Berthel Fisher offers an extensive list of portfolio managers for clients interested in professional asset management. Portfolio or "money managers" are responsible for selecting the securities in a client's portfolio and developing an investment strategy based on the individual needs of the client.
Money managers provide personalized service and ongoing management of a client's account and are paid based on a percentage of the assets under management. Therefore, it is in the best interest of both the money manager and the client to see the portfolio grow.
The structure of asset management fees may differ among accounts based on the agreement established between all parties involved and fees may be incurred regardless of fluctuations in account value.