Courtesy Morgan Stanley
By David L. Cumming
Preparing for an annual financial review may be easier than you think. With a checklist in hand and your financial advisor by your side, review key considerations and together discuss any potential corrective actions to ensure you are on track to meeting your goals.
Do I need to rebalance my asset allocation? Depending on the performance of your investments, you may want to examine whether your mix of stocks, bonds, cash, and other assets is close to your target.
If you have not reviewed your portfolio lately, you may be surprised at what you find. It’s possible that your current asset allocation has changed quite a bit since the last time you checked, due to the different performance of the various investments in your portfolio.
