Wealth management
Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families. It is a discipline that involves structuring and planning wealth to help grow, preserve, and protect it, while also passing it on to the family in a tax-efficient manner and in accordance with their wishes.