Our Wealth Management Process
At Sprott Private Wealth we have established an wealth management process that is continuous, uncovers where you are now, and determines what is required to assist you in achieving your goals. It is through this process that we are able to ensure your portfolio continually reflects your objectives.
Discovery Process
The 'discovery process' is an essential step in the wealth
management process. This is done by developing a detailed and
robust understanding of your unique objectives and constraints.
Risk Management Analysis
Managing risk is a critical component of the investment management
process. Your tolerance for risk will be discussed in detail, as
risk and reward are inextricably entwined. Almost all investments
involve some degree of risk and thus, risk management is an
important consideration in determining your asset allocation
strategy. Our risk management process aligns your goals with
reality, providing a framework for making prudent decisions in an
increasingly complex and uncertain world.
Asset Allocation
Many are surprised to learn that asset allocation, or the
distribution of an investor's portfolio across the various asset
classes (i.e. stocks, bonds, alternatives, and cash), is the most
important factor in determining long-term investment performance.
We draw on our understanding of your unique objectives,
constraints, and our knowledge of the external environment, to
construct a customized portfolio of different investments across
the various asset classes.
Review and Monitoring
Communication is an integral part of any successful relationship.
Regularly scheduled portfolio reviews will be an ongoing part of
your relationship with us. During these review sessions, your
household's information will be assessed to ensure that the data we
have on file is accurate. Additionally, the performance of your
portfolio will be evaluated against your financial goals. It is
through these review sessions that the progress of your investment
plan can be measured.
