Once I have a clear understanding of the client's needs, I create an asset allocation model that balances risk and return based on the client's profile. This involves selecting a mix of asset classes, such as equities, fixed income, and alternative investments, that have the potential to achieve the client's return objectives while staying within their risk tolerance.
I maintain this optimal asset allocation by regularly reviewing the client's portfolio and making adjustments as needed. This may involve rebalancing the portfolio to ensure that the asset mix continues to align with the client's risk tolerance and return objectives. Additionally, I stay in close communication with the client to ensure that any changes in their financial situation, goals, or risk tolerance are incorporated into the portfolio.