Top 3 Reasons to Outsource Investment Management

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914483_the_gambleInvesting your finances in a range of different assets is something many people in a stable financial position decide to do. It is a popular way to boost personal finances and it is important that your investment portfolio is diversified in order to hedge against risk and increase the chances of it being successful.

For those who are new to investing, managing their own portfolio can be a tricky task. You will need a good knowledge of the markets to make the best moves and investments. This, and the following reasons, are why outsourcing your investment management to professionals such as Tilney can be a good idea.

1) Personalised Service

All investment management services will offer a personalised service to ensure that investments are made in line with your wants and needs. A dedicated investment manager will be put in charge of your investments, who you will be able to have quick and easy contact with when needed.

Regular meetings ensure that you are aware of what is going on and still have a big say in how your finances are handled. Risk profiling and objective setting help achieve this and meet all sorts of lifestyle and wealth goals, including retirement and inheritance ones.

2) Save Time and Effort

One of the main benefits of outsourcing your investment efforts to a professional is that it will save you plenty of time and effort. Even the most knowledgeable about financial markets may struggle to find the time to dedicate enough time to their investments.

Those with a busy working and life schedule but who still want to make investments should outsource them. This will ensure that all the investments you want to make can go ahead without eating too much into your time and draining all your energy.

3) Increased Investment Performance

Outsourcing your investments to a professional management company allows access to some of the best economic, equity and other financial knowledge you wouldn’t have otherwise. For those with little knowledge of investing it can easily be the best option as you are putting your finances in the hands of experts.

Unless you yourself are a financial expert, it’s likely that your investments will improve in performance. While your dedicated investment manager will listen to and act on your desires, they will also provide top advice and work towards improving your performance, which may at times involve warning you off certain moves.

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Investing Money

Derek

AUTHOR Derek

My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.

2 Comments

    • Hi ZJ! Great question. In my mind, it’s not so much a matter of funds today, but how young you are and how much you’d like to contribute each month. Basically, if you’re serious about investing for your future, then it’s worth seeking out an investment professional.


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