This is a common question asked by many young people who have just started their journey to save for their future. If you have this question, then I am glad that you intend to invest for the long term. I am also glad that you are open to seeking the help of an expert to help you make your investments.
However, if you are considering to take the help of a high-quality financial adviser providing you the service face-to-face, then, unfortunately, the amount of investible assets that you have is not sufficient.
Typically, high-quality wealth managers do not serve clients with lower investible assets, with many highly-skilled portfolio managers expecting to manage at least one million dollars from each client.
- the delivery of personalised investment advice to the client, and
- the management of the funds invested by the client using interactive interfaces and algorithms.
This enables the firm to provide a high-quality digital investment management service for a low fee. This also allows the firm to provide access to the service to those who can invest smaller amounts, such as yours, for the long term. Our firm QuietGrowth is an example.
- Should I use a robo adviser or invest by myself?
- What does it take to make DIY (do-it-yourself) investments rather than hiring a financial adviser?
- Is setting up a family office worth it compared to availing a robo-adviser service for my wealth of $20 million?
- An introduction to discretionary investment management
- Financial advisers and discretionary investment management
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