How to Pick the Perfect Investment Manager

Sandy Spring Trust Choosing Your Investment Manager

Evaluating an investment manager is no easy feat. At first it seems impossible to know who really is as knowledgeable as they say or who actually has your best interest at heart. To help you make the right decision, we've put together this resource as you search for the perfect portfolio manager.

Have questions? Give us a call 800.770.5417 and let's start the conversation.

How to Choose Your Investment Manager: Education Check the educational background and certifications for the entire team. You're looking for the entire team. You're looking for a mix of expertise. Key Qualities: A great investment manager is honest, transparent and accepting of your ideas. If they're not willing to be open about their strategies, that's a warning sign. Other Considerations: The individuals) should have solid experience and a proven track the record of success. Their attitude should be positive and optimistic an, most importantly, they should be interested in YOUR. Goals: Are your goals and best interests considered? Have an Investment Policy Statement (IPS) in place so that your guidance, objectives and risk tolerance are defined, affirmed and available for the entire portfolio team to reeview. Process: What is their process and how do they make decisions? Make sure they Have a defined discipline and that you understand it. Also, ask what resources they use when makeing investment decisions. A collaborative team approach is best as it draws upon each individual's strengths. Best Interest: Are they a fiduciary? Your manager should be independent and transparent, ideally a fiduciary to ensure their decisions aren't based on sales. Fiduciaries are legally and ethically obligated to act in the best interests of their clients. Ideal Traits: Other Qualities to Consider. Balanced investing approach. Easy to talk to and rerelatable. Accessible dore is always open attitude.

 

See for yourself the difference working with Sandy Spring Trust will have on your portfolio, reach out today and let's get started! Please visit sandyspringbank.com/wealth or call us at 800.770.5417.

  • Disclosure

    Wealth products Not FDIC Insured | No Bank Guarantee | Not a Bank Deposit | Not Insured by Any Government Agency | May Lose Value.

    Economic data released by Bloomberg Markets in subscriber-based economic reports. https://www.bloomberg.com/markets.

     This material is provided solely for educational purposes by Sandy Spring Bank, and is not intended to constitute tax, legal or accounting advice, or a recommendation for any investment strategy or transaction. You should consult your own legal, accounting, tax advisers, and/or portfolio manager regarding your specific situation and needs. Our staff will work closely with your advisers to coordinate your overall plan. 

    Sandy Spring Trust is a division of Sandy Spring Bank, Member FDIC. Sandy Spring Trust and the SSB logo are registered trademarks of Sandy Spring Bank.