The Roles of Portfolio Managers and Investment Advisors

Paul Vorstadt serves as a portfolio manager at National Bank Financial. In his role as a portfolio manager, Paul Vorstadt leverages years of experience helping clients to make sound investment decisions.

What does a portfolio manager do?

The portfolio manager, or PM, is the person with the most authority in client communications. The PM not only manages clients’ investments, but may also advise clients about when, where, and with whom to invest. The PM becomes intimately familiar with clients’ investment histories, current accounts, and plans for the future, and often has authority to make investment decisions for the client.

What is the role of an investment advisor?

An investment advisor, or IA, essentially helps clients make the wisest choice with their money. Whether clients are investing for retirement, savings, or general protection, IAs help make the investment process less complex and guide clients on how to achieve their financial goals.

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