As CEO of Capstone Affluent Strategies, an exclusive financial services company in Newport Beach, California, Darin Pastor oversees all aspects of wealth management for his clients. Previously, Darin Pastor garnered significant financial experience in management positions at institutions such as Chase Investment Services, Colonial Life, and Prudential Financial, where he was ranked the top managing director in 2012. Among his areas of expertise as owner of American Mortgage Affiliates were a broad array of financial vehicles, including mutual funds. Below are three basic questions those unfamiliar with mutual funds typically ask.
Q: What is a mutual fund?
A: It’s a type of trust that pools resources from many investors aimed at a common goal. The fund then works to meet investment objectives with that goal in mind.
Q: Why would someone invest in a mutual fund?
A: Unless you have a lot of time to go through investment options and develop sound investment strategies, it’s best to hand those responsibilities over to a trusted agent. Mutual funds offer an investment platform that is managed professionally in a way that should maximize profits for those with little to no investing experience.
Q: What other benefits does a mutual fund offer?
A: Besides the professional management of the fund, investors can rest easy knowing that there is someone constantly monitoring fund activity. Also, most funds work to mitigate risk through diversification, and all funds are extensively regulated by the SEC.
Darin Pastor's Blog 