Portfolio Management Service is a tailor made professional service offered to cater the investments objective of different investor classes. The Investment solutions provided by PMS cater to a niche segment of clients. The clients can be Individuals or Institutions entities with high net worth. In simple words, a portfolio management service provides professional management of your investments to create wealth.
Pros of investing in PMS:
Professional oversight (control and monitoring)
Risk profiling
Convenient execution of trades
Customized service
Cons of investing in PMS:
Higher assumption of risk
Transfer of control of assets
Competence of the portfolio manager
For an investor with limited time and knowledge and high capital base, PMS is a suitable option given the investment management institution is reputed and offers transparency of operations. PMS also helps in better realization of diversification benefits than aimlessly investing in any number of securities.