Money Managers vs Stockbrokers

Money Managers vs Stockbrokers. Who should manage your money? Money managers bring more individualized attention to portfolios, manage assets and their discretion and make decisions on behalf of the client; paid on percentage of assets under management. If you make money, so does he. Same as if the market turns. Need to make sure investment strategy is similar to yours. Check their track record and how they perform in down markets. Stockbroker makes commissions based on buys and sells on behalf of client.

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[bendchod]

This was brilliant. Thank you