What Differentiates a True Wealth Management Firm?
A Wealth Management firm should be focused on reaching the client’s goal rather than selling product. Some of the characteristics of a true Wealth Management firm include:
- A Single Point of Contact for a broad range of comprehensive wealth management services
- A Consultative Approach that helps educate the client during the comprehensive wealth management design and implementation process
- A personal, flexible and customized approach – one approach does NOT fit all
- Coordination with client’s other advisor professionals to keep the client more involved throughout the process and ultimately more in control of deciding the best approach for them
In addition to providing high-level expertise and a comprehensive range of services, Wealth Management firms differentiate themselves in the way they link a multi-disciplinary planning process with the client’s vision and purpose…taking into account a family’s values and aspirations as well as its assets.