Let’s be honest with ourselves, none of us are experts at everything. That is why we rely on others to help us with the things that we don’t excel at. This is how all of us should think about our investments. You wouldn’t want to invest in a bond fund that is being run by an expert in technology companies. That is why working with a Manager of Manager is important to making wise investment.
If you are not familiar with what a Manager of Managers is, its a company that hires different investment professionals based on their strengths. The Manager of Managers has the ability to remove and replace investment managers if it’s in the best interest of their clients.
Check out the video below for more information and then check out John Hancock.