New Jersey-based financial advisor Robert Gill has owned and lead Epic Wealth Management for more than a decade. Supported by a team of qualified professionals operating from his Red Bank, New Jersey office, Robert Gill works alongside businesses, families, and individuals to draft personalized financial plans that consider each client’s level of risk tolerance.

In order to determine risk tolerance, multiple factors must be taken into account, including the number of years before a client’s retirement and their investment goals. Investors can be broadly grouped into the three following categories:

Aggressive - Aggressive investors do not anticipate being reliant on income from their investments for at least 15 years. This allows for more risk taking and the opportunity for high rates of return. On the other hand, there is a higher likelihood of losses. 

Moderate - Older workers or early retirees may opt for a more moderate portfolio. Investors at this stage may shift more volatile assets into more consistent vehicles with higher liquidity.

Conservative - Retirees in this bracket will prioritize stability and consistency over return potential. These investors prefer reliable income sources like annuities from an established issuing company.