Definition of Money manager:
Finance professional who advises his or her clients on investment opportunities and manages their portfolios on their behalf.
In return for a fee, the money manager has the fiduciary duty to choose and manage investments prudently for clients, including developing an appropriate investment strategy and buying and selling securities to meet those goals. A money manager may also be known as a "portfolio manager," "asset manager," or "investment manager.".
A person employed to look after the financial affairs of a company or of individuals.
A money manager is a person or financial firm that manages the securities portfolio of an individual or institutional investor. Typically, a money manager employs people with various expertise ranging from research and selection of investment options to monitoring the assets and deciding when to sell them.
How to use Money manager in a sentence?
- Professional money managers do not receive commissions on transactions; rather, they are paid based on a percentage of assets under management.
- A money manager has the fiduciary duty to choose and manage investments in a way that puts clients' interests first, last, and always.
- A money manager is a person or financial firm that manages the securities portfolio of individual or institutional investors.
Meaning of Money manager & Money manager Definition