What Is Wealth Management & 4 Reasons Why It Is Important
What Is Wealth Management?
Wealth management is an investment advisory discipline that incorporates several services for individuals and families seeking wealth protection, growth, and a work-optional lifestyle. We guide your loved ones so they can continue your tradition of diligent and prudent wealth management. You can have confidence and peace in knowing that your wishes will be respected, and your loved ones protected when transitioning from the primary decision-maker.
What Does Wealth Management Include?
Wealth management starts with good personal relationships which enables us to provide clients with products and services suited for individual goals. This process includes an investment strategy that finds solutions to managing your assets based on your risk tolerance. We provide you with support for your financial resources so you can continue to accumulate and safeguard your assets. We employ tax mitigation strategies that minimize the impact of taxes through tax-saving products. We guide you through the estate planning process. Our holistic approach allows us to work with your CPA to ensure wealth preservation.
What is the History of Wealth Management?
The concept of Wealth Management originated nearly 100 years ago, when large financial advisory firms sought to offer a more customized investing strategy for their most important customers. At AOG Wealth Management, this customer-first approach is still at the heart of what we do. You will work with a team of wealth experts who have years of experience to share with you. Rest assured knowing that each strategy is tailor-made to fit your goals, and your wealth advisor will guide you each step of the way.
4 Reasons Wealth Management is Important
1. It is a Holistic Approach to Managing Wealth
Wealth management is more than just investment advice because it can encompass all parts of a client’s financial life. A client will benefit from a holistic approach that brings together several services to meet their specific financial goals. A client no longer has to integrate different pieces of financial advice from different sources.
2. It Can Help Maintain Wealth
Wealth management can help maintain a client’s wealth and assist them in meeting their specific financial objectives. For instance, many wealth management solutions.
3. It Can Help With The Transfer Of Wealth
This is especially important for high-net worth individuals. Wealth management includes estate planning. A wealth manager can help a client protect their wealth and minimize fees and taxes. They will ensure a client’s wealth is distributed according to the client’s wishes.
4. It Is Based On The Client’s Wealth Goals
Changes in financial situations can lead to changes in financial objectives. A wealth manager takes this into account, so they regularly meet with their clients to update goals, investigate whether additional services are necessary, and review and rebalance the client’s financial portfolio.
AOG Wealth Management can implement unique strategies to help clients increase or safeguard their wealth. We have decades of experience in providing wealth management, asset management services, and other financial services to high net-worth individuals, companies, donor advised funds, trusts, and other similar accounts. Call us at (866) 993-0203 to learn more about wealth management. We help clients in Great Falls, VA, and nearby areas.
Securities offered through 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 TD Ameritrade Institutional Services.
The article and opinions in this publication are for general information only and are not intended to provide specific advice or recommendations for any individual. We suggest that you consult your accountant, tax, or legal advisor with regard to your individual situation.