Asset management refers to the system monitors and maintains financial value. Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets cost-effectively. Through personal consultations, a profile of your individual investment needs, objectives, time horizon, and attitude toward investing is developed.
A personalized asset allocation and investment policy statement is then developed as identifying. This policy helps maximize investment returns relative to the risk tolerance through the carefully diversified allocation of investments.
Asset allocation policy is implemented by investing in a well-diversified portfolio – diversified among asset classes and styles. Individual stocks, top quartile mutual fund selections, Limited Partnerships along with pre-eminent institutional money management firms may be used to accomplish with selected objectives.
Investment portfolio is carefully monitored to ensure that it remains consistent with specific asset allocation policy. If the relative value of investment in any portfolio changes enough to become inconsistent with this policy, it is rebalanced.
Conduct annual reviews to evaluate performance, review investment policy, and corresponding individual account allocation relative to life changes and personal preferences. Provide statements of accounts including total asset value and a record of all transactions that occurred during the reporting period.