What is asset management?

At its core, asset management is the holistic approach to overseeing every asset within an organization to maximize value and minimize costs and risks. These include both physical or tangible fixed assets and non-physical, or intangible assets.

Is Asset Management a big business?

Asset management is a giant business. In 2019, the top 500 largest asset managers worldwide oversaw $104.4 trillion worth of assets, according to Thinking Ahead Institute by Willis Towers Watson. These stratospheric numbers might make the term asset management seem way beyond your world.

What are asset management services?

Asset management services are provided by large corporate entities, independent financial advisors, and portfolio managers that specialize in working with high network individuals, corporations, governments, or other institutions with substantial investment portfolios. The main services that asset management firms offer include: