Most of the HNIs have the intelligence to manage their own wealth. However, the question is not whether they can or cannot but the bigger question is whether they should.
Following are the reasons why people try to manage their own portfolio: Most of the people are skeptical of hiring an unfamiliar person to manage their wealth. Some HNIs look at it as a challenge or let’s say an adventure – for them seeing their wealth expand by their own work gives them an intellectual stimulation. On the other hand, some rich folks are just out in the pursuit of knowledge coupled with the joy of learning. For such people, exploring the potential of new avenues of investment and designating funds becomes a game of excitement.
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