Scott Tominaga Briefly Talks About the Domain of Investment Management

Investment management is more of a process than a product. It includes the creation of an investment strategy and policy that is followed by continuous monitoring to make sure that the objectives set out in it are being effectively met. A host of variables have to be considered when formulating an investment policy for a pension fund. Investment management is not just restricted to buying and selling assets, and also includes handling financial assets and other investments. Scott Tominaga has worked in this domain for more than two decades, and hence is a great candidate to shed light on it.

Investment management includes the preparation of a strategy to acquire and dispose of portfolio holdings. This strategy can be either short- or long-term, and may involve banking, tax services, duties and budgeting. The term investment management can also imply to managing holdings within an investment portfolio and subsequently trading them to realize a particular investment objective. In a distinctive perspective, investment management can be understood as wealth, portfolio or money management. Having a professional approach towards investment management is important for achieving particular investment goals that benefits the clients, as money invested by them is their responsibility.

These clients may be individual investors or institutional investors such as pension funds, retirement plans, and insurance companies.  When it comes to corporate finance, investment management implies to the process of ensuring that the assets and resources of a company are well-utilized and maintained. Investment managers are professionals who are responsible for managing investment portfolio on behalf of their clients. Ideally, investment managers tend to come with investment strategies to meet the goals of their clients, and subsequently leverage those strategies to decide the perfect means to divide the portfolio of the client among varied types of investments including bonds and stocks. The manager typically purchases and sells those investments for the clients whenever needed, while also effectively monitoring the overall performance of the portfolio.  

A few investment managers are also financial planners. This basically means that they offer holistic financial advice on topics like insurance, taxes, cash-flow management and estate planning. Others may work alongside high-net-worth clients for the purpose of addressing their financial planning and investment management needs, while also coordinating the services of other professionals, which includes accountants and lawyers.  This process is referred to as wealth management.  Wealth management offers far more areas of expertise, including accounting, estate and tax planning, services and retirement planning, apart from investment management.  

People can either manage their investments by themselves or choose to outsource the tasks associated with them. If a person wants to manage their own investments, they will have to make some decisions such as what type of account they will like to invest from, what types of investments they would want to invest in and how much money they shall like to invest. Advice on all these factors can be sought out through professionals like Scott Tominaga.