This article outlines key wealth management strategies for UK HNWIs with over £1 million in liquid assets, including diversification, asset allocation, philanthropic investments, tax planning, estate planning, and risk management.
A trust is a fiduciary arrangement that allows a third party or trustee to hold assets on behalf of a beneficiary or beneficiaries. Once the trust has been created, a person can use it to 'ring-fence assets.
Wealth management is complex, and understanding its services helps you make informed decisions on managing your finances and choosing the right professional to work with.
Wealth managers play a crucial role in helping individuals achieve their financial goals. Let's explore their responsibilities and gain a deeper understanding of the services they offer.
When it comes to managing your finances, you may be wondering what sets asset management and wealth management apart. This article helps you to understand the difference in more detail...
