Asset management is a financial service offered by companies or firms that involve managing a client’s money or financial assets.
The asset management industry has grown significantly over the last few years and is currently thriving in the United States. According to a recent study performed by Grand View Research, “The global asset management market size was valued at USD 216.98 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 25.9% from 2020 to 2027.”
Firms that offer asset management services will typically provide a client or business with an asset manager; the asset manager is an experienced professional who handles a client’s financial assets.
Simply put, an asset manager is the individual in charge of administering and overseeing the client’s cash and securities. Increasing the value of all financial assets is also the primary goal.
The asset management process is usually the same but may differ based on firm or manager.
Generally, the process involves figuring out the client's comfort with risk, establishing the types of assets the client is willing to deposit, and creating a short- and long-term plan for the client’s financial goals.
Furthermore, a great asset manager will take care of your investments professionally and will do their best to identify any new revenue opportunities. Grow your portfolio through quality investments safely with the help of an asset management firm.
Yes, Intrinio works with asset management firms every day. Typically, these platforms rely on our fundamentals and real-time stock and option data to make critical decisions. With our system, you can easily keep complete track of your platform, trace stocks, compare companies, and investigate potential investments.
Asset management firms use Intrinio to launch and broaden their platforms successfully. Our equities data plans allow you to retrieve delayed and historical intraday and end- of- day equity prices, standardized and as-reported financial statements, security reference data, and supplementary fundamental data sets for your platform.