Description: Even among condos with multi-million dollar budgets, addressing investment interest often falls on the agenda somewhere between “last” and “I’d rather end the meeting and go home”. Many condominiums simply deposit their reserve funds in a bank account, not realizing that the opportunity cost of sloppiness can mean thousands of dollars of lost income. Having a professional financial advisor actively involved with your account can produce tangible and material benefits, such as having regular, systematic inve
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Even among condos with multi-million dollar budgets, addressing investment interest often falls on the agenda somewhere between “last” and “I’d rather end the meeting and go home”.
Many condominiums simply deposit their reserve funds in a bank account, not realizing that the opportunity cost of sloppiness can mean thousands of dollars of lost income. Having a professional financial advisor actively involved with your account can produce tangible and material benefits, such as having regular, systematic investments that adhere to an overarching investment plan.
Better returns enable you to slow the increase in condo fees, and a comprehensive investment plan ensures that investment decisions are tailored for your corporation’s unique cash flow situation.