Wealth management is investing. The term wealth management is more encompassing than just investing though. It is about financial planning, investment portfolio management, and other financial services along the same vein. Most individuals with a high net worth tend to use wealth management to keep their finances in order. Small businesses and families can also use wealth managers to help get their finances set up.
Wealth managers have had education regarding wealth management to provide a most appropriate service for their clients. Typical education is MBA, CFA, or similar certification. Wealth management often provides large corporations with independent advisors to make important decisions and marketing strategies for the company. It is always a good idea to keep in touch with your wealth managers to be in on the decision.