An asset management company invests pooled funds from clients, putting the money to work through different investments including stocks, bonds, real estate, limited partnerships, and cryptocurrencies.
Fund managers at banks make an average of $140,000, while mutual fund managers at insurance companies make $175,000. Fund managers at brokerage firms make $222,000, and mutual fund companies' mutual fund managers make an average of $436,500.
Money, stocks and bonds are the main types of financial assets. Each is something you can own, and each has some amount of financial value.
With a structure asset management framework in place, organizations will realize these and other benefits: