In investment advisory, a professional provides you with advice, information and recommendations regarding various investment products. You retain full control over your porftolio and make all decisions regarding your investments. The advisor assists you in selecting investments that align with your indidual financial goals, risk tolerance and time frame. Opportunity costs are for sure one of the highest risks related to investment advisory.
Do you want to spend your valualbe time with studying investment proposals or do you prefer to spend your time on your job, hobbies and passions? If it is the latter, then you are rather an asset management client.
In discretionary wealth management, you delegate full responsability for managing your portfolio to a professional wealth manager, most preferable to Baltrag AG, your independent asset manager in Basel.
A wealth manager has the authority to make investment decisions on behalf of you and manages the portfolio according to
- pre-established investment goals (Conservative, Balanced, Dynamic)
- guidelines e.g. home currency (CHF/EUR/USD)
- detailed contract
- including e.g. investment restrictions
You do not need to approve each individual transaction. You trust the wealth manager to make decisions in your best interest so that you may sit back and relax.
An asset manager is less emotional about investment decisions and more focused on fundamental data and is open to all asset classes, what helps you also during difficult and turbulent periods to stay invested with lower volatility. Asset managers are here to assist you with all your questions and doubts especailly during periods of bumpy markets in order to prevent selling investments at an unfavouralbe point of time.
If you want to know more about asset management with Baltrag, please visit us on www.baltrag.com
