This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Slide 1
Slide 2
Slide 3
Whats the Difference? The Retail financial industry is where
most of the public receives its advice and financial instruments.
The Institutional financial industry is how the large institutions
and very affluent consumers access their advice and asset
management.
Slide 4
Whats the Difference Retail is, by definition, the sale of
products to the public. Everyone has access to the same thing Good
for investors who are just starting to save and a good way to
generalize financial services Institutional level investment and
advice is customized to you and more comprehensive. Better for
investors that have already saved their nest egg and need a
customized approach before and through retirement.
Slide 5
Retail Investment Generalists: Offer a broad range of packaged
financial products but dont specialize in any particular area. Tend
to utilize commissionable transitions with clients. Ask your
advisor or broker: How do you get paid?
Slide 6
Slide 7
Institutional Wealth Managers: Typically, fiduciary advisors
take a comprehensive approach to meeting clients needs. Highly
customized and consultative approach to constructing financial
plans Tend to work on a residual fee basis for their services.
Slide 8
Institutional Asset Management The same level of asset
management used by large institutions, endowments, funds and
wealthy individuals. Your money is not pooled together with others
into a fund. You receive a customized selection of securities in
accordance to your specific investment objectives.
Slide 9
Institutional Level Advice Clients deserve institutional level
professionals working on your behalf. Wealthy clients have
benefited from the advice and management of these institutional
managers for years. We believe our clients deserve that same access
and have set up our independent firm to provide just that.
Slide 10
Our Wealth Management 3 phases: 1. Consultative process:
Establish a close relationship with our clients to get a detailed
understanding of your wants, needs and objectives. 2. Customized
choices and recommendations: We focus on investment management,
insurance, estate planning and retirement planning. 3. Ongoing
active management of the customized solution: Work very closely
with our clients to communicate what's happening within their plan
and together make any appropriate changes to meet your needs.
Communication is key!