Asset Management DefinitionAsset management is the service of managing a client’s money. Asset management clients can range from regular people to nonprofit organizations and public companies large and small. Costs vary for asset managers and asset management strategies. Here’s how the most common asset management costs break down:Active investment management fees. Typical annual asset management fees for robo advisors range between 0.25% and 0.50% of managed assets on an annual basis.

Source: Forbes March 08, 2021 14:48 UTC