The Financial Advisor Guide To Managing and Investing Client Assets | CFA

As a financial advisor, you have a fiduciary duty to act in the best interests of your clients. This includes managing and investing their assets in a way that meets their financial goals and objectives. This guide will provide you with the knowledge and skills you need to effectively manage and invest client assets.

The New Wealth Management: The Financial Advisor's Guide to Managing and Investing Client Assets (CFA Institute Investment Series Book 28)

by Harold Evensky

4.7 out of 5

Language	:	English
File size	:	3942 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	485 pages
Lending	:	Enabled
Screen Reader	:	Supported

FREE

Asset Allocation

Asset allocation is the process of dividing an investment portfolio into different asset classes, such as stocks, bonds, and cash. The goal of asset allocation is to create a portfolio that is diversified and has an appropriate level of risk for the client's individual circumstances.

There are many factors to consider when determining an appropriate asset allocation for a client, including their age, risk tolerance, investment goals, and time horizon. It is important to work with each client to develop an asset allocation that meets their specific needs.

Risk Management

Risk management is the process of identifying, assessing, and mitigating the risks associated with investing. There are many different types of investment risk, including market risk, interest rate risk, inflation risk, and currency risk.

It is important to develop a risk management plan that is tailored to each client's individual circumstances. The plan should identify the risks that the client is exposed to, assess the potential impact of those risks, and recommend strategies to mitigate those risks.

Performance Measurement

Performance measurement is the process of tracking and evaluating the performance of an investment portfolio. The goal of performance measurement is to determine whether the portfolio is meeting the client's financial goals and objectives.

There are many different ways to measure the performance of an investment portfolio. The most common measures include return on investment (ROI),Sharpe ratio, and beta.

Fiduciary Duty

As a financial advisor, you have a fiduciary duty to act in the best interests of your clients. This means that you must always put your clients' interests ahead of your own.

There are many different ways to fulfill your fiduciary duty, including:

• Providing your clients with accurate and unbiased information
• Making investment recommendations that are in your clients' best interests
• Managing your clients' assets in a prudent and responsible manner
• Avoiding conflicts of interest

Managing and investing client assets is a complex and challenging task. However, by following the principles outlined in this guide, you can help your clients achieve their financial goals and objectives.

If you are interested in becoming a financial advisor, I encourage you to pursue the Chartered Financial Analyst (CFA) designation. The CFA designation is the gold standard for financial advisors and it will provide you with the knowledge and skills you need to succeed in this field.

**Alt attributes for images:**

* Financial advisor discussing investments with a client * Charts and graphs showing asset allocation and performance measurement * The CFA Institute logo

The New Wealth Management: The Financial Advisor's Guide to Managing and Investing Client Assets (CFA Institute Investment Series Book 28)

by Harold Evensky

4.7 out of 5

Language	:	English
File size	:	3942 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	485 pages
Lending	:	Enabled
Screen Reader	:	Supported

FREE