Risk Management

Risk management is crucial in preserving and growing wealth. At Encompass Financial, we provide comprehensive risk management services designed to protect your assets and mitigate financial uncertainties. Our team works closely with you to identify potential risks, from market volatility to unforeseen life events, and develops tailored strategies to minimize their impact.

Comprehensive Risk Assessment

Evaluation of potential financial risks based on personal goals, assets, and liabilities.

Insurance Review and Planning

Analysis of existing life, disability, and long-term care insurance coverage to ensure adequate protection.

Portfolio Risk Analysis

Regular assessment of investment portfolios to balance risk and return, including diversification strategies.

Asset Protection Strategies

Implementation of legal and financial tools to safeguard assets from creditors, lawsuits, or unforeseen liabilities.

Liability Management

Strategies to mitigate risks associated with personal or business liabilities, including debt and legal exposures.

Estate and Trust Planning

Creation of structures like trusts to protect assets and reduce estate tax burdens.

Emergency Fund Planning

Establishment of a cash reserve to cover unforeseen expenses or emergencies without disrupting long-term financial goals.

Market Risk Mitigation Wills and Trusts

Use of hedging, diversification, and other strategies to protect investments from market volatility.

Business Continuity Planning

For business owners, strategies to ensure financial stability in the event of illness, disability, or death.

Cybersecurity and Fraud Prevention

Implementing measures to safeguard personal financial information and prevent identity theft or cyber fraud.