Investment management is often associated with wealth management; however, they may mean very different things. Investment is an important part in your financial plan, but it is not the entire picture. The holistic planning process is an organized approach of understanding and coordinating all aspects of your life with your financial plan. It will allow you to have a better understanding of your current financial situation, goals and objectives, and the process on how to achieve these goals.
The core of the holistic planning process is always you, our valuable clients. The topics can be generally categorized into two pieces, investment management, and wealth management.
Under investment management, risk and return analysis are two of the most important factors that needs to be taken into consideration. In addition, your investment choices will be made base on personalized factors, and allocated into different sectors and products.
Wealth management includes many more different components, these topics are factors that fundamentally shape your financial plan. Some of the common factors to be taken consideration includes retirement planning, tax planning, risk management, family trust, business planning, estate and donation, and so on.