The problem with the investment industry states that the systems used by the retail financial services industry that construct, plan and manage portfolios lack the ability to integrate the management of assets with the management of financial needs.

The argument also states that there is a lack of expertise to manage financial assets to meet financial needs over time.

The small investor is more often than not faced with the standard portfolio solutions, the standard service and their interests more often than not conflict with the interests of the industry.

The result, their financial security is exposed to risk when it should not, they are insufficiently educated about investment, their portfolios are managed by those who lack the education, training, expertise and resources to do so and, they end paying far more than they should.

To be honest, they end up supporting a vast network of advisors, branches, marketing departments, mutual fund companies and a whole host of suppliers of goods and services.

The vast majority of investors are actually smaller investors, but there is no reason why the portfolios they receive should be inferior to wealthier individuals, there is no reason why the management of risk and financial security should be inferior and, there is no reason why they should be paying more.

The management of risk and return and the relationship between portfolio structure and financial needs over time has a symmetrical physical relationship. What this means, is that it is possible from one set of simple investment rules to personalise portfolios to the highest level and to deliver the best asset management expertise in the industry to the smallest of investors at a vastly reduced cost. 

The financial services industry is in the main inefficient and uses outdated practises to meet the needs of today’s individual investors. There exists the expertise and the know how to deliver the services that TAMRIS discusses throughout its website.

But delivering such a financial services revolution will mean dismantling the current system in which the industry distributes its products and services and, moving it to a far more competitive, open environment with transparent services and service standards. 

A more efficient distribution system for asset management expertise and a cheaper more efficient management of assets and financial needs will also enhance the efficiency of the capital markets by creating a much more direct and dynamic relationship between the two markets without the conflict of interests that currently dominate.

This is the TAMRIS VISION.