What Is an Asset?

Definition, Types, and Examples. What is an asset? An asset is anything that has economic value and can be owned or controlled to produce positive economic value. Assets can be either physical or intangible, and can be classified as either real or financial. Real assets are physical resources that are used in the production of … Read more

What is a Boutique Firm?

A boutique firm is a small, independent financial services firm that provides customized investment, financial planning, and other services to its clients. Boutique firms typically have a limited number of employees and a more intimate relationship with their clients than larger financial firms. Is Wells Fargo a boutique? No, Wells Fargo is not a boutique. … Read more