Finance Expert Nils Larson Manager Provides Tips on Finding a Financial Advisor in a Pandemic
Nils Larsen manager urges investors to use a financial advisor to safeguard their savings during the pandemic economic downturn.
Los Angeles, CA - ( NewMediaWire ) - October 14, 2020 - Nils Larsen manager, who himself manages clients’ investment portfolios, urges individual investors to consult with a financial advisor to help them navigate the ever-changing economy. In the wake of the coronavirus pandemic, the financial markets have been unpredictable. However, with the right portfolio manager, you can keep your investment savings on track without panicking.
Nils Larsen, Manager, Discusses Two Types of Portfolio Managers
According to Nils Larsen, manager of financial assets, clients can choose from two types of portfolio management professionals. You can choose from an individual operating on their own or an institution with many managers at your disposal. Both types can satisfy your earnings goals. Therefore, it comes down to which you prefer.
What to Look for in a Portfolio Manager Per Nils Larsen Manager
Nils Larsen manager suggests starting with an understanding of what portfolio managers do. Acting on your preferences, portfolio managers will invest your money in small or large, value or growth, active or passive income streams. They add value by attempting to perform better than the market in general.
- Small-cap versus large-cap refers to the type of market capitalization used by the companies you invest in.
- Value versus growth refers to whether you want to focus on maintaining your current assets or future growth.
- Nils Larsen manager says that active versus passive investing refers to the level of risk that you are willing to take.
Nils Larsen manager describes the method that portfolio managers used to invest your money.
Nils Larsen, Manager, Discusses Portfolio Manager Strategies
Because individual clients typically have set time horizons, you need a portfolio manager who will target your financial goals so the money will be there when you need it. Institutional clients have larger funds to invest and typically look at longer horizons. Therefore, you may wish to go with an individual portfolio manager rather than a large financial institution.
Savvy managers know how to mix the various asset classes such as real estate, private equity, bonds, and equities to achieve your individual goals.
Strategic Asset Allocation, according to Nils Larsen manager, refers to how your investment is split between the various classes. For example, you may choose to invest in 50% equities, 40% bonds, and 10% real estate funds.
By diversifying your assets, you can maintain and grow your wealth even during a global pandemic. Look for portfolio managers who have helped other clients move their assets around to hedge for losses expected during the COVID-19 pandemic, advises Nils Larsen, manager.