Wealth management
Wealth management is a broad service label. Understanding what's inside helps you evaluate providers — and alternatives.
Core services
Investment portfolio construction and rebalancing.
Tax planning and structuring.
Estate and succession planning.
Cash-flow and retirement planning.
Access to non-standard investments (private markets, alternatives).
How they charge
Typically a percentage of assets under management (0.5%–1.5%), sometimes with performance fees, sometimes with flat retainers. Bundled service means bundled cost.
Where a direct programme fits
For the alternatives sleeve of a private-client portfolio, allocating directly to a specific programme like Vision Bank can complement or replace a wealth manager's fund-of-funds exposure. It doesn't replace the other services a full wealth manager provides.