SUCCESS STORY
Alex, Formerly Unsatisfied
Primary Goal
Invest with professionals who offer client-specific solutions
The Background
Alex was a client at a typical retail broker. He thought the service was passable, but not outstanding. Alex didn’t have transparency into his account and had the impression his broker was simply putting him into momentum-based ETFs. He couldn't help feeling like he was set adrift in a sea of in-house mutual funds managed by unknown “professionals,” one more portfolio in a "set and forget" mode. His funds were regularly underperforming, and he grew tired of waiting on the customer “help line.”
The Mandate
- Desiring a relationship with a manager who could discuss his investments in a meaningful way
- Not wanting to own ETFs and other essentially passively managed
- Seeking an investment team with real-world experience and deep understanding of customer service
- Looking for an RIA who would consider his specific needs when constructing and managing the portfolio
The Result
At BIA, Alex has access to managers with real-world Wall Street experience. He’s getting exposure in credit, equity, and derivative instruments that complement his goals and risk tolerances. He understands the thesis behind the positions in his portfolio and has frequent communication with a partner at BIA. Alex doesn’t just “own” the market via ETFs; he owns a portfolio of companies hand-selected for him by professionals at BIA with decades of Wall Street experience.
The Summary
Your investment portfolio is an important asset and should be managed by trusted partners with who you have a personal relationship. If you're underwhelmed by your current broker, consider calling BIA for a consultation.