Wealth management vs financial planning

FP holistic in its sense whereas wealth management is a part of financial planners job.....

FP include risk management,tax,estate planning,retirement,investment,etc....

Wealth manager would look at the very one important aspect rest is forgotten.

In india often Wealth Management companies will promote financial planning that would enable them to sell high yielding products such as insurance,pe,equity related .....

Financial planning is a big uncovered are. If I were to say it in a nutshell, a financial planning engagement can occur between a planner and a client that is limited to a few meetings and results in comprehensive advice and a detailed road map. After meeting with a financial planner, people can implement the plan on their own or make another appointment or two -- to implement the initial advice or to address other issues. But a traditional financial planning relationship is not always forever, or proactive and holistic.