Selecting the Best Investment Companies

investment companies

With so many investment companies how do you know you are choosing the best?

To find the best investment companies when choosing how to invest money in real estate, it is important to first decide what type of service you expect from an investment firm.  There are three things that you need to do first: identify your goals, research the reputation and background of the company, and determine the type of relationship you want with the firm.  Invest the time required to obtain this information because this process will help to clarify your expectations and improve your chance of success.

Your goals are the most important part making the best investments  decisions.  Choosing investment companies depends completely on what it is you want to achieve.  Make a list of the three tasks that you want investment companies to provide and look for a firm that meets your needs.  Many people have common goals, and so the basic expectations are shared.  Most people are looking to increase wealth, minimize loss, and capitalize on all opportunities.

Look at investment companies financial statements, marketing material and public trading records.  Ask for references from investment advisors that have investments with them.  Review the investment companies’ performance over the last five years and how they performed when the market was up and down. Discuss their investment strategy, risk evaluation process and the size of their contingency fund.

In addition, invest the time to compare their results with other investment companies.  The only way to rank a company is to compare it with other firms that are operating in the same markets and providing the same services.  Look at the names of the top ten brokers and investigate their career path. It is not uncommon for brokers to switch between companies.  Check the performance at both companies around the time of transfer.

The type of firm that you select must be able to meet your needs.  The kind of relationship that you have with investment companies determines the long term satisfaction you will have with them.  You have two options: active and passive.  Although your needs may change over time, your profile will remain the same.

Active investors like regular communication with their investment companies on new opportunities, stock trades and sales and overall performance.  They want their broker to know their name and goals. Passive investors want regular reports on their account activity but are not interested in participating in the decision making process.  Decide what type of investor you are and select a firm that specializes providing the type of service you want.

Your search for investment companies stops here.  Asset Quest is a highly dedicated team of investment managers, ready to help you grow your portfolio and wealth.  To learn more, contact us at 239-541-8448.