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What Does An Investment Manager Do?

Are you thinking about hiring an investment manager? Wondering what to expect? Where to start? And if their fee is worth it?

Hi, I’m Bradford Ferguson with Halter Ferguson Financial. There are a lot of unrealistic expectations out there, so let me break it down for you.

Let’s start out with what an investment manager can’t do. They can’t:

  • Forecast the economy
  • Time the market
  • Promise an equity portfolio that outperforms its peers

No one can. There is no crystal ball with all the answers, and someone that promises prognostication should not be trusted.

Now that you know what they can’t do, what should you expect a good investment manager to do for you? They should:

  • Create a portfolio tailored to your long-term goals
  • Save you more than their fee in time, effort and worry
  • And save you more than their fee by preventing you from making the classic behavioral investment mistakes

A good investment manager deals in planning and long-term perspective.

They should build your portfolio based on your goals and your priorities, not on a view of the economy or the markets or some crystal ball. Your portfolio should give you the best possible chance to achieve your goals, for the reasons that matter to you.

To get clear on your goals -- and detail a more specific vision of your ideal ideal future -- a financial plan is a great place to start. Once you know where you want to go, a good investment manager will work to get, and keep, you where you want to be.

To learn more about a holistic approach to your finances, where planning is the first step to a more secure financial future, watch the presentation in the link below or in the post.

Brad Ferguson
Brad Ferguson
Brad is the chief investment strategist for Investment Management at Halter Ferguson Financial, Inc. Brad graduated with a Bachelor of Arts in economics and statistics from Northwestern University and is a Chartered Financial Analyst™ charter holder. Prior to joining Halter Ferguson Financial, Brad was a stock options trader on the Chicago Board of Options Exchange for 5 years. Brad is Past President of the CFA Society of Indianapolis and served on the Finance Council of Saint Maria Goretti Church. For more than 12 years, Brad has managed investments for individuals, families, small business owners, and 401(k) plans.

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