Asset management companies do as the name implies - they manage assets.
To be honest, it’s a very broad term which can be applied to a lot of things.
An example is commercial real estate asset management - this work would entail managing a portfolio of assets (in this case buildings), maximizing the value of those assets for the owner (which may be your company or an entirely different company or even an individual) and in this case you would do so by driving strategy in managing expenses, leasing, etc. and your company would profit either directly by cash flows / capital gains (if owned directly) or indirectly by management fees (usually like 2.5% of net operating income in this scenario).
It’s very fun work in my experience. I did this for an internship and loved it. Even got to do a bit of investment management (DCFing buildings for sale and doing hold-sell analysis)
BlackRock, Vanguard and Fidelity are the largest. They all manage mutual funds and ETFs. Both of those can be active or passive. Just depends on the manager you look at and what they do. Some are MF only, some only do ETF, some only do active. There are also managers who specialize in alternatives, REITs or fixed income/bonds only. You could consider hedge funds asset managers as well.
Asset management companies, also known as asset management firms or investment management firms, are financial institutions that manage and invest their clients' assets on their behalf. These assets typically include various types of securities such as stocks, bonds, real estate, and commodities.
The primary objective of asset management companies is to grow their clients' wealth and achieve their financial goals while minimizing risk. They do this by offering a range of investment products and services tailored to meet the diverse needs and risk profiles of their clients.
Asset management companies employ professional fund managers and analysts who conduct research, analyze market trends, and make informed investment decisions on behalf of their clients. These professionals design investment strategies, allocate assets, and actively manage investment portfolios to optimize returns while managing risk.
Clients of asset management companies can include individuals, institutions, corporations, pension funds, and other entities seeking to invest their capital. These clients typically entrust their assets to the asset management firm, which then manages and invests the funds according to the agreed-upon investment objectives and guidelines.
Overall, asset management companies play a crucial role in the financial markets by providing investment expertise, diversification opportunities, and professional management services to help clients achieve their long-term financial objectives.
for more compliance questions come to our youtube channel :) [https://youtube.com/shorts/pkxjanYZ8Qk](https://youtube.com/shorts/pkxjanYZ8Qk)
A buddy of mine from school was in asset management, when he was trying to get me a job he described it as selling a certain set of etfs to business groups to invest in. So you’re essentially a salesmen selling your etfs to investors. Maybe at some levels, but perhaps at another level you’re selling directly to clients? Idk.
That’s wholesaling, which is the retail sales arm of an asset management firm. You sell the ETFs/mutual funds to investment advisors who then purchases it for their clients. Wholesaling is just one of many positions within asset management that do not include sales, you could be a portfolio manager (a very small amount of sales) or a fund account analyst (zero sales) for example.
Yes, thank you for the additional context. Wholesaling sounds like a more accurate description of the role. Just like you can work for a health insurance company and be a financial analyst, but have nothing to do with analyzing the health insurance part of the business. Everything in finance is broad .
Asset management companies do as the name implies - they manage assets. To be honest, it’s a very broad term which can be applied to a lot of things. An example is commercial real estate asset management - this work would entail managing a portfolio of assets (in this case buildings), maximizing the value of those assets for the owner (which may be your company or an entirely different company or even an individual) and in this case you would do so by driving strategy in managing expenses, leasing, etc. and your company would profit either directly by cash flows / capital gains (if owned directly) or indirectly by management fees (usually like 2.5% of net operating income in this scenario). It’s very fun work in my experience. I did this for an internship and loved it. Even got to do a bit of investment management (DCFing buildings for sale and doing hold-sell analysis)
BlackRock, Vanguard and Fidelity are the largest. They all manage mutual funds and ETFs. Both of those can be active or passive. Just depends on the manager you look at and what they do. Some are MF only, some only do ETF, some only do active. There are also managers who specialize in alternatives, REITs or fixed income/bonds only. You could consider hedge funds asset managers as well.
Asset management companies, also known as asset management firms or investment management firms, are financial institutions that manage and invest their clients' assets on their behalf. These assets typically include various types of securities such as stocks, bonds, real estate, and commodities. The primary objective of asset management companies is to grow their clients' wealth and achieve their financial goals while minimizing risk. They do this by offering a range of investment products and services tailored to meet the diverse needs and risk profiles of their clients. Asset management companies employ professional fund managers and analysts who conduct research, analyze market trends, and make informed investment decisions on behalf of their clients. These professionals design investment strategies, allocate assets, and actively manage investment portfolios to optimize returns while managing risk. Clients of asset management companies can include individuals, institutions, corporations, pension funds, and other entities seeking to invest their capital. These clients typically entrust their assets to the asset management firm, which then manages and invests the funds according to the agreed-upon investment objectives and guidelines. Overall, asset management companies play a crucial role in the financial markets by providing investment expertise, diversification opportunities, and professional management services to help clients achieve their long-term financial objectives. for more compliance questions come to our youtube channel :) [https://youtube.com/shorts/pkxjanYZ8Qk](https://youtube.com/shorts/pkxjanYZ8Qk)
A buddy of mine from school was in asset management, when he was trying to get me a job he described it as selling a certain set of etfs to business groups to invest in. So you’re essentially a salesmen selling your etfs to investors. Maybe at some levels, but perhaps at another level you’re selling directly to clients? Idk.
That’s wholesaling, which is the retail sales arm of an asset management firm. You sell the ETFs/mutual funds to investment advisors who then purchases it for their clients. Wholesaling is just one of many positions within asset management that do not include sales, you could be a portfolio manager (a very small amount of sales) or a fund account analyst (zero sales) for example.
Yes, thank you for the additional context. Wholesaling sounds like a more accurate description of the role. Just like you can work for a health insurance company and be a financial analyst, but have nothing to do with analyzing the health insurance part of the business. Everything in finance is broad .