{"id":4272,"date":"2023-03-20T04:36:38","date_gmt":"2023-03-20T04:36:38","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/wealth-management\/"},"modified":"2023-03-20T04:36:38","modified_gmt":"2023-03-20T04:36:38","slug":"wealth-management","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/wealth-management\/","title":{"rendered":"Wealth Management"},"content":{"rendered":"<p>\nThe concept of wealth management includes providing investment advisory services to individuals belonging to the affluent class or family businesses with huge assets, or HNIs and similar investors. These services are offered by experienced professionals like professional wealth managers, companies providing financial services, and professionals like CAs, CFAs, etc.<\/p>\n<h2>Services provided under wealth management<\/h2>\n<p>Various services can be included under the scope of wealth management. These services can include<br \/>\nManaging existing finances and planning strategies to maximize them over a significant period of time.<br \/>\nSetting financial goals for investors based on their priorities.<br \/>\nEstate planning (wealth management to pass on as inheritance),<br \/>\nTax planning,<br \/>\nPhilanthropic planning<br \/>\nRetirement planning, etc.<br \/>\nWealth management is a tailor-made process that adheres to the specific client needs and devises an investment plan based on factors like risk analysis, returns expectations, accessing diverse investment products for optimum asset allocation, and meeting short-term, mid-term, or long-term goals.<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>The concept of wealth management includes providing investment advisory services to individuals belonging to the affluent class or family businesses with huge assets, or HNIs and similar investors. These services are offered by experienced professionals like professional wealth managers, companies providing financial services, and professionals like CAs, CFAs, etc. Services provided under wealth management Various [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-4272","post","type-post","status-publish","format-standard","hentry","category-investing-essentials"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=4272"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4272\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=4272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=4272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=4272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}