Asset Management FAQs Is asset management a good career? Asset management is a prestigious, lucrative, and selective career. However, it requires a specific set of skills. Professionals who are more quantitatively inclined but not natural-born salespeople and prioritize a healthy work-life balance can probably excel as asset managers. What does an asset management company do? Asset management companies (AMC) invest pooled funds of clients and put the capital to work through various investments, including bonds, stocks, real estate, and master limited partnerships. What is the difference between asset managers and investment managers? An asset manager focuses on specific asset investments, such as exchange-traded funds, real estate, fixed-income securities, or stock. The goal of asset managers is to improve returns from investments of clients and restructure them when needed to gain more profit for their clients. An investment manager focuses on estate planning, tax planning, and retirement planning. Its goal is to create a steady flow of profit by adopting various investment strategies for its clients. Why is asset management important? Asset management is important because it helps businesses get the most value out of their assets. Asset management can also help to improve returns and save money by avoiding unnecessary costs associated with assets. What types of asset managers are there? Types of asset managers include financial asset managers, fixed asset managers, infrastructure asset managers, real estate asset managers, IT asset managers, digital asset managers, and enterprise asset managers. About the Author True Tamplin, BSc, CEPF® Facebook Linkedin Instagram Twitter Youtube True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists. True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics. To learn more about True, visit his personal website or view his author profiles on Amazon, Nasdaq and Forbes.