Wealth Management Terms

Wealth Management and WealthTech is a constantly changing landscape. It can be hard to keep up. Our handy glossary has been designed to help you get to grips with some of the words and terms you might come across – with short, straight-forward definitions. We hope you find it useful.

External Asset Manager

What is an external asset manager? An external asset manager (EAM) is a professional that provides independent investment and wealth management services to individuals or institutional clients. External asset managers are not affiliated with a specific financial institution (ie. wealth management firm or private bank) but operate as independent entities. They offer personalised investment advice, portfolio management, and financial planning services tailored to the unique needs and objectives of their clients.  These managers have expertise in various asset classes and investment vehicles and may have access to a wide range of financial products and services to diversify and optimise clients' portfolios. The primary focus of an external asset manager is to preserve and grow clients' wealth while providing objective and unbiased advice.

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