by Research Team
The value and need of money constantly changes in our lives. As wealth grows, needs become more diverse. Every individual has unique financial needs. Wealth managers understand these specific financial goals and provide appropriate financial products and services.
Wealth managers like Fortuna Wealth Management provide services such as:
Financial planning starts with a comprehensive financial analysis of the client. This helps in understanding his or her financial situation, needs, goals and preferences.
Risk profiling is done to find out the client’s risk tolerance.
On the basis of financial planning and risk profiling, personalised wealth management plan is developed.
The client’s financial portfolio is reviewed regularly to update his or her goals, review and rebalance the financial portfolio and check if any additional services needed.
Wealth management services provide a holistic approach to manage and plan a client’s current and future financial needs. These needs could be as diverse as planning for a child’s higher education, wedding, buy a house or even planning for retirement. Thus, wealth management provides financial opportunities for all such needs by managing and potentially growing the client’s wealth.