Q. What is asset management?
A. The management of a client's investments by a financial services company. The company will invest on behalf of its clients and give them access to a wide range of traditional and alternative product offerings that would not be to the average investor. The expense of this service generally restricts it to high net-worth individuals, governments, corporations and financial intermediaries. This includes such products as forex, equity, fixed income, real estate, agriculture and international investments. When individuals deposit money into the account, it is placed into a money market fund that offers a greater return that can be found in regular savings and checking accounts