{"id":1447,"date":"2021-02-16T10:54:26","date_gmt":"2021-02-16T10:54:26","guid":{"rendered":"https:\/\/aspentrust.com\/?p=1447"},"modified":"2023-01-04T15:53:30","modified_gmt":"2023-01-04T15:53:30","slug":"strategic-wealth-management-solutions","status":"publish","type":"post","link":"https:\/\/aspentrust.com\/strategic-wealth-management-solutions\/","title":{"rendered":"Gaining a Wealth of Knowledge with a Strategic Wealth Management Solution Advisor"},"content":{"rendered":"\n

Similar to a financial consultant, a strategic wealth management solution advisor is a crucial component in navigating wealth management and long-term financial goals. As global systems become more interconnected and complex, finding the right comprehensive financial services to meet an evolving business and finance landscape is key in finding success for this generation and successive ones.<\/p>\n\n\n\n

The Aspen Trust Group<\/u><\/a> understands the dynamic global landscape and can provide you with the tools you need to select a strategic wealth management solution advisor that offers you more. Learn about the rise of wealth management advisors, a relatively new profession, the ways quality advisors can serve clients, and why it\u2019s smart to hire one.<\/p>\n\n\n\n

The Rise of Financial Consulting and Wealth Management<\/h2>\n\n\n\n

Five decades ago, the concept of financial planning as a profession and the role of an international financial advisor was established in a hotel not far from the Chicago O\u2019Hare International Airport. Given that world leaders had for centuries financial and legal advisors in some form, it is surprising that the formation of the professional field took so long to emerge.<\/p>\n\n\n\n

Most financial planning timelines equate the Securities Act of 1933<\/u><\/a> in the United States as the origins for financial planning, passed to safeguard investors from future crashes following the 1929 stock market crash. Seven years later, the Investment Advisers Act of 1940<\/u><\/a> cemented guidelines on the regulation of the investment industry. It would take another 29 years until 13 financial leaders \u2013 versed in mutual funds, life insurance, and stock brokerage \u2013 met in Chicago in 1969<\/u><\/a> to form not only the profession but also the foundation for the College of Financial Planning.<\/p>\n\n\n\n

Since the first financial consultant graduates in 1973, the field has grown to over 150,000 Chartered Financial Analysts (CFAs)<\/u><\/a>. In the 1980s, the idea of financial consultants seemed to lack the scope of all the financial services as well as the depth of knowledge on financial matters across foreign countries. As a result, the modern creation of a strategic wealth management advisor developed to meet the demands for current financial solutions worldwide<\/u><\/a>. In essence, the depth of services offered by strategic wealth management advisors can go further than those of traditional financial planners.<\/p>\n\n\n\n

\"Manage<\/figure>\n\n\n\n

The Features of an International Wealth Management Solution Advisor<\/h2>\n\n\n\n

As a professional expert on financial matters, a strategic wealth management solution advisor offers comprehensive financial advice from tax management and planning to wealth and investment management. Similar to the role of designers and architects, wealth management advisors generate plans to help clients reach specific financial goals as well as to provide successive wealth transfer solutions for the next generations in a family<\/u><\/a>.<\/p>\n\n\n\n

As a strategic wealth management advisor understands the various aspects of one\u2019s life, they also become partners in all of life\u2019s stages, including assisting with retirement planning. Taking this step with your wealth management plans means taking an extra measure to safeguard important assets of the family.<\/p>\n\n\n\n

Not every wealth management advisor offers the same client services. Some might exclusively deal with investment management or estate planning; others provide full-service for their clients with services ranging from international business set-up to retirement accounts management.<\/p>\n\n\n\n

An Expanse of Financial Services<\/h2>\n\n\n\n

A strategic wealth management solution advisor is equipped to handle a wide range of financial matters or to assist with specialized areas of business and personal planning. As financial professionals often get to know a client on a personal level, it is often useful to find a strategic wealth management advisor that covers all your business and family affairs under one roof rather than hiring multiple professionals. This ensures that knowledge on the entire scope of the background of your financial history as well as future wealth management goals for generations to come is comprehensive and taken into account when advising.<\/p>\n\n\n\n

Some of the areas that a strategic wealth management advisory firm may serve clients in include:<\/p>\n\n\n\n