How does AAM differ from management provided by other financial advisors?
Financial advisors typically provide a more passive form of asset management, they are more like financial administrators. Their approach is to divide your portfolio up amongst a variety of mutual funds, then your account is reviewed at specified intervals, such as quarterly, where the allocation of assets amongst funds may be mixed. Their philosophy is that no one can beat the market, so the clients assets are placed in a broadly diversified group of funds and the returns will roughly reflect the overall market. We actively manage clients portfolios, purchasing and selling equities at what we consider the most favorable time, not at a specified review date.
