|Wealth management can be defined as an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals, small-business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, tax professionals and investment management.
Wealth management is very straightforward. From the affluent individuals perspective, wealth management is simply the science of solving/enhancing his or her financial situation. From the financial advisors perspective, wealth management is the ability of an advisor or advisory team to deliver a full range of financial services and products to an affluent client in a consultative way.
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