Discretionary investment management is a form of investment management in which buy and sell decisions are made by a portfolio manager or investment advisor for the client’s account. The term “discretionary” refers to the fact that investment decisions are made at the portfolio manager’s discretion.
Monocot Wealth Management offers different types of model portfolios that are managed on a discretionary basis. These portfolio models are building blocks for the client’s overall allocations and clients typically may be invested in one or more of these portfolios at any given time.
The biggest reason to use discretionary investment management is the simplicity of it. You don’t have to worry about any of the day-to-day decision-making. We will make adjustments as we deem fit.
Portfolios can hold mutual funds, exchange-traded funds (ETFs), individual stocks, individual bonds, money market funds, and cash.
The fees we charge for discretionary portfolio management is a percentage of the assets in the portfolio. Clients do not pay commissions for trades done in these portfolios.
You are now leaving the “Monocot Wealth Management Group” Website and will be entering the Charles Schwab & Co., Inc. (“Schwab”) Website. Schwab is a registered broker-dealer, and is not affiliated with “Monocot Wealth Management Group” or any advisor(s) whose name(s) appears on this Website. “Monocot Wealth Management Group” is/are independently owned and operated. Schwab neither endorses nor recommends Monocot Wealth Management Group. Regardless of any referral or recommendation, Schwab does not endorse or recommend the investment strategy of any advisor. Schwab has agreements with “Monocot Wealth Management Group” under which Schwab provides “Monocot Wealth Management Group” with services related to your account. Schwab does not review the “Monocot Wealth Management Group” Website(s), and makes no representation regarding the content of the Website(s). The information contained in the “Monocot Wealth Management Group” Website should not be considered to be either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities.