MONEY MANAGER
A business or bank responsible for administering the securities portfolio of an individual or investor. A money manager employs people with broad expertise, from research and selection of investment options to watching the assets and deciding when to sell them. The manager has the responsibility to select and manage investments prudently for his or her clients. It also involved developing a suitable investment strategy, as well as purchasing and selling securities in order to meet the financial goals.
Also called portfolio manager or investment manager.
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