Asset managers play an integral role in the financial landscape by offering expert portfolio management, risk mitigation, client communication, regulatory compliance, and continual market analysis. They cater to different types of clients, including institutional investors, high-net-worth individuals, and mutual fund and hedge fund investors., What is Asset Management? In finance, asset management is a big industry. In 2019, the top 500 asset managers oversaw $104.4 trillion worth of assets. Asset management can be described as managing clients’ money with two goals: growing that money and, at the same time, mitigating risk. Money is typically grown through funds invested in a diverse range of assets, with stocks, bonds , 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 , Asset management is a subset of wealth management and refers to the practice of buying and monitoring securities, real estate and other investment products to generate a return for clients. An , Explore Bankrate’s article on the role of an asset manager in maximizing financial growth by managing investments and optimizing portfolios., What is Asset Management? Understanding asset management starts with defining the word “asset.” In the broadest sense, an asset is anything that delivers value to its owner and the stakeholder (s) it serves. Stocks, bonds, residential properties, and commercial office buildings are all examples of assets. In finance, asset management describes managing money on clients’ behalf. The .