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What is the difference between Money Management and Wealth Management?

Rich is measured in * and *  is measured in time

Money Management Wealth Management Profit Finance Management
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Question added by Jayson Rodrigues , Senior IT Infrastructure & Data Center Operations , UNION NATIONAL BANK (UNB) - Head Office
Date Posted: 2017/02/08
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AMEENULLA KHAN
by AMEENULLA KHAN , Vice President , Mindstorm Strategic Consulting LLC

In short, the main difference between wealth management and investment management for individual investors is the level of financial planning advice provided. True wealth managers provide comprehensive financial planning advice along with investment management.

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