WealthArc

External asset management refers to the practice where financial firms or independent asset managers oversee investment strategies and portfolio management for their clients, including high-net-worth individuals, family offices, and institutions. These professionals are typically brought in when clients seek specialized investment expertise or prefer an external, unbiased approach to managing their wealth.

In the current market landscape, external asset management offers several advantages, such as personalized service, access to a broad range of investment strategies, and often more flexibility than traditional investment firms. For asset managers, this model allows them to serve clients while maintaining independence from large institutional constraints.