Thursday, April 28, 2016

Asset management: Spending to earn more

In finance, the goal is to increase the value of an asset while keeping liabilities at a minimum. Whether at a corporate or at an individual level, asset management is about making the right decisions, investing in the right places, and buying the right properties for a better portfolio. An asset manager, simply put, oversees other people’s money while drafting solutions on how increase it.

Image source: Processindustryforum.com

Asset management is a powerful industry that is worth trillions of dollars. It is as much a necessity to a young professional getting acquainted with the 401(k) to the newly minted high net worth individual. Building a person’s financial portfolio is a way of tracking his or her progress through the years. On the other hand, having an overview of what a person can do with his or her money also shows the possibilities for growing assets. Aside from taking care of a person’s earnings, it is also about making the money work, even when its owner could be doing something else.

A reliable asset manager has foresight—aside from the ability to read and assess a client’s portfolio, he or she must offer suggestions for administering resources for the current economic context. This finance professional is always on the lookout for investments while maintaining the client’s financial plan.

Image source: PCmag.com
  
Jon Bourbeau is the founder and CEO of Pacer Partners, a direct investment platform primarily dealing with real estate transactions. Before the company’s establishment in 1999, Jon acquired a comprehensive range of intellectual capital working with some of the largest institutions in the US. Get to know more about Jon and Pacer Partners by visiting this website.

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