Focuses on non-traditional asset classes such as commodities, derivatives, structured products, and collectibles. They develop specialized valuation approaches and risk management techniques for these complex investments. Alternative managers typically seek uncorrelated returns and portfolio diversification benefits.

Constructs and manages customized investment portfolios for high-net-worth individuals and families. They align investment strategies with clients' specific financial goals, time horizons, and risk tolerances. Wealth management portfolio managers often integrate tax considerations and estate planning into their investment approach.

Manages large-scale investment portfolios for institutional clients such as pension funds, endowments, foundations, and sovereign wealth funds. They develop sophisticated asset allocation strategies aligned with long-term institutional objectives. Institutional managers balance fiduciary responsibilities with performance expectations while managing substantial asset pools.