An asset manager oversees the investment of the financial assets of a company or individual. While the title most commonly refers to financial investors, it can apply to real estate as well. Typically, you work for an investment firm, managing assets for their roster of clients. As an asset manager, your specific duties vary by the exact position, but your responsibilities center on guiding investment decisions, which involves staying abreast of market trends. You may also be responsible for updating financial policies. Asset management means you must work in the best interests of your employer or client. You are expected to handle money responsibly and have excellent communication skills, providing periodic reports to keep the client informed. You typically work as either a financial or real estate asset manager, so having experience with a relevant firm is crucial.