With the volatility in the stock market the need for professional investment management has never been more critical. You could increase your investment results by hiring a professional firm who works full-time to manage your money.
“A portfolio that goes down 50% and comes back 50% is still down 25 percent”
As an exercise, get out all your brokerage statements and start adding them up—the different mutual funds, an old IRA or two, some stock here and there. After you’ve tallied it all up, take a moment to consider the total. Underline it. Then ask yourself two serious questions. “Is this amount of money, I have worked hard for all my life, something I am capable of handling on my own?” and “Do I want to rely on a stockbroker who is paid to sell investments and generate commissions or should I engage an investment management firm that as a fiduciary is hired to increase my net worth and protect my assets?”
As the NASD makes painfully, often rudely clear, in every regulatory initiative, investors should never let their guard down with brokers that are compensated by a sales agenda. This is the point when the responsibility of managing an investment portfolio can not and should not be shouldered alone.
It is at this point we at Chippewa Partners would like to say one word to you.
Welcome.
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