Consolidating investments into one advisor. Five Reasons to Consolidate Assets with One Advisor.



Consolidating investments into one advisor

Consolidating investments into one advisor

That tactic could, however, be raising your risk, inviting costly fees and preventing you from creating a sound retirement strategy.

It is not uncommon for some investors to think a well-diversified portfolio means spreading your assets out among different financial institutions or advisors. Indeed, media hype may suggest multiple advisors can enhance the security and success of your portfolio.

The Risks to Your Money As the saying goes, quantity does not trump quality. Risk can increase if you are overweight or underweight in some investment classes.

A well-balanced portfolio provides checks-and-balances for market ups-and-downs — strategies that can only be implemented with complete knowledge of the extent of your assets. There can also be tax consequences. Say you have a large capital gain with one advisor, and he or she suggests creating capital losses by selling underperforming stocks to help reduce taxes owing at year-end. Consolidation is even more important as you prepare for retirement. With a consolidated view of your assets, one advisor can help you decide how and in what order you could be withdrawing from your income sources to help maximize after-tax income.

Benefits of Consolidating with One Advisor There are very clear benefits to having a single, trusted advisor help manage your assets: Multiple advisors blindly buying different funds or stocks without a proper overview means you may likely not know your true risk.

Consolidating assets with one advisor typically lowers the management and transaction fees you pay since prices can differ among institutions and some fees are paid on a sliding scale tied to the value of your assets.

Simpler Reporting and Administration: With one advisor, paper or online statements come from one source, and tax reporting related to investment income and dispositions can be easier to manage. You can avoid the nightmare that so often happens when deceased investors have accounts in multiple locations — some of which may be forgotten. With one advisor, your surviving family members or beneficiaries have one point of contact you trust.

Your advisor can help make consolidation easy with helpful advice and simple transfer documents. Speak with your Edward Jones advisor for more information on creating a more focused and cost-effective approach to managing your money. Member — Canadian Investor Protection Fund. Welcome to the Edward Jones Website. This site is published in Canada exclusively for residents of Canadian jurisdictions where our products and services may be legally offered. The services offered within this site are available exclusively through our Canadian advisors.

Edward Jones' Canadian advisors may only conduct business with residents of the province s in which they are registered. Single copies of our Internet pages may be downloaded or printed solely for personal use. It is otherwise prohibited to modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information, software, products or services obtained from this site.

Edward Jones is a limited partnership in Canada and is a wholly owned subsidiary of Edward D. Edward Jones and its independent affiliate in the United States, collectively, serve nearly 7 million investors.

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LITECOIN ADDED TO TWITCH!!!! Why The Market Consolidation? (Nano Analysis)



Consolidating investments into one advisor

That tactic could, however, be raising your risk, inviting costly fees and preventing you from creating a sound retirement strategy. It is not uncommon for some investors to think a well-diversified portfolio means spreading your assets out among different financial institutions or advisors. Indeed, media hype may suggest multiple advisors can enhance the security and success of your portfolio.

The Risks to Your Money As the saying goes, quantity does not trump quality. Risk can increase if you are overweight or underweight in some investment classes. A well-balanced portfolio provides checks-and-balances for market ups-and-downs — strategies that can only be implemented with complete knowledge of the extent of your assets. There can also be tax consequences. Say you have a large capital gain with one advisor, and he or she suggests creating capital losses by selling underperforming stocks to help reduce taxes owing at year-end.

Consolidation is even more important as you prepare for retirement. With a consolidated view of your assets, one advisor can help you decide how and in what order you could be withdrawing from your income sources to help maximize after-tax income.

Benefits of Consolidating with One Advisor There are very clear benefits to having a single, trusted advisor help manage your assets: Multiple advisors blindly buying different funds or stocks without a proper overview means you may likely not know your true risk. Consolidating assets with one advisor typically lowers the management and transaction fees you pay since prices can differ among institutions and some fees are paid on a sliding scale tied to the value of your assets.

Simpler Reporting and Administration: With one advisor, paper or online statements come from one source, and tax reporting related to investment income and dispositions can be easier to manage.

You can avoid the nightmare that so often happens when deceased investors have accounts in multiple locations — some of which may be forgotten. With one advisor, your surviving family members or beneficiaries have one point of contact you trust.

Your advisor can help make consolidation easy with helpful advice and simple transfer documents. Speak with your Edward Jones advisor for more information on creating a more focused and cost-effective approach to managing your money. Member — Canadian Investor Protection Fund. Welcome to the Edward Jones Website.

This site is published in Canada exclusively for residents of Canadian jurisdictions where our products and services may be legally offered. The services offered within this site are available exclusively through our Canadian advisors. Edward Jones' Canadian advisors may only conduct business with residents of the province s in which they are registered. Single copies of our Internet pages may be downloaded or printed solely for personal use. It is otherwise prohibited to modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information, software, products or services obtained from this site.

Edward Jones is a limited partnership in Canada and is a wholly owned subsidiary of Edward D. Edward Jones and its independent affiliate in the United States, collectively, serve nearly 7 million investors.

Consolidating investments into one advisor

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