Respuesta :
The statement is True. Asset servicing refers to a range of services that a custodian offers to his clients regarding the assets entrusted to his care.
What is meant by asset services?
- Asset servicing refers to a range of services that a custodian offers to his clients regarding the assets entrusted to his care. These include, among other things: services for new issues. Payments for income and redemption. Tax services, including reclaims and source relief.
- Office, retail, or industrial property management to lower expenses, decrease risks and increase value—while offering top-notch tenant service. Management that increases the value of a portfolio.
- Asset servicing companies can use analytics and cognitive computing to create trade algorithms that learn how to react to shifting market conditions and make forecasts based on past data.
- The service of managing a client's finances is known as asset management. Fundamentally, this entails determining a client's financial objectives and then utilizing portfolio management—the acquisition and administration of stocks, bonds, and funds—to work toward achieving those objectives.
The statement is True. An owner of a small business usually knows if the business is receiving the assets and services the company paid for.
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