I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management

Currently the market seemed tougher on boomers. I on the other hand am use to buying and holding assets which seemed to be obsolete in the current market, plus inflation is catching up with my portfolio. I am close to my retirement and it worries me.

I thank myself for never giving up even when it was very hard I kept pushing through until I made it out. My advice is that If you do your own investing, have you ever thought whether you should turn things over to a financial advisor? If you have significant assets, you have probably felt anxiety when making choices with your money. Perhaps you sensed that you might make better investing decisions if you knew just a little more and could invest without emotion. If this is the case, consulting a financial advisor makes perfect sense.

It’s always better to have a financial plan. To avoid having to manage your life. Working with a licensed planner and fixed-income strategist in LA. The fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income

0:25 the difference between wealth management and asset management. they've been used interchangably but they have distinctions. AM is we manage money on behalf of the individuals - institutions sovereign wealth funds, pension funds. we manage them an ETF, stock, bonds, hedge funds, PE. this is the heart of fiduciary business. Wealth management is that, plus understanding someone's entire balance sheet: mortgage and loan and credit card - their entire life.

An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can't easily recognize that they are the same.

“We help them get average returns while charging them fees that negate the returns”

Wealth Management is Hard core sales

This woman is so classy and knowledgeable and it shows. Some of the things he said there, I had to learn the hard way. For the newbies, if you need any, be it wealth manager, asset manager, Investment advisors, broker or any fancy name they're called, remember to always look out for practical and not necessarily "smart" people. Had a terrible experience with one and it opened my eyes to the realities. Funny thing is barely 2 years into doing the right thing, I am doing well and close to making a million off my investments. Be safe out there guys.

I've never heard it put so succinctly and so well.

The cave you fear to enter holds the treasure you seek... I was privileged to learn & invest in Forex trade, Binary Options (Digital currencies).... I was amazed by the profit received after the end of my trading sessions it's encouraging.

@Mary beautifully explained in simple words about Asset and wealth management... 👏👏👏

Dave, thanx a lot for having that lady explain us, where to bring our money ... appreciate !

Why does every video having to do with money attract AT LEAST one commenter touting crypto, and that post gets a minimum of a dozen comments, all of them obviously commercial spam. Are those all clickfarms and chat bots?

i can smell the wealth and class on this woman xx

Wealth Management: Once you have an Asset it begins. Asset Management: One’s an Asset is desired and it’s subsequent acquisition & management.

David is the best finance interviewer.

I absolutely love your interviews #David 😃

Your videos are very useful and provide lots of information. I have received lots of help after watching this post, please continue to share this kind of information. Thank you.

I plan to create a website about private banking and this is a great video for my future website. I've probably spent 5 hours researching different sources for explainations for difference between asset management vs. wealth management. This is video easily the winner. One website, (not video), mentioned that asset management only is for institutional investors. Getting information about private banking online and the different offerings, it really is a very turbid field. =)

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

Awesome explanation

How long does an episode last, only 24 min or longer where can I found complete episode

Very eloquent ..super smart woman….

Wow! Amazing advertisement pitch for JPMorgan Chase.

I have been a banking client of JPM and a private client. Fired them both times. They are not incompetent. They are dishonest.

Great financial advisor

asset management focus on asset allocation into different investment instruments. Wealth management focus on overall balance sheet. Managing asset and liabilities.

Great interview

Asset management also involves retail products, like Blackrock iShares or Charles Schwab funds. What she is talking about is only AM for institutional clients.

Any web in which we can learn a bit of what she said related to save early? Any article? Book? Thanks in advance!

Do you notify benificiaries,

Good video

Very good explanation.

Memerlukan lebih ramai orang jadi sebarkan video ini lebih banyak

Good video. As for me i have made huge profits on my investment since i started trading with Julia David, her trading strategies are top notch.

I'm planning to request a sponsorship and partnership with Fidelity. I would also like to request at some point a sponsorship from JP Morgan. I recommend JP Morgan have business discussions with Fidelity if they are interested in my business as well as they are part of one of their portfolios. 👀

Luv it when she says “ to help Ppl “ 😂🎉❤

We've saved for me for 45 years plus if you want to count historical

Okay well I have trust 142 there's 24 other trust within that trust and I know that I am involved with JP Morgan so what do we need to do because I've never seen a penny of any of my money not one penny and for the beneficiary to have that many trusts in the government be their trust fund administrators for them to have taken parts of my money invested into long-term security for me to have to pay the taxes on it but never see a return makes no sense to me at all

Investing in trust deeds is also a great investment worth considering!

nice

wowww beautiful contents..... love your channel, subbed ! a fellow creator,,

Let the hand rubbing commence!

Now go see out how much JPM nickled and dimed their clients with small fees in 2020/2021 - and she still uses the word “fiduciary” lol

Hay quá

So we're going to borrow money from me since I'm the private sector of the government too how does that make any sense we're going to borrow money from me

Why are their so many comments this is a bug..

I worked in JPM wealth management. Churn and burn.

Since you seemed to know so much about it why don't you tell me what my trust portfolios are in a total worth including stocks and everything

Funny that she dances over why the Wealth Management business isn't also a fiduciary business

Nonang has a bank use to answer now.535 Thai baht

Treasury was recommended after accounting degree confirmation

What if your advise is wrong? Then what?

I was poor but then investing in high stakes really helped you should try too, you should get advise from people

Incredible! This content is a true masterpiece. I recently read a similar book, and it was an absolute gem. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight

0:20

Glorified Sales , job wealth management. You have an advisor promising you the world by having you invest in a managed account at nice 1.5% fee. Oh and you need a minimum to invest 100k. These firms don’t really care about you, what they care about is having scalable revenue they can report on their earnings call.

Don't forget this company asks it's employees to work 12 hours shifts, 6 days a week. How is this reasonable?

No Nang Michen Manno

I thought wealth management was just a fancy new word for "stockbroker" now that traditional stockbrokers have been dis-intermediated by online brokerages.

All she really cares about asset vs wealth management is how much fees being generated for her.

「上記のギフトのいずれかを選択できます」、

✌🏼

This is quite possibly the stupidest comment section I’ve ever had this misfortune of reading through. Not a single person in here has even the most basic understanding of investment management

What is wealth? If/When people decide to talk about global takeovers, what's it look like? How many different ways can it be done? The world is nothing but a structured system. One which is failing in many, many ways. It's a very timely, if not overdue, line of questions and S scenarios to consider. The time takeovers could occur globally AND TOGETHER is far more important than the brilliance in the status quo. The question of removing it is more important, in my view. The proverbial swimming with sharks mentality is always key... A new community 'commune' system seems far and away more beneficial. It's happening in ways but not as intelligent or even challenged...yet. Political systems are a detached albatross. Military is almost grossly unnecessary outside the political theater. Best case, it's a result of the outdated political theater. The REDUCTION of wealth back to an asset among people to use for the betterment of the industry, community & people is far more efficient and rational. Investments don't disappear but they get more modernized and easier for all. The need for services in an exchange system to further give and receive is a logical modernized business transaction. Used and reused systems. Minimized health care equipment managed BY PEOPLE with the systems, not BILLINGS. Growing our own food with an exchange is another and it goes on and on. I'm not even INTERESTED and see the possibilities, vulnerabilities. No one is looking at ALL these watershed bubble popping POSSIBILITIES. I hope #wealth will.

Great comedy

Celine Dion after canceling her Vegas shows

basically making the rich richer

Why does she sound like a TV politician a little?

"Learnings"😂

Where is david looking???

A Robot Woman...

now explain the difference between JP Morgan and a criminal syndicate.

o c'mon, this is just a paste and tell

Hay quá

Currently the market seemed tougher on boomers. I on the other hand am use to buying and holding assets which seemed to be obsolete in the current market, plus inflation is catching up with my portfolio. I am close to my retirement and it worries me.

Now go see out how much JPM nickled and dimed their clients with small fees in 2020/2021 - and she still uses the word “fiduciary” lol