Asset Management is broadly defined as the process of managing and monitoring tangible and intangible assets, on behalf of individual and corporate clients. An asset manager is usually a part of a financial services company that provides asset management services, by maintaining and supervising an individual client(s) or a corporate company(s) tangible and intangible financial portfolio. An asset manager maintains, operates and disposes of the entire portfolio of assets in the most cost-effective manner, on behalf of his clients.