What is Wealth Management?
Wealth Management is the process of providing financial services that address the needs of affluent
What is Asset Management?
Asset Management is the process of managing investments to increase wealth over time by buying,
What is Investment Management?
Investment management is the professional management of a client’s investments to reach a specified goal.
The Process of Building a Financial Plan
In financial planning, it is crucial to have a process put in place to ensure that all the necessary information is collected, and the financial plan remains up to date.
Defining Goals: One of the most important steps when it comes to forming a financial plan is to define your goals. As the saying goes “If a man knows not which port he sails, no wind is favorable”. The whole point of a financial plan is to achieve something that is currently not possible. A defined goal can help financial advisors develop strategies to reach the goal but also discover if there needs to be an adjustment to said goal.
