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Thursday, May 2, 2019

Wealth Management Essay Example | Topics and Well Written Essays - 250 words

Wealth Management - Essay ExampleThis research go away begin with the statement that in the context of wealth management, sensation is able to positively impact the knowledge domain from a professional working environment. It is by participating in investment deals that will manage wealth by finding deals and assessing them. It is by way of formulating a strategy that will enable identification of the conform business venture. The first step is to understand ones intended positive contribution and choosing an approach that corresponds to the desired contribution. The appreciation will be by way of distinguishing the various impacts and the investment approach that will lead to a positive contribution. From the authors own professional point of view, he should be in a position to clearly define these possible positive contributions. It is by investing in ways that will attain a positive environmental and social contribution and impact. The investment should avoid any contradict any environmental and social impact by using practices that are responsible. The second initiative is to conciliate ways of relationship buildingwith the people who might be affected by the investment. It is important because one is able to know their point of view and opinion on the matter. This consultation will enable prissy planning on ways of undertaking the investment so that it positively impacts on them. Thirdly is to take the risk the investment can cause. It enables identifying an appropriate investment strategy. Knowing the preference and the issues to be targeted is important in assessing the risk the investment has to the people around.

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