Investment Management refers to an asset management company that invests in shares, bonds, and real estate. It is also referred to as money management, private banking, or portfolio management. They serve insurance companies, pension funds, corporations, charities, educational establishments, and private enterprises. They purchase, upgrade and maintain, and sell real estate to maximize profit. Getting an investment management firm up and running involves hiring marketing managers and professional managers who will run individual portfolios, deal with marketing, settlements, internal audits, and make reports for clients. There are several key people you have to have on staff, and they are:
Money Manager. This person will oversee all of the portfolios, and manage them for a small fee. They also control all the cash flow for institutions that are assigned to them. Your money manager will ensure that there are enough funds in the accounts to avoid being overdrawn.
Investment Manager. This person makes investments in portfolios on behalf of their clients. They buy and sell on a day to day basis, settle transactions, measure portfolio performance, and report to clients.
Managers of Mangers (MOM). This team is put in place to manage the current company’s investment managers. They have the power to fire incompetent investment managers and hire replacements.
All of these pieces come together to help make a successful Investment Management firm. If they all work in tandem, the enterprise has a better chance of being successful.
Matthew Autterson is an Independent Investment Management Professional that is a graduate of Michigan State University. Mr. Autterson currently holds the position of Wealth Advisor at WIN Wealth Management, an investment company he co-founded. He handles the day to day portfolio management of several clients and ensures that they are as profitable as possible. He also currently serves at Winterscheidt & Autterson, LLP, in Denver. Before these ventures, he honed his craft by acting as Vice-President of a $750 million Registered Investment Advisor in Minneapolis, Minnesota.