Header Ads

WEALTH MANAGEMENT SERVICES SCALE I -- INTERVIEW BANK OF BARODA

Wealth management combines both financial planning and specialized financial services, including personal retail banking services, estate planning, legal and tax advice, and investment management services. The goal of wealth management is to sustain and grow long-term wealth.

An investment banker mainly offers financial services and advice to corporate entities, rather than to individuals as wealth management firms do. Investment banking is the area of the financial sector that handles mergers and acquisitions (M&As) and business restructuring.


wealth management advisor is a high-level professional who utilizes the spectrum of financial disciplines available, such as financial and investment advice, legal or estate planning, accounting and tax services, and retirement planning, to manage an affluent client's wealth for one set fee.
Wealth management and private banking are terms that overlap, but these two financial services differ slightly. Private banking usually refers to an envelope solution wherein a private or public financial institution offers high-net-worth clients personalized management and care of their finances.Nov 26, 2018

Wealth management and private banking are terms that overlap, but these two financial services differ slightly. Private banking usually refers to an envelope solution wherein a private or public financial institution offers high-net-worth clients personalized management and care of their finances. Wealth management is a broader category that involves dealing with the optimization of the client’s portfolio.
Private Banking and Wealth Management Differences
The investment management advisors at AOG Wealth Management explain more below.
The Difference Between Private Banking and Wealth Management
Private banking does not always deal with investing because not all banks will be involved in the actual process of investing assets for their clients. However, private banking staff members may offer clients guidance on certain investment options. Wealth management professionals, on the other hand, provide advice to clients to help them improve their financial standing and they help clients invest their assets. Private banking can extend to encompass wealth management; however, wealth management firms cannot provide clients with the services of a private banking facility.
Wealth Management
Wealth management solutions typically involve advice and execution of investments on behalf of clients. Wealth management advisors also help manage client portfolios and help with financial planning. Generally, a wealth management advisor will discuss things one-on-one with each client and they will then compose an investment strategy that takes into account the client’s comfort levels with risk, their goals and their other stipulations and restrictions.
Private Banking
Private banking involves financial institutions that provide financial management services to high net-worth individuals. Private banks provide an exclusive service to HNWI. Their clients will never have to wait in lines or deal with a teller. They can simply contact their lead advisor and complete just about any transaction. Private banking services can also provide investment-related advice and can help clients plan and save for retirement.
Our asset management services and other financial services can help you meet your unique and evolving financial goals. We manage our clients’ wealth with accountability, integrity and accuracy. We can incorporate more financial platforms and services than other firms and provide you with a personalized financial plan. Call us at (866) 993-0203 to learn more about our services. We serve Great Falls, VA, and nearby areas.

Securities offered through Kalos Capital, Inc. located at 11525 Park Woods Circle, Alpharetta, Georgia 30005 and/or TD Ameritrade Institutional Services located at 7801 Mesquite Bend Drive, Suite 112, Irving, TX 75063-6043. Investment advisory services offered through AOG Wealth Management, Inc. AOG Wealth Management, Inc. is neither an affiliate nor subsidiary of either Kalos Capital, Inc. or TD Ameritrade Institutional Services.

About Wealth Management

Wealth plays a significant part in an individual’s life journey. It helps in providing sufficient resources to meet our goals at each stage of life, thus helping us lead a happy life. Through tie-ups, we have made available a bouquet of investment / insurance products looking to meet the financial / investment needs of our clients / customers. We always look forward to understanding your financial needs and to walk alongside you in achieving your goals with our Wealth Management Product , because we care for you and your family.


No comments

Powered by Blogger.