Nobody downloaded yet


Comments (0) Cite this document
According to Richard Pike (2002), 2nd Edition wealth management involves proper financial planning, prudent investment decisions in terms of investment portfolio management to achieve the highest return on investment and reduce the financial risks associated with the respective…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
Read TextPreview

Extract of sample

Download file to see previous pages The wealth of the business or investors will depend on the future cash flows that are expected from the investments. The decision makers should know the degree of risk associated with a given investment option that is to be taken. Various investors have different attitudes towards risk and they would want to invest in an efficient portfolio. An efficient portfolio refers to a portfolio that provides the highest returns than other portfolio at the same risk or least risk at the same level of return (GOEL, 2009). Every investor would want to maximize on the investment by diversifying any risks that may affect his/her income and should be able to achieve the highest rate of return. Wealth managers should develop proper strategies that can ensure income growth, reduce business risks and low tax rates. Portfolio theory has got certain limitations when used to analyze business risks. When we talk about risk, we refer to the unique consequences for any investment decision made which can be sorted out using probabilities. Business managers mostly would want to reduce risk to minimal levels based on the concept of diminishing marginal utility which says that as wealth grows, marginal utility declines at an increasing rate. There are various types of risks that must be considred when evaluating investment opportunities.the risks include:
ii) The other aspect of risk that managers must look into is Financial risk which involves use of debt capital. This is increased by issuing more debts thereby incurring more fixed interest charges resulting into variability in net earnings
iii) Portfolio risk investment can be reduced by significantly holding selected investments in a portfolio. This is called specific relevant risk because the element of risk should be considered by a well diversified risk. There are ways of measuring risks and these include :
Scenario analysis which takes into consideration the effects of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“WEALTH MANAGEMENT Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
WEALTH MANAGEMENT Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from
(WEALTH MANAGEMENT Essay Example | Topics and Well Written Essays - 3000 Words)
WEALTH MANAGEMENT Essay Example | Topics and Well Written Essays - 3000 Words.
“WEALTH MANAGEMENT Essay Example | Topics and Well Written Essays - 3000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Should the primary objective of management be to increase the wealth of shareholders and owners
Wealth Creation: Primary Responsibility of Managers? Milton Friedman (1970) categorically claimed that the primary responsibility of managers is to protect the fiduciary gain of the shareholders/owners of the company that they are servicing. The moment managers veer away from this ethos, they commit an immoral act.
9 Pages(2250 words)Essay
Should the primary objective of management be to increase the wealth of shareholders and owners
Every human activity has its own objective. Unless the objective is clearly defined, application of necessary efforts required to achieve it is not considered a priority. The objects and aims define the necessary efforts required to achieve the objectives. Being a human activity, management is a product of aims and objectives.
12 Pages(3000 words)Essay
Asset Management: Wealth
To be able make the most of your assets and being a happy investor would be to have the right asset management goal, strategy, and at the same time know which asset risks you would have to take in to be able to grow it. One of the most powerful chapter of the book talks about the eight principles of strategic wealth management where two of which really made a lot of sense especially when it comes to Asset Management.
4 Pages(1000 words)Essay
Financial planning and wealth management
However, the world is showing good signs of recovery. Economic performance in countries around the world is reflecting a positive trend. Total wealth of the world (in terms of the wealth possessed by the high net worth individuals (HNWIs) around the globe) has reached significant high values in the year 2012.
4 Pages(1000 words)Essay
Diversification of investment spreads the risk over many assets. The concept of simple portfolio diversification is that some securities may not perform as anticipated but other assets might exceed in performance making the actual return of the portfolio reasonably close to anticipated return.
12 Pages(3000 words)Essay a great enemy to good management. Adam Smith, (1776), The Wealth of Nations, Book I, Chapter XI. Discuss
Within this context the idea of ownership becomes the overriding factor. In his book the Wealth of Nations (1776) 1Adam Smith spoke of various models of social organization where he has analysed presentations of pre-capital accumulation and the resultant effects of
4 Pages(1000 words)Essay
Outline how private banks and wealth management firms segment their clients and outline the new approaches to client segmentation
twenty percent of the money, the main focus ought to be given optimal service to the twenty percent customers who yield eighty percent money value, (Heil, Parker, and Stephens, 1999). This discretionary attention given to clients is facilitated by a process known as Client
15 Pages(3750 words)Essay
Wealth management
Methods have been set down that, when followed, can guarantee success for the wealth management firm. With these methods set, and wealth management firms
8 Pages(2000 words)Essay
Not sure - suggest Wealth Management and Compliance in the UK
Notably, the increasing regulations and increased regulators’ intrusiveness will have serious impact on the client and the
3 Pages(750 words)Essay
Wealth Management Seminar II
This is an important recommendation or advice, because on most occasions, dissatisfied family members normally contest the provisions of a will. I learnt that the will has a variety of
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic WEALTH MANAGEMENT for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us