I mean, for example, if someone has a trust fund and/or an Individually Managed Account at say, BNY Mellon Wealth Management, with assets of over $2 million in one or the other of the accounts, can the account manager invest any of the portfolio in the high net worth investments on behalf of the client? Following that line of thought, do they get the same tips for high net worth individual investments and routinely invest in them as part of their management strategy for qualified accounts over $2 million?
Possibly if one were to request certain investment they would oblige, but they will generally go by a preagreed degree of risk plan, which if it is moderate risk, may sacrifice the highest growth potential for a hedge against market downturns by investing a certain percentage in tax-free bonds. Are these high net worth individual investment tips riskier than, say, an index fund?
i don't understand your question.
I mean, for example, if someone has a trust fund and/or an Individually Managed Account at say, BNY Mellon Wealth Management, with assets of over $2 million in one or the other of the accounts, can the account manager invest any of the portfolio in the high net worth investments on behalf of the client? Following that line of thought, do they get the same tips for high net worth individual investments and routinely invest in them as part of their management strategy for qualified accounts over $2 million?
Yes. Maybe but pretty unlikely.
Possibly if one were to request certain investment they would oblige, but they will generally go by a preagreed degree of risk plan, which if it is moderate risk, may sacrifice the highest growth potential for a hedge against market downturns by investing a certain percentage in tax-free bonds. Are these high net worth individual investment tips riskier than, say, an index fund?