Be choosy while picking up a Portfolio Manager

A portfolio manager is an individual who understands the client’s financial needs and designs tailor made investment solutions with minimum risks involved and maximum profits. 

i. Market knowledge:
Make sure the portfolio manager you choose has complete market knowledge and knows about the existing investment plans and the various risks involved. Taking the assistance of someone who himself is not clear about the market policies does not make sense.

ii. Understands and explains client’s needs:
Look for a Portfolio Manager who is ready to understand your risk return profile and is ready to explain product benefits in a jargon-free language, and help you decide what is best for you.

iii. Sound qualifications and trustworthy:
A portfolio manager should be trustworthy. The portfolio manager should posses good credentials, sound qualifications, and adequate assets under management.

iv. Unbiased and Independent:
Look for Portfolio Managers that are truly unbiased and independent.