Our risk management tool, the FSA Safety Net, helps protect our client portfolios in volatile markets to provide peace of mind and a legacy of trust.
Has your portfolio caught the coronavirus?
I’m Jim Joseph, President of Financial Services Advisory. At FSA, we’re a wealth management firm that essentially wears two hats; both financial planning and investment management.
In an environment like this, what is it that we do that’s different from most firms? Well, the main tool that we have is a risk management tool, it’s something called the FSA safety net. Which is, it’s basically it’s a stop loss that we assigned to every security in your portfolio. And once the price of that security has fallen through a certain level, whether it’s 4%, 6%, 10% we sell that security and that security goes to the safety of a money market fund or to some other investment. And what that does in an environment like this, as the market begins to rollover, each fund in its own time begins to trip through that safety net. And then within a month or so, you could find your portfolio 100% in money markets.
As you consider your personal situation, please know that we’ve learned many lessons over the years, and the biggest feedback we get from our clients is the peace of mind that they have each and every day.
At FSA, we have a proven track record as well as a legacy of trust with our clients.
We hope that you found this video post valuable! For more information related to financial planning and our FSA Safety Net, feel free to contact us!