Wealth Management Edmonton: Exploring the Possibilities

Catering to high net worth individuals and families, ETF Capital Management  focuses on wealth management in Edmonton.  Most financial management houses are located in big cities, where high net worth individuals are often located.  This is due to the centralized concept of corporate structures, where the company sets up an office where the people are. Unfortunately, this does not usually work for all high net worth individuals who can be located practically anywhere where they would like to work and live.

Accessible wealth management professionals are important to their client. Among the many advantages of financial planners in Edmonton, some include:

  • Being close to the clients. The clients’ accessibility to their wealth advisors is totally different from the accessibility of their investments. Individuals with their own personal wealth are not expected to be having their hands in every piece of their portfolio. They have investment bankers, and financial managers to do that for them.
  • Low-key living. Edmonton is one place where having a high net worth is not news worthy. It has a progressive culture, and a great place to be for vacations and for a healthy lifestyle. This is a place where the wealthy would want to have a vacation. An individual with high net worth does not draw attention to himself when he lives in Edmonton.
  • Global communications reach. With the Internet and advanced communications facilities, there is no reason why a person with reach cannot stay here year-round. In fact, this is a place with amenities as much as any other haven for wealthy citizens. Online accessibility for the investment portfolio is all that is needed to manage them.
  • Fluid online boundaries. In the same manner, wealth management in Edmonton is not only for individuals in Canada. In addition, with global business opportunities, wealth management is no longer limited by national borders. It is just as easy to invest in European energy as it is to invest in a coffee chain. Being where the clients are is just as important as being where the investments are.

For some people, they do not need to put up offices in order to work. If the CEO and founder of a big corporation wanted to have offices in New York, they are expected to be there for meetings and talking to clients. However, if the clients are not in New York, then there is no sense to be in the city full-time. In the same manner, time management is one trait of wealthy individuals. They know that they can work more it there were less distractions. Tesla Motors founder Elon Musk is famously quoted as working a hundred hours per week. A careful study of his work habits show that he does work more than a hundred hours per week, and that he does this without any need of going to the corporate office.

Financial planning has become more important for the upper class. Now that they have amassed wealth, the problem is keeping the wealth and making it grow larger. It is a lot easier to lose all that money, than it is to make it grow. The founder’s mindset is not usually passed on to his heirs. This disadvantage can be filled by professional wealth managers who are ready to help wherever their client may be.

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