With the financial markets rebounding after the 2007-2008 recession, more and more people are returning once again to wealth management services like Richard Cayne Meyer International to manage their portfolios and invest their assets. The use of these wealth management services helps to protect assets while earning a return on those assets at the same time. However, there are millions of people around the world that do not use these wealth management services because they do not fully understand them.
What is Wealth Management?
In a nutshell, wealth managemen
t is the management of assets that a person has. It combines the disciplines of financial planning, asset management, advisory services, and investment portfolio management to bring together a cohesive plan for an investor’s future. Essentially, wealth management persons like Richard Cayne Meyer are a one-stop-shop for all an investors investment needs.
There are several types of wealth management as well. Private wealth management focuses on high-net-worth investors that want to invest their own money but do not have the means necessary to invest for their own estates, stock options, or hedging instruments, to name a few examples. There are also services offered to large corporations to help them forecast their investment outlook into the future, as well as help them determine the best underwriters and stock plans for their companies. In the middle are services for small businesses to help them invest their employee retirement plans, as well as invest their idle cash to help earn a bit more return on their capital.
The Role of “Wealth Manager”
Individuals associated with wealth management persons like Richard Cayne Meyer International all tend to be very accredited and credentialed. Most have their Master’s degree in fields such as business administration, finance, taxation, and other various investment emphases. There are even more that have certifications lending knowledge to the field, such as Certified Public Accountants (CPAs), Certified Financial Planners (CFPs), Chartered Financial Consultants (CFCs), and Chartered Financial Analysts (CFAs). This combination of degrees and certifications ensures that these wealth management firms cover all of the bases and help their investors to gain a well-rounded and profitable investment portfolio.
Ways that Wealth is Managed
There are several different ways that people like Richard Cayne Meyer invest and manage the wealth of individuals, corporations, and even small businesses. Most of these techniques are similar to regular asset management, but wealth management also offers other services.
Portfolio Selection
Wealth managers have the research-filled task of helping their clients choose a portfolio of investments that fits their needs. Managers discuss various options and offer helpful advice, as well as lend their knowledge developed over years of investing and education, to help create a profitable and useful portfolio of investments.
Financial Planning
Richard Cayne Meyer commits itself to its client’s needs, and one way to help is to develop a financial plan based on the firm or individual’s plans for the future. This could be anything to helping an individual plan for their child’s education to helping a firm move its cash into a lower risk asset class to gain approval for funding.
Judgment
The best quality that these managers like Richard Cayne have is the ability to judge what works and what doesn’t. After years of education and expertise in the field, these wealth managers know that there is not one solution for all investors. They strive to make the best decision for every investor that walks through their door, making this one of their most beneficial services.
Richard Cayne Meyer born in Montreal, Quebec Canada resides in Bangkok Thailand and runs the Meyer Group of Companies www.meyerjapan.com. Prior to which he was residing in Tokyo Japan for over 15 years and is currently CEO of Asia Wealth Group Holdings Ltd a London, UK Stock Exchange listed Financial Holdings Company. Richard Cayne has been involved in the wealth management space in Tokyo Japan and has assisted many High Net worth Japanese families create innovative international tax and wealth management planning solutions. https://www.isdx.com/Asia Wealth Group.
