Investing and Wealth Management

[Music] welcome to this Killick explains finance video this time a question I get asked quite often what exactly is wealth management big term what has actually mean well I would break it down into four planks lifetime planning more about that in a moment is plank number one and then supporting it you've got building capital managing capital and succession planning if you were to wrap all that up in terms of what's in it for me you could summarize it as a life well-lived and a legacy well left so let's keep that in the back of our minds and look at these in a little bit more detail so the backdrop to all of this is lifetime planning in other words it's securing three different objectives one making sure you've got that rainy day fund in place for redundancy illness and/or an emergency and that's going to travel with you throughout your investing life then lifetime savings in other words