Investment management refers to the process of handling money being used for investments. Investment profiles are managed through sound decisions about safety purchases and sales.
Investment management consultants offer investment management services such as investment projections, money management, investment management planning, and investment counselling.
Investment management advisors can work as individual entities or might be a part of investment management firms. Those who work for reputable investment management companies are preferred over solo representatives because of their credibility and standing.
These advisors are qualified in business and also have relevant investment management experience.
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There are two types of investment management advisors, those who provide direct financial information to people or companies and people who provide asset management for corporate clients.
The services offered by investment management consultants are not given for free. The usual rate charged by these advisers varies depending on the project, the monetary investment involved, or the present standing of whom they advise.
They also charge higher prices for corporate accounts than they do to people because of the utter complexity of the tasks when catering to larger companies. Their fees may be calculated proportions of the assets gained, annual fees, or hourly prices.
Investment management advisors are monitored by private investment management associations and government run agencies to ensure the quality of their services. The certifications issued by government agencies and private associations protect investment management advisors and their clients alike.