Key Questions for Your Portfolio Review

Let’s talk about keeping our financial future on track. Whether you're new to investing or have been at it for years, regularly checking in on your portfolio is an important way to stay engaged with your financial plan. The next time you meet with your advisor, or review your own accounts, consider these questions:

Are Your Goals Up to Date?

First, ask yourself: Are my goals still what they were last year, last month, or even last week? Life never stands still. Maybe you’ve started a new job, welcomed a new family member, or changed your mind about retirement. Your portfolio should reflect your current situation and goals, so make sure your objectives are up to date.

How Is Your Portfolio Positioned for Today’s Markets?

Markets change constantly, just like the weather. Is your mix of stocks, bonds, and cash still appropriate for your goals and risk tolerance? Sometimes, markets move in ways that change your portfolio’s risk profile. Periodic rebalancing can help keep your investments aligned with your financial objectives.

Any Major Life Changes or Cash Needs on the Horizon?

Look ahead. Do you have a significant expense coming up, such as a move or the arrival of a new family member? Maybe you’re expecting a windfall or inheritance. These events can affect your overall financial plan, so consider discussing them with your advisor. Planning ahead may help you prepare for these changes.

Do You Have the Right Estate and Insurance Coverage?

This is something people often overlook, but keeping your estate plan and insurance up to date is important. Are your beneficiaries current? Are your wills and trusts aligned with your wishes? Do you have the appropriate coverage for your needs? Having these items in order can help provide clarity and peace of mind.

Regular reviews like these aren’t about micromanaging—they’re about being proactive with your financial plan. By asking these questions, you can help ensure your investments and goals remain aligned. Consider scheduling a portfolio review with your advisor or setting aside time to review your accounts and financial objectives.

Disclosure:
The information presented in this article is for educational and informational purposes only and does not constitute investment, legal, tax, or financial advice. The material does not represent an offer, solicitation, recommendation, or advice regarding the purchase or sale of any securities or investment products. All investments carry risks, including the possible loss of principal. Past performance is not indicative of future results. You should consult your own registered investment adviser, attorney, or tax professional regarding your individual circumstances before making any investment or financial decisions.

This material is not intended to serve as personalized tax, legal and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Duncan Williams Asset Management is not a legal or accounting firm. Please consult with your legal or tax professional regarding your specific tax situation when determining if any of the mentioned strategies are right for you.

Sources:

Morningstar: https://www.morningstar.com/markets/5-questions-ask-about-your-portfolio-midyear-2025
Focus Partners WealthManagement: https://wealth.focuspartners.com/resources/investing/the-top-investing-questions-for-2025
Merrill Lynch: https://www.ml.com/articles/questions-to-ask-advisor.html
Fidelity: https://www.fidelity.com/viewpoints/investing-ideas/portfolio-checkup
White Coat Investor: https://www.whitecoatinvestor.com/portfolio-questions/
Dash Investments: https://www.dashinvestments.com/6-signs-your-investment-portfolio-needs-to-be-reevaluated/
CFP Board: https://www.letsmakeaplan.org/financial-topics/articles/investing/mid-year-portfolio-review-optimizing-your-investments
Butler Rainen Law: https://www.butlerrainen.com/your-2025-estate-planning-checklist-a-north-shore-will-and-trust-lawyers-guide-to-starting-the-year-right/
Clancy & Associates: https://clancyassociates.com/wp-content/uploads/2024/12/2025-Updated-Annual-Estate-Plan-Checklist.pdf
Morgan Stanley: https://advisor.morganstanley.com/the-meltzer-dunn-fakhoury-group/documents/field/m/me/meltzer-dunn-fakhoury-group/PWM_Checklist_2025_-_The_MDF_G_Group.pdf

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