Wealth Management Basics

Foundations of Wealth Management: Key Strategies for Investment, Tax Planning, and Wealth Preservation

What you'll learn

The basics of wealth management

Importance of wealth management as a financial service

Roles and responsibilities of a wealth manager or wealth advisor

Historical Background of wealth management and the noteworthy milestones that shaped its evolution

Understanding how wealth management integrates various financial aspects, such as investments, retirement, and taxes

How wealth management can help reduce tax liability

The potential risks associated with wealth management

Effective strategies for wealth growth and preservation

Requirements

A device that enables you to access the course videos

A secure internet connection

Description

The Wealth Management Basics course is designed to introduce individuals to the essential concepts and strategies that form the foundation of wealth management. Whether you’re a student, a young professional, or someone seeking to enhance your financial knowledge, this course provides a clear understanding of how to manage and grow personal wealth effectively.Throughout this 1-hour course, you will learn about the importance of wealth management as a critical financial service and how it can help achieve long-term financial goals. You will gain insight into the roles and responsibilities of wealth managers and how they integrate key financial aspects such as investments, retirement planning, and tax strategies to create an  effective financial plan. Additionally, the course explores the historical background of wealth management, how it has evolved over time, and the various services wealth managers offer to help clients protect and enhance their wealth. You will also learn about potential risks in wealth management and how to avoid them, along with practical strategies for building and preserving wealth.By the end of this course, you’ll have a solid understanding of the fundamental principles of wealth management and how it can benefit individuals and businesses in managing finances and securing financial futures. This course serves as a stepping stone for anyone looking to explore wealth management further or make more informed financial decisions in their personal or professional lives.

Overview

Section 1: Wealth Management Basic

Lecture 1 Introduction

Lecture 2 Meaning of Wealth Management

Lecture 3 Origin or Historical Background

Lecture 4 Types of Wealth Management Services

Lecture 5 Tax Planning and Related Jurisdictions

Lecture 6 Precautions and Red Flags Associated with It

Lecture 7 Tips to Elevate and Enhance Your Existing Wealth

Lecture 8 Conclusion

Lecture 9 Wealth Management Basics - Glossary

Lecture 10 Wealth Management Basics - Key Takeaways

Lecture 11 Wealth Management Basics - FAQs

Students interested in learning the fundamentals of wealth management and pursuing careers in finance or investment.,Young Professionals looking to understand how to manage and grow their personal wealth or start planning for their financial future.,Aspiring Financial Advisors who want to gain foundational knowledge in wealth management before diving deeper into the field.,Entrepreneurs and Small Business Owners who want to better manage their personal and business finances, including tax planning and investment strategies.,Anyone Interested in Personal Finance who wants to develop a strong understanding of wealth management to enhance their financial literacy and wealth-building strategies.