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Definitions from the Web

Term: Wealth Management

Description:

Wealth management refers to the professional service of managing an individual's financial assets and investments to achieve their long-term financial goals. It involves various aspects such as financial planning, investment advisory, tax planning, estate planning, and retirement planning.

Sample Sentences:

1. She hired a wealth management firm to handle her investment portfolio.
2. Wealth management advisors help high-net-worth individuals in planning and preserving their wealth.
3. Proper wealth management is important for ensuring financial security and achieving financial independence.
4. Understanding risk tolerance is a crucial aspect of wealth management.
5. The wealth management industry has seen significant growth in recent years.

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