Austen Morris Associates are one of the leaders of wealth management sector. It has gained its name amongst the top financial sector and has been serving since decades. The firm has developed a healthy and sustainable level of growth and competitiveness. It focuses mainly on client’s well being. The professional and experienced team creates a strategy roadmap that addresses the adverse challenges and guides the firm to a bright and promising future for itself and its clients.
Importance of knowing the psychology of the investors
All the individuals have different approach towards investment. Therefore investment plans cannot be same for everyone. Experts have to choose the right investment plan for its clients according to their needs and demands. Hence it requires immense knowledge about the market and need to be updated with changing trends of foreign markets.
There are investors who wants to make investments but not at the cost of their capital. The capital amount cannot be risked and at the same time expects reasonable return. Therefore their investments are invested in fixed interest but with greater proportion in equities and property.
Now there are another set of people who believe in the protection of their capital and minimal investment risk. They mainly invest in cash and fixed deposits with little exposure to equities and property.
There are aggressive investors who are ready to incur risk and do not concentrate on short term gain. Their expectation is long term profit and hence will be exposed to equities, mutual fund and other asset diversification. These investors should be prepared that there will be times when there might be a decrease in the value of investment and sometimes might get even less than invested amount. But can definitely expect a very good return on their investment. Long term investments give high return and sometimes an unexpected amount can be received.
Hence it becomes very important for the firm to understand the psychology of the client and financial plans should be designed in such a way that the clients are completely content and motivated to invest more and more.
Importance of knowing the psychology of the investors
All the individuals have different approach towards investment. Therefore investment plans cannot be same for everyone. Experts have to choose the right investment plan for its clients according to their needs and demands. Hence it requires immense knowledge about the market and need to be updated with changing trends of foreign markets.
There are investors who wants to make investments but not at the cost of their capital. The capital amount cannot be risked and at the same time expects reasonable return. Therefore their investments are invested in fixed interest but with greater proportion in equities and property.
Now there are another set of people who believe in the protection of their capital and minimal investment risk. They mainly invest in cash and fixed deposits with little exposure to equities and property.
There are aggressive investors who are ready to incur risk and do not concentrate on short term gain. Their expectation is long term profit and hence will be exposed to equities, mutual fund and other asset diversification. These investors should be prepared that there will be times when there might be a decrease in the value of investment and sometimes might get even less than invested amount. But can definitely expect a very good return on their investment. Long term investments give high return and sometimes an unexpected amount can be received.
Hence it becomes very important for the firm to understand the psychology of the client and financial plans should be designed in such a way that the clients are completely content and motivated to invest more and more.