Question

5. The goal of wealth management is to sustain and grow

a) Long-term wealth

b) Short term wealth

c) Medium term wealth

d) Consistency

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Answer 1

It Can Help Maintain Wealth – Wealth management can help maintain a client's wealth and assist them in meeting their specific financial objectives. ... It Can Help With Wealth Transfer – This is especially important for high-net worth individuals. Wealth management includes estate planning.

Answer 2

A) Long-term wealth is the correct option.

Explanation:

• Wealth management is an investment advisory carrier that mixes different financial offerings to deal with the wishes of prosperous clients.
• A wealth control guide is a high-degree expert who holistically manages a prosperous client's wealth, usually for one set fee.
• Wealth management aim of wealth control is to maintain and develop long-term wealth.
• From a prosperous person's standpoint, wealth control is a technology for strategically improving their monetary scenario improving their financial scenario.
• It is a non-stop funding-advisory technique that may be an aggregate of financial planning, investment portfolio control, and some of the aggregated financial offerings.
• It gives numerous techniques and plans that permit people or companies to gain all viable financial dreams scientifically in a systematic manner.

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