Investment management in Tampa
Investment management means the advisor builds and looks after a portfolio for you under a written agreement, for a disclosed fee, with your accounts held at an independent custodian in your name. This page explains how that works. It makes no claims about returns and recommends nothing.
Reasons people start this conversation
- Accounts have grown past what you want to manage yourself
- A spouse or parent managed the investments and no longer can
- An inheritance or sale arrived and is sitting in cash
- You are paying commissions and want to understand what you are paying for
- Retirement is close and the portfolio has never been reviewed as a whole
- You want someone to call when markets drop
What the advisor does
Investment policy
Writes down your goals, time horizon, income needs and tolerance for swings before anything is bought.
Portfolio construction
Builds a diversified portfolio from low-cost funds and, where appropriate, individual securities, matched to the policy.
Independent custody
Accounts are held at a third-party custodian in your name. The advisor has trading authority, not the ability to withdraw to themselves.
Rebalancing and monitoring
Keeps the mix where the policy says, and reviews holdings and costs on a schedule.
Tax coordination
Places holdings across taxable and retirement accounts with taxes in mind, and harvests losses where it makes sense. See tax-aware planning.
Reporting and reviews
Plain statements, performance reporting against an appropriate benchmark, and scheduled review meetings.
What affects the price
- Assets under management. Most advisers charge a percentage of the portfolio, usually tiered so the rate falls as assets grow.
- Whether financial planning is bundled or charged separately.
- Fund expenses inside the portfolio, which are separate from the advisory fee and disclosed.
- Custodian trading and account fees, if any.
The advisor explains the fee for your situation in writing before you agree to anything. Tampa Bay Wealth Co. does not set or collect advisory fees.
Investing from Tampa Bay
Many Tampa Bay households hold a large share of their net worth in a home that has appreciated sharply, plus concentrated stock from an employer or a business sale. Part of the advisor's job is to look at the portfolio alongside the house, the business and the insurance, not in isolation. The absence of a state income tax also affects which accounts hold which investments, since only federal tax applies to taxable gains and interest here.
Common questions
Where is my money held?
At an independent custodian, in an account in your name. You receive statements directly from the custodian as well as from the advisor.
Can the advisor promise a return?
No, and a registered adviser is prohibited from guaranteeing results. Investments can lose value. The advisor can show you the range of outcomes a given portfolio has historically produced and explain the risks.
Is there a minimum?
Ask the advisor. Minimums vary and some advisers offer planning-only engagements for households below them.
Can I keep some accounts out?
Usually. Many clients keep a workplace 401(k) with their employer, and the advisor can factor it into the overall allocation without managing it.
Related services
Areas we serve
Investment management across Tampa and these nearby communities: