How much money do you need for Scotia wealth management?
Clients must have a minimum of $500,000 in investable assets to qualify for our Managed Portfolio Program.
What is the minimum investment for wealth management?
Most financial planners accept clients with a minimum of $100,000 investable dollars to put under management. Some will accept $50,000 or lower, but $100,000 is a good benchmark.
Are wealth management fees worth it?
When you are talking millions of dollars in investible assets, you want the very best advisors to deal with. The fee that they charge can be well worth the money if their advice helps you achieve your financial goals. It is like having a top surgeon perform major surgery on you.
What is wealth management in banking?
Wealth management is a branch of financial services dealing with the investment needs of affluent clients. These are specialised advisory services catering to the investment management needs of affluent clients.