Forbes contributors publish independent expert analyses and insights. David John Marotta is a financial advisor covering financial planning. Typically, your financial plan contains assets, liabilities ...

Asset allocation is the measure of how the investments in your portfolio are divided among different asset types and classes. The idea is to spread your investments among multiple “baskets,” giving ...

WSJ Buy Side is The Wall Street Journal’s research and commerce team. Our commerce content is distinct from our newsroom coverage. We earn a commission from some links in our articles. Learn more.

Personal assets are belongings or resources that someone owns. It’s important to keep an updated inventory of your personal assets for both insurance purposes and estate management. Update your ...

One of the keys to a well-rounded portfolio is diversification through different asset classes. Each class has its own unique characteristics and risk-return profile, and knowing the right mix can ...

The net asset value, or NAV, of a fund is the per-share value of a fund's underlying assets at the close of the trading day. It's different from the market price of an exchange-traded fund, or ETF, ...

Net asset value, or NAV, represents the value of an investment fund and is calculated by adding the total value of the fund's assets and subtracting its liabilities. Mutual funds and ETFs use NAV to ...

Asset lifecycle management refers to the strategies used to extend the time that an asset functions. A longer asset lifespan means a more efficient business, so lifecycle management ultimately boosts ...

IT asset management (ITAM) is a set of business practices that combines financial, inventory and contractual functions to optimize spending and support lifecycle management and strategic ...