Wealth Management Revised Edition

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The term ‘Wealth Management’ refers to the investment advisory practice, which includes combination of various services, such as financial planning, investment and portfolio  anagement, and asset management. In a simple language, it is a consultative service aimed to provide information about appropriate utilisation of financial products and services with high net worth individuals. Thus, it encompasses all the financial aspects of an individual’s life. The main objective behind employing wealth management is to address the financial needs of people and help them to manage their wealth effectively. It requires effective coordination of various financial management aspects, such as investment management, insurance management, retail banking and so on. The services of wealth management are sought after by high net  worth individuals both within and outside a country. The Wealth Management book provides an insightful study to students who aim to excel in the field of finance. The book encompasses all the major aspects of wealth management including time value of money, financial planning, asset allocation, types of risk and returns, investment products and taxation. The book also provides an in-depth knowledge about various financial concepts and their application in the current business scenario. The content of the Wealth Management book has been developed in a simple and easy to understand language. The book, with its updated content, aims to stimulate and increase the understanding of complex concepts in the field of finance. After studying the book, the students will be able to apply the wealth management concepts to serve the financial needs of clients from different fields in real life.

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The term ‘Wealth Management’ refers to the investment advisory practice, which includes combination of various services, such as financial planning, investment and portfolio  anagement, and asset management. In a simple language, it is a consultative service aimed to provide information about appropriate utilisation of financial products and services with high net worth individuals. Thus, it encompasses all the financial aspects of an individual’s life. The main objective behind employing wealth management is to address the financial needs of people and help them to manage their wealth effectively. It requires effective coordination of various financial management aspects, such as investment management, insurance management, retail banking and so on. The services of wealth management are sought after by high net worth individuals both within and outside a country. The Wealth Management book provides an insightful study to students who aim to excel in the field of finance. The book encompasses all the major aspects of wealth management including time value of money, financial planning, asset allocation, types of risk and returns, investment products and taxation. The book also provides an in-depth knowledge about various financial concepts and their application in the current business scenario. The content of the Wealth Management book has been developed in a simple and easy to understand language. The book, with its updated content, aims to stimulate and increase the understanding of complex concepts in the field of finance. After studying the book, the students will be able to apply the wealth management concepts to serve the financial needs of clients from different fields in real life.