Currency
What Is The Difference Between Asset Management Vs Wealth Management?
wealth management and "asset management" are frequently interchanged. However, they are separate fields that seek to achieve different ends. Investments such as stocks, bonds, mutual funds, and other financial instruments are part of the client's assets managed by an asset manager. However, wealth management is a more general word that includes financial planning, tax preparation, estate planning, and more. This article will compare asset and wealth management, discussing each discipline's place in the financial services sector and how its practitioners might help their clients.
Mar 21, 2023