Ch 23 & 24: Portfolio Monitoring, Eval & Financial MATH- 9% Flashcards
1
Q
List the components of an effective monitoring system.
A
- Client financial info up to date
- contact info up to date
- outline frequency of meetings
- allow FA to stay on top economic & financial market trends
- monitor performance of managed account, fund managers
- conduct periodic review of client goals/ personal situation
2
Q
Name the 2 stages of a Portfolio Performance Evaluation
A
1) Performance Measurement: ROI
2) Performance Appraisal: does cost justify the results
