FAQ

What is the difference between wealth management and investment management?

Wealth management is a comprehensive financial planning and advisory service that assists clients in the creation, preservation, and management of their wealth. It includes investment management, tax planning, estate planning, retirement planning, and risk management among other services. Wealth management is usually geared toward high-net-worth individuals and families.

Investment management, on the other hand, refers to the professional administration of investment portfolios. Portfolio construction, asset allocation, security selection, and ongoing monitoring and rebalancing are all included. Investment management is typically concerned with generating returns for clients through financial market investments.

To summarize, wealth management is a broader financial planning service that includes investment management, whereas investment management is a more specific service that focuses solely on managing investment portfolios.

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