Asset management is the professional management of various securities (stocks, bonds, and other
securities) and assets (such as real estate and physical commodities) in order to meet specified
investment goals for the benefit of the investors. Asset managers oversee a portfolio of investments
and use their expertise to make investment decisions on behalf of their clients. They may manage the
assets of individuals, institutions, or both. Asset managers typically work for asset management
firms, although some work for banks, insurance companies, or other financial institutions. The goal
of asset management is to maximize returns on investment while minimizing risk. Asset managers use a
variety of investment strategies and tools, such as financial analysis and market research, to make
informed investment decisions. Asset managers typically command an above-average salary relative to
other careers in the finance industry.
Possible career paths for asset management include:
Other disciplines that fall within this sector include investment management, wealth management, and
Most asset management professionals hold a bachelor's degree in a related field, such as finance, economics, or business. Many also hold a master's degree, such as an MBA, and may hold professional certifications, such as the Chartered Financial Analyst (CFA) designation.