Asset Management: The Asset management has two common definitions, one associating to advisory services and the other associated to corporate finance.
In the initial instance, an advisor or financial services company gives asset management by overseeing and coordinating a client's financial portfolio -- example, budgets, investments, accounts, taxes and insurance.
In the corporate finance, asset management is the procedure of making sure that a company's tangible and in-tangible assets are maintained, accounted for, and place to their highest and best utilization.