Wealth management as an
investment-advisory discipline incorporates
financial planning,
investment portfolio management and a number of aggregated
financial services.
High-net-worth individuals (HNWIs),
small-business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate
retail banking,
estate planning, legal resources, tax professionals and
investment management. Wealth managers can have backgrounds as independent
Chartered Financial Consultants,
Certified Financial Planners or
Chartered Financial Analysts (in the
USA),
Chartered Strategic Wealth Professionals (in Canada),
Chartered Financial Planners (in the UK), or any credentialed (such as
MBA) professional money managers who work to enhance the income, growth and tax-favored treatment of long-term investors.