asset management

(redirected from Wealth management)
Also found in: Acronyms, Encyclopedia, Wikipedia.

Asset Management

The act or practice of an investment advisory firm making investment decisions on behalf of a client. Asset management often opens up more potential investment vehicles up to the client. Another advantage is that, theoretically, asset managers have more knowledge and experience in making appropriate investment decisions than their clients. Asset management is usually limited to institutional investors and high net-worth individuals, as it is usually expensive.

asset management

The umbrella name for all phases and areas of expertise in the acquisition, management,leasing,operation,and eventual sale of real property assets.

References in periodicals archive ?
The new track, the first of its kind at undergraduate level in Singapore, aims to equip graduates with applied and academic competencies, including regulatory certifications and digital skill sets to become job-ready wealth management professionals ready to serve the emerging affluent.
The new practice is designed to offer a full range of wealth management options to the clients of Provident Bank that have so far been provided with such products and services through third party and affiliate providers, said Rodney Whitwell, executive vice president and chief operating officer at the bank, who will co-lead the practice with David S.
Tenants such as Wachovia Wealth Management are moving into the Paramus Corporate Center, seeking the amenities offered by a Class A office building and the visibility it affords them on heavily trafficked Route 17," noted Prezant.
Wealth management is all about finding the best solutions from each area and integrating them to achieve the best possible outcome.
This is the first time a third-party real estate asset sponsor has worked directly with a bank's private wealth management distribution network.
Fortunately, with the advent of the Internet, there is an excellent alternative to the in-house wealth management team: a virtual team of free agent experts who are unrestricted by geography and available to work on a strictly as-needed basis.
To improve marketing services for VIP customers and expand the social influence of its financial planners and ABC s Golden Key A[cedilla] Wealth Management , ABC committed to building branded wealth management centers.
Wright is veteran wealth management and private banking executive.