Secure Financial Planning in Aspen, Colorado
Hello everyone, my name is Andy Godfrey and I'm the owner of Arena Financial Advisors, a financial planning business located in Aspen, Colorado. Our firm specializes in providing financial advice, guidance, and planning services to individuals, families, and businesses in the area. At Arena Financial Advisors, we strive to provide our clients with comprehensive and personalized advice that is tailored to their individual needs. We work with clients to develop investment strategies, plan for retirement, manage their debt, and establish sound financial goals. We also offer tax planning services and help our clients to maximize their deductions. We are committed to helping our clients reach their financial goals and take pride in providing the highest quality of service.
First we evaluate your risk tolerance through a test which measures how you react to different volatility scenarios in the stock market, specifically how you feel about losses. After we have that base score we rank the amount of risk in your current portfolio using metrics provided by Standard & Poors. We then compare the two scores, how you currently feel about risk, and the amount of risk you have, and I would say 9 times out of 10 those two numbers are pretty far apart, meaning my clients say they don't want risk, and yet they have it. After we discuss reducing portfolio risk so my clients can sleep better at night, we then begin evaluating strategies that best support this goal—while also offering a reliable, lifetime income stream.