Wealth Management is a type of financial planning that provides individuals and families with private banking, estate planning, legal resources, and investment management, with the goal of sustaining and growing long-term wealth. Whereas financial planning can be helpful for individuals who have accumulated wealth or are just starting to accumulate wealth, you must already have accumulated a significant amount of wealth for the wealth management process to be effective.

A disciplined and structured process in establishing and maintaining portfolios can help establish clear goals and expectations and a better means to address one of your key questions - how am I doing?

The process starts at the client level where profiling is conducted to obtain a comprehensive understanding of your individual situation, the life goals and objectives that are important to you, your investment experience, and your ability and willingness to assume risk.

The next step defines the relationship with your Investment Advisor and the structure of your portfolio. This step is the roadmap for your Investment Advisory relationship - it provides the asset allocation for your individual portfolio, the nature of the appropriate investments as well as the service standards you require. Tax planning is an important element of your wealth management plan. This aspect can be introduced by your Investment Advisor and the support available to him/her. As well, through your Investment Advisor and the support available to him/her insurance products can be added. Disability and Critical Illness protection are an important part of a wealth management plan.

Your PWM Capital Investment Advisor will continue to review and assess the nature of your portfolio and provide you with comprehensive summaries of your portfolio's progress. Where appropriate, and in keeping with your needs and requirements as they change, your Investment Advisor will make recommendations, including portfolio rebalancing and assessing new product and financial developments.