Wealth Management is an investment advisory service that combines other legal and financial services to address the needs of our clients.
It is a consultative process through which the advisor collects information on the client’s wishes and adapts a tailored strategy using appropriate financial and legal products and services, which allow the maximum potential of the investment to be obtained for the benefit of the client’s assets.
Wealth management is more than just investment advice, as it can cover all parts of a person’s financial life. The idea is that instead of trying to integrate advice and various products from a number of professionals, high net worth individuals benefit from a holistic approach in which a single manager coordinates all the services necessary to manage their money and plan on their own. themselves or the current and future needs of their family.
While the use of a wealth manager is based on the theory that he or she can provide services in any aspect of the financial field, some choose to specialize in particular areas. This may be based on the experience of the wealth manager in question or the primary focus of the business in which the wealth manager operates.
Wealth management practices differ by nation, so it is important to get proper advice from local experts. If you are interested in knowing more about this aspect, do not hesitate to contact us.