Entrust your money to a company with a solid track record
ACOMFORTABLE retirement in Bali, an Ivy League education for your children, Mediterranean cruises, never having to ask how much things costs - all these are obvious reasons for acquiring wealth.
The problem is that it is not nearly so simple as earning a high salary, starting a successful business, investing in Mid-Levels real estate, or acquiring a balanced portfolio of blue chip stocks.
You have to consider a host of variables that extend far beyond risk, timing and cost. You also have to think about your goals and when you want to achieve them, the rate of return you will need for your portfolio to reach this amount, how your investments should be allocated to maximise profits while minimising risk, and - in many cases - taxation.
Newspapers and magazines are full of advice on how to get the most bang for your buck. An increasing number of websites offer online information, as well as interactive tools that help with calculations. And bookstores are full of how-to books targeted at everyone, from absolute beginners to Wall Street mavens. Unfortunately, the suggestions can be confusing. One source of information is invariably in conflict with another, and the more you read the more confused you get.
Enter wealth management.
