What Is Asset Management?


Quick Answer

Asset management can refer to a couple of different financial concepts. The first is the management of investments, such as a stock portfolio. The second is an account that includes all of a client's financial dealings, such as bank accounts, credit cards, loans and money market funds.

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Full Answer

The main goal of asset management is to make the best financial decision for the client. This can be done by purchasing stocks and other investments at a low price in the hope that the value will increase. Asset management is often done by investment firms and financial planners that focus solely on the portfolios of their clients.

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