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Wealth management is an investment advisory service that combines other financial services to address the needs of affluent clients. It is a consultative process whereby

“Wealth management is an investment advisory service that combines other financial services to address the needs of affluent clients. It is a consultative process whereby the advisor gleans information about the client's wants and tailors a bespoke strategy utilizing appropriate financial products and services.”

Discuss the past history, current situation and future development of Wealth Management.

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Past History Wealth management as a concept has been around for centuries with wealthy individuals historically relying on private bankers and advisors to manage their financial affairs However the fo... blur-text-image

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