Main Article Content
Abstract
Complex nature of the financial products available in the market made wealth management service highly essential. Investors with low financial literacy or lack of updated knowledge find it difficult to optimize returns on the investments made by them. Dynamic conditions of all types of financial markets, complicated legal procedures etc. are making wealth creation difficult. Looking at this situation management of wealth becomes crucial. Wealth management can be considered as the science of protecting and enhancing financial wealth of the client. Investors from the Mumbai City & Suburbs are considered for the study. The Study will be based on both primary and secondary data. Primary data will be collected through survey method in selected geographical area and Secondary data from journals, books, websites & magazines. The study is presented in the form of research paper based on the original work.
Keywords: Wealth Management, Investment Planning