A faithful, veteran and professional portfolio manager – in these markets, the portfolio manager experience and knowledge is very important. Therefore it’s always crucial to check your one personal portfolio manager for his qualifications. You have to determine whether or not the staffs that charge on your past successes is still there and what are the changers that took place in the near future.
Transparency- a full transparency has to be established in a decent portfolio management. For example, how the strategy for selling and acquiring stocks is taking place including on the technical point of view. Can you check you portfolio regularly over the internet and what the frequency of the decision making.
Service- a series portfolio management company puts the costumer relationship ahead of all, while minding the personal costumer needs. An open door policy for the costumer problems is needed by a personal staff or person.
Performance- when coming to check ones portfolio management performance do not check for years of rises only but also on the bed years too. A portfolio manager that is able to lose less and win some more over the years opens a vast gap over its rivals.
Winning in a down turn markets is not a simple task at all when dealing with a portfolio management.
Costs- all the costs over the portfolio management need to be under recognition. You have to ask all the possible questions in order to prevent later misunderstanding. The fixed costs are: management fees and buy/sell fees. Sometimes the fees take the most importance when coming to choose portfolio manager. You have to understand that this is not the most important factor.
