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Finding a managed account
If you're evaluating managed accounts that your
adviser has recommended, or if you're scouting for investment
managers on your own, an important first step is to know your
investing style — conservative, moderate, or aggressive.
Once you clearly understand your financial boundaries —
the investment risks you won't take, how much you want to be involved
in investment decisions, and so on — you can identify investment
managers and managed accounts that are likely to suit you.
All investment managers should be able to make
a strong case for choosing the accounts they offer on the basis
of: |
| Past performance vs. appropriate
benchmarks |
| Sound investment philosophy |
| Consistency in pursuing stated objectives |
| Clear, informative reporting |
| Responsiveness to accountholders' special instructions |
| Reasonable fees for the level of service provided |
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| Other points you might consider include: |
| Typical client profile |
| Average individual account size |
| Policies on customization |
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