Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

What Do Asset Managers Do?

Job Descriptions September 30, 2013

Asset managers supervise the complete system of asset management, which involves maintaining the value of a company. Assets refer to any valuable items in business, usually tangible, such as real estate, vehicles and land.

However, there are also intangible properties that count as assets including intellectual property and goodwill. Making sure the assets maintain their value is tremendously important, which helps increase the company’s profile.

The Ideas Behind Asset Management

In addition to maintaining value, it is vital achieve the best possible return, not to mention providing ideal service to clients. The manager usually works for a financial company that handles investments, whether from personal clients or large businesses.

Your job will actually involve many different tasks, from analyzing portfolios, to forecasting financial trends, to giving advice. The investor you work for wants to be certain that the assets in possession as working efficiently so that they are creating returns are not merely liabilities.

The process begins with an analysis of the portfolio, which the manager performs. Based on this information, he/she can recommend a strategy. Throughout this analysis, you can make suggestions on what the client should do to improve the value, and where weaknesses lie. Knowing the market is important, and it is vital to understand how market trends can influence new investment opportunities.

You will be creating a plan based on your own research, and also based on the goals of the person you are working with. However, hypotheses will not work. You have to analyze the market as well, and see whether the financial data is in sync with these lofty goals.

This is largely a team-based career path, since asset management companies will customarily pool resources when possible so that they can offer great opportunities in packages beyond one-on-one contracts. Of course, doing so will require greater capital, better rates and more options to the investors accepting the deal.

Once the plan is finalized, the company monitors the strategy, to see how it’s performing, while also handling performance statements and goal charting.

Strategies and Visions for Assets

As far as your future goes, remember that the company can only afford to keep their investors as clients if they are capable of showing the client how they can always count on returns. This means you as the aspiring asset manager have to show yourself as educated, responsible and as financially mature to understand what strategies work.
In essence, this is a job that is all about where the money is, and in times, recession (which the industry of asset management has certainly been suffering from since 2008) strategy and careful analysis is critical.

The basic strategy underneath the financial vision is that you use the money you have to make more. However, each party must have clear financial objectives in mind and work, within standard guidelines, to reach these goals. Communicating these needs to your client, or listening and adapting your financial training to the clients’ ideas, are the most important aspects of the job.

Asset managers perform many of the same functions as stock brokers and financial advisers, but with weightier responsibilities, as well. You now balance infrastructure and preside over other managers as well as a team of analysts in some cases.

A college education from the schools listed below is a step in the right direction for applying for a high ranking and high-earning job such as an asset manager.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • See why Keiser graduates hundreds of successful business men and women every year
  • Regionally accredited private career university with degrees on campus or online
  • Ranked #42 in 2018 Best Value Schools in U.S. News & World Report
  • Ranked as a top school in the nation by the Military Times Best for Vets Colleges
  • Business degrees taught in multiple languages including Spanish and Mandarin
  • Online Courses
2 Program(s) Found
  • Everglades University
  • Earn a Degree in Renewable Energy, Online or On-Campus. Get Info!
  • Online Courses
  • eLearners.com Helps You Find the Right College within Minutes. 100% Free Match to Top Colleges.
  • Get Matched to the Perfect Business Degree Programs from Top Colleges Here.
  • Learn at Your Own Pace and Get Qualified to Pursue a Career You'll Love.
  • Answer a few questions and you are one step closer to enroll in a Top College!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • See why Keiser graduates hundreds of successful business men and women every year
  • Regionally accredited private career university with degrees on campus or online
  • Ranked #42 in 2018 Best Value Schools in U.S. News & World Report
  • Ranked as a top school in the nation by the Military Times Best for Vets Colleges
  • Business degrees taught in multiple languages including Spanish and Mandarin
  • Online Courses
2 Program(s) Found
  • Everglades University
  • Earn a Degree in Renewable Energy, Online or On-Campus. Get Info!
  • Online Courses
  • Are You a Natural Leader or Good with Numbers? Get Educated in the Business Field.
  • Build the Capabilities and Connections to Power Your Future.
  • Business Administration & Management, Accounting, Marketing Degree Programs and More From Top Colleges that Fit Your Needs.
  • Find Schools Online or Near You & Get Info for FREE Today!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!