Define: Wealth Management

UK Accounting Glossary

Definition: Wealth Management


Quick Summary of Wealth Management


In recent years this part of the financial sector has grown rapidly as a result of an increase in the number of wealthy individuals across the world.



What is the dictionary definition of Wealth Management?

Dictionary Definition


Wealth Management is the practice of offering high net-worth individuals (or organisations) investment management and financial advice, alongside estate and tax-planning services as part of a unified professional service.


Full Definition of Wealth Management


In recent years this part of the financial sector has grown rapidly as a result of an increase in the number of wealthy individuals across the world.



Examples of Wealth Management in a sentence


I met with my banks wealth management department, but I was totally unprepared for how expensive their fees would be.
The wealth management strategy employed by the financial adviser for his client was exceptionally excellent as the investments were diverse.
The wealth management landscape starkly contrasts other banking areas such as fixed income, currencies and commodities.



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/wealth-management/
Modern Language Association (MLA):
Wealth Management. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 20, 2019 https://payrollheaven.com/define/wealth-management/.
Chicago Manual of Style (CMS):
Wealth Management. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/wealth-management/ (accessed: July 20, 2019).
American Psychological Association (APA):
Wealth Management. PayrollHeaven.com. Retrieved July 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/wealth-management/

Definition Sources


Definitions for Wealth Management are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th May 2019.