What is Wealth Management?


What is wealth? For many people, it’s the value you place on yourself. Whether it be your financial stability, tangible assets such as property, investments, shares or family inheritance, or non-tangible assets like accumulated savings or insurance, the idea is the same. We all want to feel secure that things will continue to go well in our lives and that we have enough money to live comfortably. The way to achieve that feeling of security is to set a budget and invest our earnings accordingly.


Wealth management or wealth advisory services offers a wide variety of services to a broad range of customers ranging from wealthy to high-income and ultra-rich individuals and families. Some of the common services that can be offered include estate planning, tax preparation, asset protection, financial

planning, asset management, and investment advice. A certified financial planner, CFP, is a professional who has obtained the skill and knowledge necessary to help you achieve your financial goals. Whether you’re looking to enhance your current situation or you’re hoping to create a more secure future for yourself and your family, a qualified and experienced CFP can help you reach your goals.


Certified financial planners (CFPs) are registered brokers who have gone through extensive education, both classroom and on-the-job, and they have been certified by the CIampa. All CIampa members are expected to maintain high standards when it comes to their performance and clients can rest assured that their assets will be well-managed by a CFP with the right combination of skills and resources. The services that a CFP provides to his or her clients are generally in line with the skill set that a CFP develops over the course of their career. In order to become certified by the CIampa, a CFP has to demonstrate not only advanced financial knowledge but also a special ability to assess clients’ needs and assets, as well as understand the legal aspects of personal finance.

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