Asset management refers to the management of investments on behalf of others. The process essentially has a dual mandate – appreciation of a client’s assets over time while mitigating risk.
There are investment minimums, which means that this service is generally available to high net-worth individuals, government entities, corporations and financial intermediaries.
The role of an asset manager consists of determining what investments to make, or avoid, that will grow a client’s portfolio. Rigorous research is conducted utilizing both macro and micro analytical tools.
This includes statistical analysis of the prevailing market trends, interviews with company officials, and anything else that would aid in achieving the stated goal of client asset appreciation. Most commonly, the advisor will invest in products such as equity, fixed income, real estate, commodities, alternative investments and mutual funds.
The Rochester Bank™ Terminal is a service offered by our Online Banking where our clients can track their investments based on the ISIN number (International Securities Identification Number.
Also here our clients have access to real time market data so they can have a full picture of what is happening in the world at each moment in time.
This service is available to our VIP and Special Account holders.