Your wealth—as measured by both possessions and money—should be managed in order to grow or to avoid losing value. Wealth management is the process of reviewing and making decisions about your wealth so you can achieve your financial goals. A wealth manager may come with any number of certifications, but in general, this person is a professional who provides financial advice and services to help you with your wealth management journey. Services within the field of wealth management may include investment, retirement, tax or estate planning.

Tailoring investment strategies to meet the client's financial goals, risk tolerance, and time horizon. This often involves asset allocation, selecting investments, and ongoing portfolio management.

Identifying potential financial risks and developing strategies to mitigate them. This includes understanding and managing investment risks, market fluctuations, and personal financial risks.

The goal of wealth management is to help you achieve financial security and grow and protect your wealth.