How Do You Pick A Money Manager?
What a glorious day. You’ve come to that point in your life where you want someone else to help you manage your assets. What criteria should you use to find the right person for you? Criteria One — Are “they” trustworthy? I know what a way to start a list. Use a big cliche. But, honestly, trust is what it is all about. However, how can you determine they are trustworthy? Here is comes the power of the internet, friends, and networking. Search the internet for the individual and the company they work for. You may need to narrow your search by location, but usually if there are good or bad reviews you will find them. Ask your friends who they use. Ask them if they have heard of this person or their company. Finally, ask your business contacts. You may in fact want to start with your friends and business associates to see who they use first and then do some research. Criteria Two — Are “they” good at what they do? Simply put, how do they perform. This one is somewhat tough. But if most
