Asset Management

Asset management is a service in which assets are managed by a person or entity on behalf of another person or entity. In this process, a customer commissions a bank or an independent wealth manager to manage and invest their wealth for them.

The service provider takes the customer’s investment choices into consideration, but the customer has no influence on individual investment decisions. Responsibility for investments falls on the wealth management service, and not on the customer (as is the case in wealth consulting).

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