I've been reading through other posts about licenses as well as the adobe license terms themselves and it seems like the answer is yes but it would be great if someone else can confirm that I am allowed to use a standard licesnse for an asset to add to a client's website for example. I completely understand that if I want to use the same asset for multiple clients I need multiple licenses.
I just want to be sure that I can download assets to use for clients other than myself.
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Yes you can license assets on behalf of your client. However if you find that a different client wants to use the same asset you would need to license the asset again. This can be done through your license history.