Asset Management is a team within a financial firm that is dedicated to managing the assets (cash, investments etc.) of clients.The asset management firm has dedicated portfolio managers as well as access to internal, detailed equity research reports which give managers an edge over investors controlling their own money.

The Asset Managementservice is usually offered to high net-worth individuals, sovereign wealth funds, pensions and corporations.The firm will typically charge a management fee (a fixed percentage of total funds managed) and sometimes take a percentage of the profits although this blurs the line between an asset management fund and a hedge fund.

You can learn more about the asset management career below.

David Bickertonis a member ofWSO Editorial Boardwhich helps ensure the accuracy of content across top articles on Wall Street Oasis. Previously a Portfolio Manager for MDH Investment Management, David has been with the firm for nearly a decade, serving as President since 2015. He has extensive experience in wealth management, investments and portfolio management. David holds a BS from Miami University in Finance. This content was originally created by and has evolved with the help of our mentors.

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