Wealth management is a professional service that brings together more services for a single fixed fee. Services include financial and investment advice, accounting and tax services, retirement planning, legal or estate planning.
A wealth manager will manage all these aspects and will collaborate with the client’s attorney, accountants and insurance agents to provide the highest quality services.
Hiring a wealth manager offers a holistic approach upon finances, investments and the individual’s current and future needs.
A wealth manager acts as a consultant and guides the client to reach the best decisions.
A wealth manager will develop a personalized plan for the client to maintain and increase wealth. The plan is built on the current financial situation of the client, considering his goals and appetite risk. After the plan has been implemented, the wealth manager will continue updating it, reviewing it and rebalancing it, while keeping an eye on future investment and possible other additional services, to maintain and increase the client’s wealth.