If you are a person who owns financial assets and does not have expertise or time to manage them, you usually seek the professional management service. It may be a mutual fund, hedge fund, or brokerage house. This is when you put your assets under management. Such mangers make decisions when to sell, buy, or leverage your assets, but usually don't have the willingness or legal authority to hold your assets. They only mange them. This is why before they start mange the assets, they instruct you to transfer or physically send your assets to a different and frequently associated with them financial institution like a large bank. These large banks hold the assets physically or convert them into the so-called 'street name,' where your assets like stocks or bonds exist only as electronic data. These custodians have legal authority to hold your assets and are also responsible for reporting tax and legal implications to the appropriate government agencies. They report suspected money laundering cases or gains and losses on asset sales, for example. In case of underage children being in position of assets, the assets are usually put by a giving entity under the supervision of a trusted adults or institutions, which become custodians of assets for the benefit of the children. They are responsible for both safe keeping and management, and, usually, they follow the path described in the first paragraph. In such situation, you could speak of two custodians and a manager: custodian (e.g., a trusted adult) who chooses a manager, a manger who makes investing decisions, and a bank/custodian that holds assets physically or in "the street name.'
Equity
AUC is the value of assets held under custody by a "custodian of securities".
Personal assets is assets that are owned by a person. Company assets are assets that are own by the company.
That's the difference between ying and the yang. For example the 'Unsecured Assets' department of a Bank issues you a credit card- That's an asset to the bank; And a debt for you. How effectively the Bank manages its credit card portfolio is called asset management. How effectively you pay back your debt is called debt management
Asset Under Management are investment funds and pools managed by a fund manager. Investment decisions for these assets are made by the fund managers; the only decisions from the clients would be whether or not to own the fund. Assets under Administration are client accounts in Wealth Management. Investment decisions, either at the strategic or tactical levels, are made by the account owners.
"Human capital management is the strategic management of employees to ensure that they stay happy and productive. Human capital is one of the biggest assets many companies have, and managing it well can be the difference between success and failure."
assets are what the business owned and liabilities are what the business owe.
The differences between assets and fixed assets are; If you take an asset you will get your money back anytime but if you get a fixed assets the bank will keep your money untill the timeframe is over.
What_is_the_difference_between_vouching_and_verification_of_assets_and_liabilities
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
Yes - it's the sum of your assets minus the sum of your liabilities.
Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.