The process of managing money used to invest is called investment management. Investment and asset management advisors offer investment management services, including money management, financial projections, investment counseling, as well as investment management planning.
Asset and investment administration can be qualified as investment management advisors. Because of their reputation and credibility, asset and investment agents are more preferred to those who work for well-respected investment management firms.
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There are two types: those who provide direct financial advice to individuals and businesses, and those who offer corporate asset management. Investment management advisors charge a fee for their services.
These advisors charge a fee based on the type of project, the amount invested and the status of the person they are advising. Because of the complexity of their tasks, they charge more to corporate accounts than to individuals. They may charge a percentage of assets, annual fees, or hourly rates.
To ensure quality services, investment management advisors are supervised by both government-run agencies and private investment management organizations. Investment management advisors are protected by the certifications of government agencies as well as private associations.
Many asset and investment management advisors have licensed stockbrokers. This allows them to sell and purchase securities on behalf of investors. You can even search online for more information about asset and investment management.