Financial advisor vs wealth manager

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

What are the key differences between the services offered by financial advisors and those offered by wealth managers?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4018

Hi there,

A financial advisor simply offers advice on how to invest your wealth while you make final investment decisions. A wealth manager actually invests your asset on your behalf and has full power over investment decisions.

Best regards from Moneyguru

More on this topic:
Choosing the right asset manager
Wealth management costs explained
Private banking service comparison
Asset manager comparison

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