Asset management services are served by asset management professionals.

Asset management is the practice of increasing total wealth over time by acquiring, operating, maintaining, trading investment and selling both tangible and intangible assets that have the potential to grow in value. They are also known as financial advisors or portfolio managers.

There are certain very important advantages of asset management like –

• It is a good business practice to achieve the long term goals and objectives.

• It not only improves regulatory compliance by implementing better operation and maintenance practices but also saves money by reducing O&M costs.

• It improves reliability by decreasing or eliminating customer problems, costly lawsuits, emergency repairs and overall risk to the utility.Read more