Investment Managers

Written by Jessica Duquette
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Why You Need One

No matter how seasoned you are on stock market trading, it's always a good idea to have a third party review your portfolio now and again. An investment manager has years of experience and has seen just about everything there is to see in the world of trading. So while you may think you have some good ideas, your advisor can put you on a more direct path to success.

A successful investment manager never relies on assumptions or guesswork when dealing with their client's money. Gimmicks and fancy strategies should not play a role in the investment options they present to you. Base your decision on their past performances and their proven numbers. This strategy is the safest way to go.

Clear buy and sell target prices are imperative when handling your investments, and your investment manager should stay on top of these numbers. Conservative yet gain producing investments are an important factor in money management. Consistent strategy shows a great deal of discipline and these two qualities are the foundation of a good investment advisor.

Avoid Identical Portfolios

The final element to look for when selecting an advisor is individuality. While your advisor may service 20 people, each of you has different goals and comes from different financial situations. What an advisor recommends for one client, may not necessarily be right for you. Avoid identical portfolios. Each customer has their own goals and objectives and each will take a different road to achieve.


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