Wealth Management Process

What is Wealth Management?

Wealth management is an investment advisory service. With the combination of other financial services, the needs of affluent clients will be met easily. This form of management works via consultation when the advisor takes into account the respective client’s information.

Who is a wealth management advisor?

  • This person is a financial advisor who utilizes the spectrum of financial disciplines available, including retirement planning, education funds, and estate planning.
  • More often than not, the financial planning pyramid approach serves as a guideline before any major decision is made to achieve a higher level of financial freedom.


MAS regulates all financial planning activities related to securities, futures and insurance. Tax and estate planning activities do not come under our
regulatory ambit. Hence, only financial planners who conduct activities regulated under the FAA are required to be licensed as a financial adviser. A
financial planner may conduct other activities such as tax planning, but these are not subject to supervision by MAS.

The Financial Planning Process

Although there are many methods to approach financial planning, the pyramid is most widely used because of its nicest features that allow you to include the most essential parts starting from the bottom and then get more and more sophisticated as you go all the way up to address your higher financial needs. Remember to keep this in mind when approaching your own financial plan!