Financial Planning and
Investing
That Matters
Why Risk Management Matters
Our team offers comprehensive risk management as part of our comprehensive financial planning service. Risk management is designed to make sure that you’re covered for all possibilities, and helping you have peace knowing your finances are secure in unforeseen circumstances. We are excited to offer this service to you.
What is Risk Management?
Risk management revolves around identifying any potential events or circumstances that could put your financial security at risk. These are things like loss of income, loss of life, accidents, and more, anything that could have a catastrophic financial consequence. Once these risks are identified, we’ll come up with a plan to make sure that your covered in the event that any of these risks occur.
Why is Risk Management Important?
A catastrophic event can severely set back your progress on the goals that you’ve been working toward. Risk management is important because it helps you to adequately protect yourself against these events and safeguard the progress you’ve made. Risk management gives you confidence that you’ll stay right on track in any circumstance.
Who is Risk Management For?
Everybody faces risks that could create a financial burden, so risk management is for all of us. Regardless of income, stage of life, or other circumstances, we all have a unique set of risks that need to be identified and planned for. We’ll be able to brainstorm and list the risks that affect you and review any policies you have in place to make sure that you are adequately covered. We want you to have security and confidence in your financial plan, and risk management is an integral part the plan.
What Kind of Opportunities Might Be Identified?
We’ll take a look at all of your options for managing your risks and determining what the most appropriate solution is. Common opportunities to guard against risk are insurance policies like life insurance, disability insurance, property and casualty insurance, and liability insurance. Additionally, you might benefit from planning how to reduce certain risks as well. For example, parking away from other cars in parking lots may reduce the potential for accidents.
What Do We Need From You?
Copies of any existing insurance policies, including life, disability, long-term care, and property and casualty insurance. We will make sure that you are equipped with adequate coverage to protect you and your goals.
Connecting You to Your Investments:
Investing Client
Invest with confidence, knowing that multiple entities are working toward protecting your financial assets.
You have the freedom to choose to interact with your financial professional through a fee based or commission relationship, or both, based on your financial needs.
Financial Professional
A registered representative is licensed to sell securities, provides financial guidance to their clients and is typically paid a commission when you purchase a financial product.
An Investment Advisor Representative (IAR) provides financial guidance to their clients and is generally paid a fee for either managing assets, giving advice, or both.
Investment Firm
A broker-dealer facilitates the buying and selling of securities on behalf of the registered representative licensed with the firm and holds responsibility for regulatory compliance and adherence to securities laws.
A Registered Investment Adviser (RIA) processes the fee-based business of IARs licensed with the firm and holds responsibility for regulatory compliance and adherence to securities laws.
Custodian and Clearing Firms
Custodian and Clearing Firms provide the trade execution, clearing, custody and other services for securities and related transactions.
An independent broker-dealer can choose a non-affiliated clearing firm to provide the trade execution, clearing, custody and other related services for clients of their financial professionals. A clearing firm may also be a registered broker-dealer. Clearing relationships are typical throughout the industry and allow your financial professional to focus on helping you achieve your investment goals while taking advantage of the clearing firm's safeguards for the physical protection of your assets.
Regulators
The Securities Exchange Commission (SEC) is an agency of the U.S. government that oversees the Financial Industry Regulatory Authority (FINRA), which in turn oversees broker-dealers, clearing firms, and your financial professional. Both the SEC and FINRA require members to comply with various rules intended to regulate and oversee the operation of financial markets and the sales practices of financial professionals. Regulators aren't associated with, and do not endorse Cambridge. You can review the regulatory standing of Cambridge and each associated financial professional by visiting FINRA's BrokerCheck.
Certified Financial Planner ™️,
Sustainable Investment Advocate & Author
Christian is committed to helping his clients pursue their financial goals and lifetime dreams by bringing sound financial knowledge and trustworthy advice to a lasting relationship with each individual, family and business he serves.
