Wealth Planning And Wealth Advisory

Published October 2020 

Reading Time: 2 minutes

Written by: The Zoe Team

Wealth advisory can be misused. Often, it is assumed that it only covers investment management i.e. the managing of your money in a portfolio with the aim of achieving a return. This should not be the case: wealth advice should include a much more holistic approach. Understanding what services a wealth advisor and wealth planner should provide, will help you to assess whether a wealth planner is providing you with the services you require in a manner in which you deserve.

Wealth Planners offer 4 broad services:


A robo-investor manages your portfolio using mathematical algorithms. There is minimal human interaction and therefore little to no personalization.

Wealth Planning

A review of your overall financial situation, building a roadmap for achieving your goals. This includes budgeting , insurance and retirement planning, investment help, and goal achievement like buying a house or saving for education. It all depends on the wealth goals that shall guide each of your money decisions.

Investment Management

Your planner will oversee the implementation of your investments. This includes asset allocation, rebalancing, alternative investing, and tax-loss harvesting. 

Advanced Planning

Advanced planning involves more complex, intricate financial elements such as estate planning, business succession, legacy planning, and philanthropy. If you require any of these advanced planning services, it is important that your advisor has the required experience and expertise.

Depending on what you want and need, the right advisor for you may vary. Overall, the most important thing is for you to have all the tools to ask the right questions and have better conversations with them. 


Disclosure: This material provided by Zoe Financial is for informational purposes only.  It is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Nothing in these materials is intended to serve as personalized tax and/or investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Zoe Financial is not an accounting firm- clients and prospective clients should consult with their tax professional regarding their specific tax situation. Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written.  Economies and markets fluctuate.  Actual economic or market events may turn out differently than anticipated.  Facts presented have been obtained from sources believed to be reliable.  Zoe Financial, however, cannot guarantee the accuracy or completeness of such information, and certain information presented here may have been condensed or summarized from its original source. 

Ready to Grow
Your Wealth?

Let us connect you with the most qualified wealth planners

Ready to Grow Your Wealth?

Let us connect you with the most qualified wealth planners

Recent Blogs