Navalign Wealth Partners helps clients navigate important financial decisions amidst the coronavirus pandemic and economic recovery.
Impulsive moves today could breed your biggest tomorrow. When emotions and money intersect, the effects can be financially injurious. Emotions can cause us to overreact – or not act at all when we should. As we move through the current economic downturn caused by the coronavirus pandemic, this is especially pertinent.
The recent financial crisis has raised public awareness of how fear and emotions can affect our financial decision making. Working with a fiduciary financial advisor is essential for individuals and business owners interested in protecting their assets and making smart financial decisions when dealing with the fallout from COVID-19.
What you need to know is that at Navalign, we are working diligently to support you through this tumultuous time. While COVID-19 is a serious public health issue, this is not the end of the world. If you want to talk through your investments, update your financial plan or discuss the impact to your business, we encourage you to learn more and setup a meeting today.
Fear and anxiety can lead us to be stubborn when it comes to our finances. Some of us have looked at money one way all our lives. Others have had more malleable perspectives that change throughout their lives. When someone who has only one view of money is affected by something that happens outside of their frame of reference, they may feel fear or panic.
While some investors are concerned with the recent economic downturn, those with a longer investment time horizon are seeing opportunities. “Good companies may be benefiting, to some degree, from this pandemic” said Stephen Rischall, CFP® co-founder at Navalign Wealth Partners in a recent interview with CNBC. But not everyone should be investing more while the stock market is down, "It really depends on your personal financial situation" said Rischall.
While it is important to be rooted in your beliefs, the market is constantly changing. Additionally, your plans and the way you feel about things will change over time. Therefore, it is important to make educated decisions that considers your personal values and the economic markets long-term, accordingly. That's why Navalign utilizes a holistic approach helping clients align personal values and goals with their financial goals. This empowers clients to create a sustainable long-term financial strategy that they are motivated to implement, balancing short-term needs and future goals.
The company provides best in class fiduciary financial planning, investing, wealth management and business retirement plan services. To eliminate potential conflicts of interest and ensure complete transparency, Navalign has a 100% fee-only fiduciary policy; clients pay the firm directly for services and they do not accept any other form of third-party compensation or commissions. More details can be found at https://navalign.com.
Navalign Wealth Partners has recently been recognized as one of the top fiduciary wealth management firms in Los Angeles in 2020. The award is a confirmation of Navalign’s commitment to always serving their clients’ best interest and the firm's unique blend of personal service with smart technology. Their growing team of Chartered Financial Analyst® and Certified Financial Planner™ professionals serve clients locally in Los Angeles and remotely across the United States. More information can be found at https://threebestrated.com/financial-services-in-los-angeles-ca.
