If the portfolio is for a specific client, it is important to learn about the client beforehand. One should customize the portfolio to suit each specific situation to make the portfolio effective when approaching a client.
A portfolio can be referred to or considered as a compilation of all the financial investments made by an individual in his or her personal capacity throughout a different class of assets. Portfolio investment is done for achieving financial goals, which may or may not be specific.
A portfolio manager is generally responsible for managing and advising related to make financial investments for an individual's portfolio. And in order to cater the demands of an individual, a manager must customize the portfolio as per the client's needs.
Therefore, the significance of portfolio has been aforementioned.
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