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Wealth Management And Financial Planning: What To Expect?

Wealth Management And Financial Planning: What To Expect?

Wealth management and financial planning are two concepts occasionally used in parallel to describe financial services targeting affluent individuals. They are however distinctive subsets of financial advice.

Oct 24, 2021Education- 1 min
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What is Financial Planning?

Financial planning constitutes the foundation for your financial health and success. A good financial plan defines goals and objectives, and designs a strategy to attain those goals. It also takes your cash flow, asset values, withdrawal needs, net worth, tax liabilities, and more into consideration.

How do you envision your family life? Do you need to plan for your children’s education? What does retirement look like for you? Your comprehensive financial plan can address all of these questions and help you navigate the numerous risks and changes you’ll experience throughout your life.

What is Wealth Management?

Wealth management is a holistic approach that designs investment strategies to meet the unique goals each affluent client. It starts with a thorough understanding of each investor’s objectives and financial situation, and follows a disciplined process that may entail all or most of the following to preserve and grow your wealth:

  • Investment Planning

  • Risk Management

  • Retirement Planning

  • Estate Planning

  • Tax Planning

  • Inheritance Management

Click here to learn more about the wealth management process.

Financial Planning in Wealth Management

To design a well-diversified investment portfolio, a wealth manager begins with systematic financial planning that draws on the current financial situation of the client and prepares for potential risks and unforeseen events. They then determine the client’s risk profile and prepare an asset allocation proposal using a combination of macroeconomic, valuation and sentiment indicators.

Use our Risk Profiler tool if you wish to learn about your investment potential based on your risk appetite profile.

The Family Office Approach

The investment managers at the Family Office have been managing superior custom-made investment portfolios for more than 500 affluent individuals and their families, built specifically to suit each client’s unique risk tolerance, time horizon and goals.

Schedule a call with our financial advisors and start your financial planning journey today.

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About The Family Office

Since 2004, The Family Office has been the wealth manager of choice for more than 500 ultra-high-net worth families and individuals, helping them preserve and grow their wealth through customized solutions in diversified alternatives and more. Schedule a call with our financial experts and learn more about our wealth management process.


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