wealth management
Financial planning services
Wealth management is a financial service that handles the investment portfolios and financial planning of affluent clients.
It typically combines investment advice, tax planning, estate planning, and other services into a comprehensive approach to growing and preserving wealth.
A wealth manager serves as a single point of contact for clients with substantial assets, coordinating strategies across multiple financial disciplines.
After selling his company, he hired a wealth management firm to oversee his portfolio.
- high net worthPossessing considerable financial assets
- mutual fundsCollectively managed securities portfolios
- fiduciaryAgent bound by loyalty
- retirement planningPreparing for post-career finances
- investmentDeploying capital for returns
portfolio · tax shelters · succession planning · insurance policies · financial planning · finance · legacy · asset allocation · bonds · capital gains tax · offshore accounts · trust fund · nest egg · rainy day fund · stocks · affluent · old money · advisor
- financebank, CFO, banks, controller, finance
- personal financesavings, income, credit, investments, bills
- high societygossip, socialites, socialite, aristocrats, aristocrat
- premium servicesconcierge, butler service, white glove service, personal assistant, private chef
- business servicesconsulting, software, legal services, coaching, training
- Finance WorldWall Street, stock exchange, stock exchanges, banks, central banks
wealth managementmattress money
Cash stored domestically
piggy bank · checking account · living paycheck to paycheck · pocket money · unbanked
wealth managementfinancial ruin
Complete loss of wealth
bankruptcy · squandering · going broke · financial mismanagement · insolvency
wealth managementwelfare services
Organized public assistance
debt counseling · subsistence living · payday lending · financial aid · food stamps