Private Wealth Management Firm Releases New Guide Revealing How Wealthy Invest

 

Miami, FL -- (SBWIRE) -- 11/21/2013 -- 1650 Wealth Management, a private wealth management firm located in Fort Lauderdale and Miami, Florida, published an investment guide today entitled, “How The Wealthy Invest, What They Know That You Don’t”. The investment guide reveals investment strategies utilized by not only the ultra-wealthy, but major institutions and endowments that create total diversification strategies, utilizing alternative investments to protect, grow and preserve their wealth.

Tom Balcom, CFP®, CAIA, MBA, Founder of 1650 Wealth Management and author of the guide, states that major institutions and endowments, such as Harvard, Yale and Stanford, face the same challenges as retirees, such as meeting current and future cash flow needs, in addition to addressing inflation concerns.

“These institutions look to construct portfolios that have a combination of income and growth investments to adequately meet their current and future needs. They aren’t following the standard 60/40 allocation model of stocks and bonds. The average investor should be looking to the investment strategies of these large institutions to reach their short and long-term financial objectives,” states Balcom.

As an independent, private wealth management advisor, Balcom has been serving high net worth individuals and families for over 14 years. In 2005, his passion for protecting and preserving his clients wealth, led him to receive his Chartered Alternative Investment Analyst designation. Balcom was the recipient of the 2008 Structured Product Associations, “Leading Edge Advisor” award for his innovative work with structured investments, classified as alternative investments.

“After experiencing the stock market roller coaster ride over the past 14 years, which included two declines of 50% or more, many investors have sought the safety of cash or money market investments. Unfortunately, many of these investors may or may not know that staying in cash will not provide them with the growth required to combat current and future inflation,” says Balcom.

Balcom’s goal in publishing this investment guide is to educate investors on creating total diversification investment strategies that include the use of alternative investments, for both growth and protection benefits. Many investors and even wealth management advisors still adhere to the standard 60/40 diversification model, he states. He is hoping to change that. He speaks at industry conferences nationally educating wealth management advisors on the benefits of utilizing alternative investments within their client’s portfolios.

To receive a free copy of the investment guide, “How The Wealthy Invest, What They Know That You Don’t”, please visit www.1650wealth.com.

About 1650 Wealth Management
1650 Wealth Management is an independent, private wealth management firm located in Miami and Fort Lauderdale, Florida. We specialize in creating and implementing custom, comprehensive and sophisticated investment management strategies, designed to grow and protect wealth, while employing tax minimization strategies. Our fee-only, independent wealth management advisors posses over 40 years combined investment management expertise providing credentialed, objective and transparent investment counsel, with a fiduciary duty. We serve high net worth individuals, families, professionals, business owners, executives, retirees, foundations and endowments, providing exceptional, comprehensive, personalized service. We welcome people to meet with our experienced wealth management advisors and invite them to schedule a free 60 minute consultation to discuss financial objectives. Call us today to schedule a no-obligation consultation at (800) 658-9560 or visit us online at: www.1650wealth.com or follow us on Facebook at: www.facebook.com/1650Wealth

Contact:
Tom Balcom, CFP®, CAIA, MBA
Founder, 1650 Wealth Management
9100 S. Dadeland Blvd, Suite 1500
Miami, FL 33156
Phone: 305-222-7822
Email: tombalcom@1650wealth.com
http://www.1650wealth.com