BANKING AFFAIRS

Detailed explanation-1: -Solution : Wealth management as an investment-advisory discipline incorporates financial planning, investment port-folio management and a number of aggregated financial services.

Detailed explanation-2: -Advisory management services allow private individuals to consult with investment professionals before making changes to their portfolios. Advisory management professionals have expertise in one or more investment areas and provide guidance that is tailored to an individual’s specific situation.

Detailed explanation-3: -Wealth management is a branch of financial services dealing with the investment needs of affluent clients. These are specialised advisory services catering to the investment management needs of affluent clients.

Detailed explanation-4: -Wealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services offered by a complex mix of asset managers, custodial banks, retail banks, financial planners and others.