Yes, you can review your IMA regularly and make changes as needed—it's like having a check-up for your investments to ensure they're healthy!
If you want to part ways, the agreement will usually outline the steps to do so, like a breakup plan for your investments!
Typically, these agreements last for a set period, but can be renewed or updated, depending on what works best for you.
Absolutely! Like a tailor-made suit, your IMA can be tailored to fit your unique investment style and preferences.
Your agreement should cover important details like investment goals, fees, and how often you'll communicate about your portfolio—think of it as your investment cookbook!
Having an IMA is like having a map; it guides the investment manager on what you need and helps keep the investment process on track.
An Investment Management Agreement, or IMA, is like a game plan between you and your investment manager, outlining how they'll handle your investments in Tucson.