Keeping proper account on how you spend your money could be difficult if you are the type that always loves having burning hole in your pocket. Remember the popular saying ‘money doesn’t grow on trees’ so it is advisable to spend it wisely. When you begin to teach yourself the right principles of money very soon, you will understand how to structure your finances and make money work for you instead of the other way round. One of the best ways to manage your money is having proper knowledge on how to invest it wisely to get a good return on your investment.
Smart investors are very much aware that they will need someone else to help them manage their money if they are not capable of making it a full job themselves. In other words, it’s impossible to be the jack of all trade. If you are the kind that takes business as a full-time job, it’s advisable to avoid trying to make money managing your portfolio. unless you are investing full-time, you should consider using an asset management company that will carry out the investment on your behalf. Don’t forget that these people are professionals in their field and their main objective is to help people make money. When it comes to diversifying your portfolio, asset management companies know exactly the right channels to invest your money and how to balance your risk. A reputable company is going to guide you through the risk assessment involved to determine how inclined are you. Once they can understand your level of risk, proceeding to the next stage would be very easy, which have to do with determining the amount of money you want them to manage on your behalf.
When you allow asset management companies to invest your money, you can rest assure that they are experts and has the technical know-how on the best ways of channeling your money in a liquid investment that at the end will generate a high return on investments. This is possible due to their years of experience and technicality. You can be sure of good diversification of your money that will yield a better result when compared to doing it yourself. These groups of investors have huge sums of money in millions and some in billions of dollars which they manage that gives them a greater advantage as far as investment opportunities are concerned.
Intentionally budget your income. Stop eating out, going to the movie, going on the fun trips. Find an asset management company that can make your money work for you. Remember we are not sacrificing just to sacrifice. You’re not telling yourself no. You’re telling yourself not yet. So the question is, do you want to be financially struggling the rest of your life, or invest your money wisely and life of your dreams?
Asset management companies
Edward Jones
105 Kandemor Lane
Rocky Mount, NC. 72804
(252) 443-2202
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J.D. Power
3200 Park Center Drive
13thFloor
Costa Mesa, Mesa, CA 92626
Phone Number: (888) 621-6200
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Fidelity Investment
82 Devonshire Street
Boston, MA 02109
Phone Number: (617)-563-7000
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Charles Schwab
211 Main Street
San Francisco, CA 94104
Phone Number: (415) 667-7000
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Wells Fargo Advisors
One North Jefferson Avenue
St. Louis, Missouri 63103
Phone Number: (866) 224-5708
Raymond James
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Ameriprise Financial
55 Ameriprise Financial Center
Minneapolis, Minnesota 55474
Phone Number: (800) 862-7919
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Merrill Lynch
Four World Financial Center
250 Vesey Street
New York, City 10080
(800) 637-7455
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U.S. Bank
800 Nicollet Mall
Minneapolis, NM 55402
Phone Number: (651) 466-3000
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UBS Financial Services
1285 Ave of the Americans
15th, 16th, 17th, 18th Floors
New York, NY 10019
Phone Number: (212) 713-2000
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Morgan Stanley Smith Barney
1585 Broadway
New York, New York 10003
Phone Number: (888) 454-3965
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Prudential Financial
751 Broad Street
Newark, New Jersey 07102
(800) 346-3778
The Hartford
One Hartford Plaza
Hartford, CT 06155
(860) 547-5000
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Ariel Investments, LLC 615
East Michigan Street, Floor 3
Milwaukee, WI 53202-5207
(Phone: 800-292-7435)
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