Author: Bloom Investment Counsel, Inc.

The Job Of A Portfolio Manager Demystified

Written by Bloom Investment Counsel, Inc. on October 18, 2021. Posted in Financial Literacy. No Comments on The Job Of A Portfolio Manager Demystified

A portfolio manager is a person who is responsible for investing clients’ money, implementing investment strategies, and monitoring the performance of the portfolio to meet his or her clients’ financial objectives. A large part of a portfolio manager’s day-to-day may include closely following financial markets and current events, conducting fundamental analysis on prospective and existing holdings, and deciding whether to continue to hold an investment, buy more of a current or new investment or sell an investment.

When it comes to selecting an investment management firm to manage your money (or your client’s money in the case of family offices), the portfolio manager is an important consideration as he or she has a direct impact on the performance of your portfolio. This article takes a comprehensive look at the day-to-day responsibilities of what a portfolio manager does which will provide you with a better understanding of how to evaluate portfolio managers.

3 Ways To Fulfill Your Philanthropic Ambitions In Addition To Volunteering

Written by Bloom Investment Counsel, Inc. on October 12, 2021. Posted in Philanthropy. No Comments on 3 Ways To Fulfill Your Philanthropic Ambitions In Addition To Volunteering

When it comes to giving back to the community, many of us have philanthropic ambitions, but are concerned that we cannot afford to donate. The good news is that if you want to make the world a better place, you can still contribute without cutting a big check. This article walks you through 3 ways to finally fulfill your philanthropic ambitions, and it’s not just about volunteering.

3 Important Shortcomings You Should Know About Passive Investing

Written by Bloom Investment Counsel, Inc. on October 12, 2021. Posted in Investing. No Comments on 3 Important Shortcomings You Should Know About Passive Investing

“Passive” investing removes human hunches from the process of what to buy and sell. Essentially, in a passive fund such as a passive Exchange Traded Fund (ETF), the portfolio manager follows a blueprint, such as an existing index, and does not actively manage the portfolio. However, if passive investing sounds like a simple, cost effective and easy way to protect and build wealth, why doesn’t everyone invest this way? The following article highlights 3 important ETF shortcomings all investors should be aware of.

Is It Worth Having A Financial Plan If You Are A High-Net-Worth Individual?

Written by Bloom Investment Counsel, Inc. on October 4, 2021. Posted in Wealth Planning. No Comments on Is It Worth Having A Financial Plan If You Are A High-Net-Worth Individual?

A financial plan is often associated with ensuring that your retirement will be sustainable and free of financial shortfalls. If you are a high-net-worth individual or part of a high-net-worth family and are not concerned about outliving your money and running into deficits in retirement, you may question whether the financial planning process is a valuable exercise.

While the sustainability of retirement may not be a concern, a comprehensive financial plan can absolutely add meaningful value beyond simply confirming that wealth is sufficient for your retirement needs. This article highlights 3 key areas where having a financial plan can be significantly meaningful and impactful for high-net-worth individuals and families.

Financial Knowledge Quiz: How Good Is Your Investment Knowledge?

Written by Bloom Investment Counsel, Inc. on October 4, 2021. Posted in Financial Literacy. No Comments on Financial Knowledge Quiz: How Good Is Your Investment Knowledge?

Many people think they know a lot about investing in the stock market, but after completing this short quiz you will see if your stock market knowledge really is advanced or whether it is more basic—leaving room to expand your knowledge.