Private Wealth Management

Business, Legal & Accounting Glossary

Definition: Private Wealth Management


Private Wealth Management

Quick Summary of Private Wealth Management


Private Wealth Management provides customized financial and banking services to private individuals with a minimum net worth. A bank’s private banking division offers select investment advice to wealthy clients on protecting and growing their present assets, tax planning, retirement planning, passing on wealth, and philanthropy. A team of bank advisers, including relationship managers, investment specialists, and product specialists, address the whole financial situation of their more affluent clients and afford more personalized customer service to them.




What is the dictionary definition of Private Wealth Management?

Dictionary Definition


Financial planning and investment advice for individuals with high net worth. Services are customized for the individuals, and typically includes advice for trusts, real estate, businesses, and general stock investing.


Synonyms For Private Wealth Management


PWM


Cite Term


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Page URL
https://payrollheaven.com/define/private-wealth-management/
Modern Language Association (MLA):
Private Wealth Management. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/private-wealth-management/.
Chicago Manual of Style (CMS):
Private Wealth Management. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/private-wealth-management/ (accessed: May 18, 2024).
American Psychological Association (APA):
Private Wealth Management. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/private-wealth-management/

Definition Sources


Definitions for Private Wealth Management are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.