Being a curious finance student, I often think about wealth management. Wealth management or money management, when done correctly, has wide-ranging benefits for investors of all kinds —large and small. This is the reason why wealth management has come to be associated with the rich and wealthy is because wealth is associated with the rich and wealthy. Wealth management is more than just investment advice, as it can encompass all parts of a person’s financial life. In fact, the wealth manager starts by developing a plan that will maintain and increase the client’s wealth based on the individual’s financial situation, goals and comfort level with risk.

ZURICH, July 10: With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets.