-all approach.
Why is diversification important in investing?
Diversification involves spreading investments across various asset classes, industries, and geographic regions. While it does not guarantee a profit or protect against loss, diversification may help reduce the impact that any single investment or market segment has on a portfolio.
Should high-net-worth investors have a different investment strategy?
High-net-worth individuals and families often have more complex planning needs that may include tax-efficient investing, wealth preservation, estate planning considerations, charitable giving strategies, and legacy goals. Investment management can help coordinate these priorities within an overall wealth management strategy.