Asset management consultants are invaluable when your business needs specialized talent or industry knowledge not currently available on your staff. With vast resources, asset consulting management firms offer fresh perspective, experience, knowledge and skills to provide successful investment solutions for your business.

An asset management specialist provides important skills for businesses seeking to strategically process and actively manage capital assets. Investment management consultant firms increase productivity by addressing essential issues, recognizing internal or external obstacles and providing specialized services to improve your business assets management.

Before beginning your search for asset management specialists, it is important to define your consulting needs. Clearly identify the goal of your asset management consultancy, including project scope, services needed, time frame and budget. This information will help your business select the best asset management and consulting firm to meet your specific needs.

When selecting an investment management consulting firm, research each consulting practice and evaluate the following:

1. What kind of experience do asset management experts offer to increase business profitability?

2. What services do fund management consulting firms provide to enhance my capital assets?

3. How much should my business invest in asset management consulting services?

Action Steps
The best contacts and resources to help you get it done

Hire asset management consultants that specialize in your industry

Select an accredited asset management specialist who is a seasoned professional with extensive experience in your business or industry. Ask to see a list of past and present clients, and request references.

I recommend: Commonfund specializes in asset management and financial consulting services for non-profit organizations. The Carmack Group, Inc., focuses on investment management consulting for institutional investors with assets over $60 billion. Strategic Asset Management has extensive experience in asset management for industrial organizations.

Choose asset management consulting firms with proven skills

Review the consulting work provided by each asset consulting management firm. Evaluate the investment management consultant firm's experience, qualifications and certifications, and request successful project examples of the specific skill sets you need.

I recommend: Stephens Capital Management provides investment advisory services and asset allocation expertise for equity and fixed income assets portfolios in excess of $2 billion. FPC Worldwide, Inc., offers a wide selection of asset management services, and provides online case studies. Asset Management Consultants, Inc., supplies asset allocation and asset management services for businesses and individuals.

Select asset management experts that meet your budget

Many asset management consultants operate on a retainer with a minimum time commitment. Several utilize an hourly fee structure for short-term projects. Your asset management consultancy cost will depend upon the scope of your services.

I recommend: Get a no-risk contingency quote for fixed asset management and fixed asset consulting services at Asset Management Resources. Request a quote for asset management services at Red Oak Consulting. Peningo Systems offers two methods of doing business, Traditional Method or Consultants Exchange Method, both of which function through an hourly billing rate.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Make sure that it is written into your contract that the asset consulting management firm will not provide services to any competing business during the course of your professional relationship.
• •  It is tempting to save time by interviewing just one investment management consulting firm. However, it is in your best interest to contact and interview several asset management consultants. Two or three choices will provide you with the best possible match in skills, services, price and rapport for both you and the consulting firm.