Goal Track
Investors have been making the same mistakes throughout history, buying when they should be selling and selling when they should be buying. This endless cycle of fear and greed has significantly deteriorated portfolio performance over time. To help investors break this cycle, Morgan Keegan offers a truly unique mutual fund management program we call Goal Track. This non-advisory program is designed to help investors take control of their financial future through a collaborative investment management process, which focuses on achieving clearly defined goals – your goals.
Through the Goal Track process, each investor is assisted in establishing their financial goals along with the degree of risk/volatility they are willing to accept. Working with your advisor, we construct a risk profile and statement of investment policy so you will understand what is happening and should be happening in your account. With clearly defined goals in place and defined tolerance for risk established, we then provide what is essentially the road map to deliver you to the defined goal, with clearly defined quarter-by-quarter milestones to be achieved. Ongoing, we manage your assets through a collaborate process to the goal you have defined – delivering truly personalized goal-centric investment management.
But more importantly, by focusing your attention on the things you can control, namely your goals, you will be less likely to focus on the things you cannot, such as the irrational gyrations of the market. Relative to the day you begin your journey, there is no day which goes by where we cannot quantify for you in specific terms where you should be in your track to meet the goal(s) you defined and what you need to do to keep yourself on track.
All investment products including mutual funds involve risk. Principal value and investment return will fluctuate, so an investor's shares/units when redeemed may be worth more or less than the original amount. A complete explanation of risks, charges and expenses may be found in the prospectus. Investors should carefully read and understand the information contained in the prospectus before investing or sending money.
Preferred Funds Discretionary
The Preferred Funds Discretionary Program is a fee-based advisory program. The Preferred Funds Discretionary Portfolios are constructed and managed by Wealth Management Services' Investment Strategy Committee. Within the Preferred Funds Discretionary Program, you can choose to implement your investment strategy with either no-load and load-waived mutual funds or with ETFs. Portfolios are available to you with the benefit of professional investment advice for one convenient quarterly fee. To keep you posted on your progress, the Preferred Funds Discretionary Program provides a customized performance report on a quarterly basis.
Mutual Fund Services
Mutual Fund Custody Services: Mutual fund companies are legendary for the amount of paper they generate for accounting purposes. In order to assist clients with mutual fund paperwork, Morgan Keegan offers our Mutual Fund Custodial Service. We can now consolidate all your mutual fund holdings into one single monthly account statement. All your account activity will be listed in one place. But the real value of this service comes at tax time. Instead of receiving multiple 1099's for each of your individual fund holdings, Morgan Keegan will provide one consolidated 1099 statement. Another important part of this service involves your tax basis accounting. Unlike some other firms who hold your funds in one large account, Morgan Keegan maintains your individual transaction records, which can simplify the accounting for tax purposes.
Strategic Portfolio Review Service: There are numerous companies that offer to review your fund holdings, and Morgan Keegan has similar capabilities. However, many investors own more than just mutual funds in their investment portfolios. Our Strategic Portfolio Review Service will incorporate all of your holdings – mutual funds, stocks and bonds – into the process so you can see where your mutual funds fit within the overall portfolio, highlighting potential gaps. As part of this service, we will help you to determine if your holdings are appropriate for your specific risk tolerance.
If you would like additional information regarding any of our mutual fund products or services contact your Morgan Keegan financial advisor today. If you would like for someone call you to discuss our products and services in greater detail please fill out our contact form or feel free to visit one of our branch offices.
All investment products including mutual funds involve risk. Principal value and investment return will fluctuate, so an investor's shares/units when redeemed may be worth more or less than the original amount. A complete explanation of risks, charges and expenses may be found in the prospectus. Investors should carefully read and understand the information contained in the prospectus before investing or sending money.
