Wealth management is a branch of financial services dealing with the investment needs of affluent clients. These are specialised advisory services catering to the investment management needs of affluent clients.
Also to know is, what does a wealth management banker do?
The Wealth Management banker is responsible for leading the development of deep, advisory relationships with Wealth Management clients through proactive contact of assigned and prospective affluent clients.
Thereof, do banks offer wealth management? In general, private banking can extend to encompass wealth management, but wealth management firms cannot provide clients with private banking facility services. These divisions may offer many services, but they may not be a master of all of them.
Hereof, which bank has the best wealth management?
Bank of America Corp.
| NUMBER OF ADVISORS | ||
|---|---|---|
| 1 | Bank of America Corp. | 18,688 |
| 2 | JPMorgan Chase & Co. | 2,504 |
| 3 | Wells Fargo & Co. | 15,000 |
| 4 | PNC Financial Services Group | 2,757 |