Our Risk Management Services:
We apply up to 6 tax-smart investing techniques in your managed portfolio at different times throughout the year, some as early as the day you fund your Portfolio Advisory Services account.
within your Portfolio
In addition to our services below that mitigate risk, there are two ways within the market we plan for risk management – one passively and one actively:
Proportion of Taxable vs. Tax-Deferred Assets
Market Cycle Awareness
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With Harding Financial
For A Complimentary Phone Consultation
Get a one-one consultation with our risk management advisors to begin the conversation about your risk management goals, needs, and current financial situation.
See our Frequently Asked Questions below for commonly asked questions about Rick Management.
Frequently Asked Questions
What aspects of your financial health are subject to unnecessary risk? How much risk is appropriate for you to assume? Every individual has unique attitudes, tolerance, and capacity for risk. It is our job to uncover as much information as we can about your specific situation to make an accurate assessment of appropriate risk within your financial plan. Some people have a higher capacity to assume risk but don’t have the tolerance for it. Others have higher risk tolerance but no capacity for it. It’s crucially important that we get to know each of our clients intimately and not just through a questionnaire. Risk assessment is a complex, but extremely important aspect of financial plan development because it affects every recommendation HFG presents you with.
One of the distinct advantages of working with an independent, fee-based Registered Investment Adviser like Harding Financial Group is that the level of customization within your portfolio is virtually limitless. We do not use “model portfolios” where your money is invested the same as everyone else of similar profile to you. We are not affiliated with, nor do we receive any incentive financially or otherwise, to sell or recommend any one company’s investment products over another. We work with clients through a collaborative approach to define their financial goals and curate a portfolio of thoroughly vetted investments to give them the best chances at achieving those goals. If there are certain industries or companies that you do not want to support, we will honor those wishes and present you with viable alternatives. At Harding Financial Group, we can select from the entire universe of available investments from all different providers which gives us the ability to objectively choose what’s best for you.
Many people between the ages of 55 and 64 years old think about obtaining LTC insurance because signs of aging have become more prevalent in their daily lives. LTC insurance pays a fixed dollar amount (varies by policy) toward expenses incurred due to extended stays in nursing homes & other assisted living facilities, and will sometimes even reimburse a family member if they are taking care of you once you lose the ability to perform any one activity of daily living on your own (Ambulating, Grooming, Toileting, Dressing, Eating). Premiums are determined by your age, gender, and general health. The premiums will increase the older you get. Some insurers will issue LTC policies to people as young as 18, but many will only issue to people age 30-40 at the earliest. LTC insurance will be cheaper annually the younger it is purchased, but an important consideration is that younger insureds pay for many more years. There are alternatives to LTC-only insurance such as life insurance policies with LTC riders which offer more flexibility and affordability in some cases. The appeal of Long Term Care insurance to many is that it helps give people peace of mind that they won’t become a burden to their loved ones, financially or otherwise, but the decision to purchase LTC insurance should be thoroughly explored with a qualified financial professional.