D. Paterson Cope and Bobby Cope of Cope Private Wealth are no strangers to the wealth industry and have helped dozens of groups and individuals attain their financial goals, from those who have grown their wealth to those who are on their way to high growth. Pat Cope has been a financial advisor for over 30 years with multiple degrees including a Certified FInancial Planner qualification to his name. He has license to practice in multiple states and has done so in the course of his career. He resides in Alabama with his wife. Jennifer Miree Cope and his two sons, with his eldest son Bobby Cope also being a financial advisor and a partner at the firm.
There are dozens of benefits to accumulate wealth as early as possible. Having income saved and accumulated allows an individual to be prepared for incidents such as emergencies, sudden loss of income, or any unforeseen circumstances. These range from minor occurrences like a car breaking down to impactful events such as an unexpected death of a loved one. But not only this, wealth accumulation can have an individual prepared for their big plans in life as well like buying their dream car or house, or spending for an expensive wedding or trip. A good portfolio is essential even when purchasing more assets.
When planning for retirement, the financial advisors at Cope Private Wealth devote the time necessary to be the trusted stewards of their clients’ and their families financial legacy
The work they put into their clients is very meticulous and those who are already massively wealthy can acquire even more wealth when their assets are managed and invested correctly. It starts with a plan to maintain and increase a client’s wealth based on their age and current income, the assets they currently hold, and how much they are willing to invest and grow, with the target being financially stable and secure for the rest of their lives and for the legacy they leave behind. Over the course of their lives, Cope Private Wealth ensures that everything goes according to plan. This implies that not only do the wealth advisors at Cope Private Wealth invest their clients’ wealth accordingly, but also provide here guidance how they are spending and using their money if they want to reach the goal set out in the initial plan. They also know to consider the uncertainties that come along the way and have this kept in mind when planning out their clients’ assets. With plans including multigenerational and intergenerational state planning, retirement planning, and legacy planning, they make sure that regardless of what the situation may be, their clients can be ensured that their wealth is prepared and everything is taken care of.
In the world website we live in today, access has never been more convenient. Millions of transactions are done online around the world every day, and it is even more rampant with the global pandemic shifting the economy. According to the NBER, the average U.S. investor holds around 90% of their wealth in domestic stocks which in turn leaves very little room for global diversification. A global portfolio can be much more stable and yield better results. Having assets get more info allocated outside the national economy is one of the easiest ways to keep wealth secure and sustainable in the event something might go wrong. How a financial advisor usually goes about this is through international exchange trade funds here or ETFs. Identifying which ETFs are best in the market is imperative in how the investment would go over the years to follow. And with read more international exchange-trade-funds or ETFs being more accessible than they were a decade ago, tapping into the global market is now getting increasingly rampant and booming. A good financial advisor will strategically distribute their clients’ assets in the domestic and the international markets to have the best yield.
Multigenerational and intergenerational planning is a crucial aspect in the legacy of Cope Private Wealth’s clients and in ensuring financial security for their descendants and future generations to come.