A Good I.M. is Hard to Find
How does an investor stay on good terms with its investment manager firm (I.M.)? In the first half of his talk, Sidney Hardee, Managing Partner of Hardee Brothers, LLC., spoke about hiring and firing. In this, the second half, he comments on the search, fees, taxes, and complexity. He was the sole presenter at the one-hour webinar “Hiring and Firing Investment Managers” sponsored by the Chartered Financial Analysts Institute on January 15, 2020. Search Hardee distilled the search for the correct I.M. down into four questions. How will I identify good investment managers? How much will it cost to gain exposure? […]
Grown-ups in strategic positions
How does an investor approach the problems of hiring and firing the investment manager firm (I.M.)? “In general, the first thing is to understand who you are as a business,” advises Sidney Hardee, Managing Partner of Hardee Brothers, LLC. “You must understand this thoroughly before engaging an investment manager.” He was the sole presenter of the one-hour webinar “Hiring and Firing Investment Managers” sponsored by the Chartered Financial Analysts Institute on January 15, 2020. Characteristics of the I.M. What are the characteristics of a good investment manager firm? Organizational stability is key, Hardee said. “What is the structure of this organization, […]