Karo Investment

What is Wealth Management?

Wealth management is an investment advisory service that combines other financial services to address the needs of affluent clients. It is a consultative process whereby the advisor gleans information about the client's wants and tailors a bespoke strategy utilizing appropriate financial products and services.
Wealth management combines both financial planning and specialized financial services, including cash-flow management, estate planning, debt management legal and tax advice, and investment management services. The goal of wealth management is to sustain and grow long-term wealth. There are no quick or easy gimmicks to financial success. There are, however, clear steps you can follow to assess where you are today and set you on a course of action to improve your net-worth and move toward success.

Below are 5 often overlooked yet valuable advice with regards to wealth management:

Automate your savings and investments
Use credit wisely
Use insurance wisely
Understand risk and accept it
Create or update your estate plan

Services offered under Wealth Management

Wealth management includes investment advisory service along-with other financial services as required to address the needs of affluent/HNI clients. Our wealth management advisor is a high-level professional who manages our affluent client's wealth which consists of portfolio design, monitoring and review. Affluent clients benefit from a holistic approach in which a single manager coordinates all the services needed to manage their money and plan for their own or their family's current and future needs. This service is usually appropriate for wealthy individuals with a broad array of diverse needs.