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Wealth Management is a broad term that encompasses a variety of services and strategies designed to help individuals and families manage their financial assets. Wealth Managers are professionals who provide advice and guidance to clients on how to best manage their wealth. This includes developing and implementing investment strategies, providing tax advice, and helping clients plan for retirement. Wealth Managers also provide advice on estate planning, insurance, and other financial matters.
Wealth Managers typically work with clients to develop a comprehensive financial plan that takes into account the client's current financial situation, goals, and risk tolerance. They also provide ongoing advice and guidance to help clients stay on track with their financial goals.
Some of the companies in the Wealth Manager market include Charles Schwab, Merrill Lynch, UBS, Morgan Stanley, and Fidelity Investments. Show Less Read more