What do Investment Managers and Wealth Planners do?
The overall aim
Let’s start with what most people are aiming to achieve when they start saving and investing. No-one does this is a vacuum – the twin aims, which may differ in relative importance from one person to the next, are to live well and to leave a good legacy for future generations.
Since most of us lead busy lives, both services are designed to help those who are time-poor, knowledge-poor or who simply don’t want to have to worry about saving and investing day-to-day as they would rather focus on other things. Even those who have the time and the inclination to try to take a DIY approach may find that they “don’t know what they don’t know” when it comes to, say, portfolio construction and/or tax planning.