Why Heritage Wealth management group?
FOR OUR INVESTORS
Wealth Management Investors- Norfolk Financial Advisor - Local Financial Advice - Investor Financial Advice

“We want to change the relationship you have with your money. You may not know exactly how much you have or more importantly, need, but do you believe you need more? If you are like most people, the answer is yes.”

We want to change the relationship you have with your money. You may not know exactly how much you have or more importantly, need, but do you believe you need more? If you are like most people, the answer is yes.

Most people agree that the lack of enough money makes us unhappy, and we all could benefit from the use of more. But the operative word here is not “more” or “less”, it is “use.” Our approach is predicated on helping you drill down to determine your life goals, and ultimately establish how best to use your money to achieve them. Those goals help define the “how much is enough.” Sounds easy, but it is not.

We will get very personal, and sometimes we ask questions you don’t want to answer. If the questions are uncomfortable, they are also necessary and critical to your achievement of your goals, and our ability to follow our primary mission, do what is always in your best interest.

Without rigorous honesty, the plan may be easier to construct, but the foundation will be flawed and subsequent actions may work against us.

With rigorous honesty, we can help identify specific financial objectives and milestones, which then leads to an in depth planning process to accurately identify the choices you will face and the actions required to stay on course. We will help you make course corrections as dictated by changing circumstances, monitor the investment environment to make sure your money is always efficiently working for you to enrich your life experience, all the while never losing sight of your ultimate goal.

Now lets explore in a little more detail the services we provide.

WHY CHOOSE
Heritage Wealth Management Group?

Many firms in our industry offer some if not all of the following services –

  • Financial Planning
  • Estate Planning
  • Investment Management
  • Wealth Management

The difference is the way we approach them. We view the world a little differently than most Registered Investment Advisory firms.

Financial Planning

Financial Planning in its simplest form is like charting a course to a destination. But if you don’t know the destination, you cannot chart an accurate course. At HWMG we believe the basis of effective financial planning is to first establish your goal, your lifetime destination. To us, this is the critical step in changing your relationship with your money. By clearly articulating your ultimate life goals, you will then be inspired to put your money to work for you and take the steps that will move you from point A to point B.

The next step is awareness and education.  We will help you become aware of how your money can work for you, and provide you the financial education to keep you on track. Becoming aware of the intimate details of your cash flow, your fixed costs, your disposable income, your assets, your spending habits, and the potential pitfalls that lurk in the shadows, you will be properly equipped to develop a plan and follow it.  Nothing is wrong with plan changes and corrections, life throws us curve balls all the time. The challenge is to be prepared for the unexpected, make necessary course corrections and never lose sight of the ultimate goal.

Our Financial Planning process takes these, and all the nuances that go into them, into account as we help you plot your course to achieve your lifetime goal. We will ask lots of What and When questions. But probably the most challenging and important, Why questions.

Financial Advisor - Financial Advise - Wealth Management Firm - Wealth Management

And the intangible, but often most important piece – What if…?

Done properly, the financial planning process is intensely personal, it can be somewhat uncomfortable to share financial habits we may not be proud of, but if we are not thorough, the map is incomplete and will not get us to our destination.

  • Net Worth & Cash Flow Planning
  • Cash Flow Analysis
  • Household Budgeting
  • Education Funding
  • Charitable Giving
  • Tax Planning
  • Insurance Planning and Risk Management,
  • Employee Benefits Optimization
  • Estate Planning
THE BASICS
  • Professional Management
  • Investment Risk Tolerance Review
  • Asset Allocation Strategies
  • Investment Policy Implementation, Monitoring & Reporting

Investment Management

Based upon the individual risk tolerance and investment policy profiles of our clients, we select the most appropriate investment vehicles from a wide range of options for each of our clients’ portfolios. We also make uses of some of the top money management talent in the industry in a cost effective manner through our institutional relationships.

We may include some or all of the following in pursuit of your personal investment objectives:
  • Bonds for capital preservation, income, risk reduction, and cash flow needs.
  • Stocks for growth, dividends, longer-term goals, and a hedge against inflation.
  • Sector Allocations and ETFs.
  • Real estate for appreciation, income, and exposure to hard assets.
  • Domestic and international holdings for geographic, economic, and geopolitical diversification.
  • Passive index and actively managed investments for efficient and effective deployment.

Diversification as a means of reducing portfolio risk also leads to a greater focus upon asset allocation than individual security selection as the primary source of investment return.

" It's all about community and trust. "

Wealth Management

Financial Planning is the foundation, Investment Management forms the walls. Wealth Management is the entire structure. Wealth management is the holistic approach to helping you reach your life objective and maintain the proper relationship with your money. The financial plan identifies all the elements that make up your wealth, and the appropriate steps you must take to meet and surpass each hurdle along the way toward the ultimate objective.  Investment Management is the role HWMG fulfills in providing the professional advice necessary to put your money to work most efficiently, consistent with your risk tolerance and investment policy documents, to help achieve your objectives.

Wealth Management is more than just investment management or financial advice. It is the use of all resources at our disposal to help grow, protect, effectively employ and ultimately, distribute according to your instructions, your wealth. We do not just integrate advice and financial products with an established plan.  We take a holistic approach to our relationship with you. If we don’t have the internal skills needed, such as specific legal, trust or accounting expertise, we will work with outside experts either as directed by you, or from a universe of relationships we have that you can choose from. We view our role as the coordinator of all the related financial services needed to achieve your current and ultimate life goal for you and your families.

“Wealth Management is more than just investment management or financial advice. It is the use of all resources at our disposal to help grow, protect, effectively employ and ultimately, distribute according to your instructions, your wealth.”

Introducing riskalyze

A fundamental reason why many investors under perform the market is they lack discipline. You’ve heard the old adage “Buy low, sell high.” But how many folks do you know who do just the opposite?

They follow the herd and, running scared, they sell when the market drops and the talking heads say the sky is falling. These same folks will move back into the market when it is “safe,” typically when the indexes are moving up and the doomsayers are now singing the market’s praises.

In other words, they buy high and sell low. Their emotions are in control.

Riskalyze is one of many tools we use to help clients ride the ever shifting wave of market movements, using investment discipline to help allay their fears in downturns and bolster their confidence in upturns.

Ready to take the next step in your financial journey?