Asset Management

When managing your portfolio and growing wealth, many investors turn to a financial professional for help. Often this means finding a financial advisor who offers asset management services. Asset management can cover a wide range of services to help you achieve your investment and financial goals. Hiring an asset manager does entail a fee, so it’s important to understand what you can expect to get in exchange before moving forward.

What Does An Asset Manager Do?

An asset manager’s primary function revolves around making investment decisions on behalf of their clients. That includes determining whether and when to sell or buy specific securities.

Asset management firms spend time researching and analyzing various investment opportunities. How this is done typically depends on the firm’s overall investment strategy. For instance, an asset manager may rely more heavily on fundamental analysis than technical analysis or vice versa. They may study stock market trends on a narrow or broad scale to decide where to invest.