Do business with capable portfolio management people.

It is not easy to find a capable portfolio management people. Some are very good, but they may have requirements like a minimum amount invested to take care of your portfolio.

If you do not have the required amount, you will not be able to do business with these people.

Why do some portfolio managers require a minimum amount invested to manage your account?

It take the same time to invest larger amounts than smaller. Since their fees as a percentage is usually less than brokers and managers that deal in smaller portfolios, they need to manage larger portfolio in order to make a decent profit.

These managers will make as much and maybe more money managing your account but it will cost you less.

Reputable managers

Choose a reputable portfolio management Society. We have seen so many horror stories lately.

People that where quite loose with ethic, cheaters that worked more for their pocket than yours.

Investments that disappeared, investors that woke up one morning to find out that they were defrauded and lost all their assets.

Many very competent independent portfolio administrators still exist that have honest and capable staff.

Banks, Trusts, Credit Unions

Another option is to go with your bank's affiliated company. That is a good place to start, if you are ever not satisfied, you can always transfer your portfolio to another financial institution.

Your money will be safer in the Bank's affiliated Company than in the hand of any very small broker. Many of the larger Credit Unions also have affiliated portfolio management companies.

How to invest?

Once you have chosen a portfolio manager, sit down with him and define what type of investment is more suitable for you.

If your broker is serious, he will for sure recommend longer-term investments like buying stocks that you will keep for a period of 5 to 7 years. Maybe governments bonds are good for you.
You do not want to pay brokerage commissions all the time, this would hurt your return on capital.

Your broker should be a real professional and have access to major financial analysis. Do not rely on friends or any other non competent people that will give exclusive tips on a stock you should buy.

Those tips are rarely based on realistic analysis and more often than not, you will not make any profit from those tips and maybe loose money.
Rely on your capable portfolio manager. Check meaningful ratios.

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