Sentences with phrase «typical clients invest»

Not exact matches

A typical EFS client has $ 500,000 to invest, but EFS's minimum account size is just $ 5,000.

For example, a client who started the year with a simple 60/40 portfolio comprised of the $ 287 billion Vanguard Total Stock Market Fund (VTSMX) and the $ 247 billion Pimco Total Return Fund (PTTAX), the two largest mutual funds in the world, would now have 66.3 % invested in stocks and just 33.7 % invested in bonds, pushing beyond the typical 5 % leeway most advisers give their asset allocation.

The typical characteristics of the target client, he explains, is they have income to invest, are aware they should be putting their money to work in a smart way and don't have the time or interest to figure out how to do that themselves.