Investment companies in Kentucky may promise you great returns in very little time. While it's very tempting to invest in whatever the hot stock is of the day or to try to time the market, overall, it's much wiser to put your money into diversified investments that grow over time.

Investment management companies in Kentucky run the gamut from nationally-based agencies to local CPA firms. The key is to find one that you trust to handle your finances and set up portfolios for your employees.

1. Decide how much risk you're willing to take with an investment agency in Kentucky.

2. Look for Kentucky investment management firms with a history of quality service and smart investments.

3. Hire a firm that meets your specific investment niche—they're out there!

Action Steps
The best contacts and resources to help you get it done

Examine the risk attitude of Kentucky investment firms

Investment management companies in Kentucky tend to struggle with growing a stable portfolio despite investment returns that are measured quarterly or even more often. It often pays to be conservative because over time those investments will grow.

I recommend: Hotchkiss Associates offers conservative Kentucky investment services. Each portfolio contains 25 to 35 equities. EdwardJones believes in long-term diversified investments.

Stick to a diversified plan with investment management firms in Kentucky

Equity investors often lose out on some returns because they simply don't follow through with their investment plans. Reputable investment management services in Kentucky have knowledgeable CPAs working for you. They help you keep your emotions out of the investment choices and instead focus on making the wisest investments.

I recommend: Check out the Charles Schwab and Co., Inc. Kentucky investment management firm. The firm offers financial guidance with the click of your mouse. Morgan Stanley assigns you a financial advisor to work with you in developing financial strategies.

Look for a specialized investment management firm in Kentucky

You may want to handle your investments online or maybe you're looking for investment management firms in Kentucky to help you save money for a specific purpose. While most firms will work with you toward your specific goals, some specialize in exactly what you're looking for.

I recommend: E*TRADE is a Kentucky investment management company that allows you to manage your portfolio online, while still providing you with a financial advisor to help you make the right choices. Check out Kentucky Education Savings Plan Trust. It's an investment plan to help you save for your child's college education.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Ask other business leaders in your community which Kentucky investment management firms they use. A recommendation can go a long way in helping you decide which firm to trust with your money.