What Is Portfolio Management Services (PMS), Types, Benefits
Portfolio Management Services (PMS) refer to professional services offered by financial institutions or portfolio managers to manage an individual’s or an institution’s investment portfolio. PMS is a customized investment approach where a professional manager or a team of managers actively manages the securities in the portfolio on behalf of the client. portfolio management involves deciding how to invest money to align with personal goals, risk tolerance, and asset allocation needs. PMS solutions fall into two categories: discretionary and non-discretionary. Discretionary Portfolio Management In this approach, portfolio managers have complete control over investment decisions. Clients entrust professionals to make buy and sell decisions, leveraging their expertise. Suited for individuals with significant investment knowledge who are comfortable delegating decision-making. Non-Discretionary Portfolio Management: This approach involves financial advisers who provide advice but req...