Why Hiring an Investment Manager Is Worth It
An accomplished investment manager, David C. Burke has a strong track record of business success. David C. Burke serves as chairman and CEO of Selby Lane, LLC, a finance company serving investment management firms.
Investment managers are professionals who are experienced in creating and managing an investment portfolio. They offer strategic advice on what assets to buy and sell as well as how to allocate assets. The following are several reasons to hire an investment manager:
1. Continuous help
Often, people end up sitting on investment money, particularly money held in retirement accounts. Investment managers are responsible for rebalancing portfolios and assets, so they continually look at every investment account a client has to ensure they get the most returns possible.
2. Keep individuals accountable
People who make savings and investment goals on their own can easily make excuses for why they didn’t meet those goals. With an investment manager, these excuses are not so easily accepted. Rather, investment managers make sure their clients stay on track with their investment plan and will assist with course correction if necessary.
3. Make decisions easier
At some point, every investor must make decisions about changes to their portfolio. They may feel uncertain about making these decisions because of their lack of experience. Since investment managers better understand the markets, they can guide clients in making the best possible decisions for their situation.