Investment management is central to wealth accumulation and preservation. Various investment services are tailored to different investment needs and objectives. Here’s an overview of the main types of investment management in Orange County.
Discretionary Investment Management
In discretionary investment management in Orange County, you delegate the daily management of your portfolio to a professional. Your investment manager makes buy and sell decisions on your behalf based on your financial goals and risk tolerance.
Non-Discretionary Investment Management
Non-discretionary investment management involves the investor making the final decisions on the investments. The investment manager provides advice, but the investor has the final say on whether to implement the advice.
Asset Allocation
Asset allocation distributes investments in several asset categories, like cash, bonds, and stocks. It aims to achieve a balance between reward and risk by adjusting the asset percentages based on investment time frames, goals, and risk tolerance.
Portfolio Diversification
Investment managers help diversify your portfolio across different asset classes and sectors. This strategy aims to reduce risk by spreading investments across various areas which may respond differently to the same event.
Active and Passive Management
Active management involves investment managers buying and selling stocks and other assets to beat the market average. On the other hand, passive management invests in market index funds with the goal of matching market returns.
When seeking comprehensive investment management in Orange County, visit the Cooke Wealth Management website. Their team of professionals is dedicated to providing tailored investment strategies that align with your financial objectives.
