Simplicity. It is something we should all strive for in an increasingly complex world. Whether that be your kitchen pantry, your golf swing or your finances. It is hard to believe that our team has been at Steward Partners for one month. I told my wife that I feel like the transition happened yesterday but I also feel like we have been here for a long time.
The past month has afforded our team the time to better understand the internal systems of our new firm. But more importantly, we now have a better grasp of the client experience. And I am happy to report that “simplicity” describes that experience.
How can this transition help simplify my finances?
Fewer accounts
We are planning to consolidate the number of investments accounts for most clients. Since there is no “perfect” individual investment strategy, we think it is important to continue to diversify. Therefore, most investors will benefit from complimentary strategies. This helps reduce risk and increases your probability of success. At our old firm, we were not able to manage multiple investment strategies within the same account. At Raymond James, we now have that capability.
Monthly statements that you can understand
Raymond James offers industry leading statements which make understanding “where you are” much more simple. We now offer a choice of two different monthly statements for our clients to pick from. This coupled with our enhanced performance reporting will make it easier to track your progress.
Aggregation of outside accounts
You will now be able to aggregate outside investments to your online portal. This will allow you to see ALL of your accounts (401(K), bank savings account, other investment accounts, mortgage loan balance, etc.) in one place.
Summary
Would it be easier for us to have one single investment strategy for each client? Yes! Does a “one-size fits all” investment strategy put the needs of the client first? We think not.
We are thrilled that our new home allows us to simplify your financial state while still providing tailored investment solutions for you and your family.