Business Investing Money Managers
457
A Money Manager firm is paid a fee to supervise and make the investment decisions of others. The term is normally used in reference to the asset manager of large institutions such as bank trust departments, pension funds, insurance companies and mutual funds. However, it may also be applied to those firms who manage the investment assets of smaller individual investors as well. Money Mangers may also be known as Investment Managers, Investment Advisers, or Investment Advisors.
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