Wealth Management: What it is and why you need a Wealth Manager
The wealth management firm is recently getting hyped as people start hiring wealth managers to manage comprehensive, holistic advice in a broad range of fi nancial areas . Today I, Julio Herrera Velutini Britannia Financial Group founder, are going to explain what wealth management is , how to works and do you really need a wealth manager and why? So, without any further ado, let’s get to the topic right away. What is Wealth Management ? A comprehensive service called wealth management helps mid- to high-net-worth customers build their fortune, control their exposure to liabilities, and come up with plans to transfer their wealth to the chosen heirs. As opposed to working with an adviser who is primarily focused on financial planning or investment management, wealth management services take a complete approach to the financial condition of higher-net-worth customers. The following are some common services provided by wealth management comp...