“When it comes to investing, wealthy individuals and families often have advantages that come from their investment advisors,” said Asher Rogovy, chief investment officer at Magnifina.
“When it comes to investing, wealthy individuals and families often have advantages that comes from their investment advisors. These advisors aren’t just picking stocks; they’re unlocking strategies that many might not even consider, for example: direct indexing. It’s a sophisticated approach to building a portfolio that mirrors the market’s performance, but can defer years worth of gains tax. Direct indexing is labor-intensive and also requires a strong quantitative foundation.
Beyond stocks, advisors can provide access to a whole world of alternative investments like private equity, venture capital, or real estate. These opportunities are often out of reach without the right connections.
Moreover, their expertise extends to long-term financial planning, making them indispensable for those looking to maximize their investments and secure their financial future. In essence, the right advisor opens doors not just to advanced investment techniques, but to a holistic approach to wealth management.”