What is investment banking and wealth management?

Investment banking is that process or part of the banking operations that helps high net-worth individuals and corporations raise capital and involves providing good guidance and consultancy in financial matters to them. The investment bankers are individuals who act as the mediators and intermediate link between the issuers of security and the investors. They play a huge part in the growth of a business and helps the firms go public too. They do one of the two things. The either sell shares on behalf of the person who has issued the shares and take commission on each of the share or the buy shares that are available at the assessed price and then resell these to the public. In short, investment banks are a major influence in the growth of a business. The investment banker needs to posses a quick-thinking temperament so that he or she can make instant decisions in times of high fluctuations in the market. Their main functions include, underwriting, providing key advice in big firm decisions, and helping in distribution of new issues to investors.

Just like investment banking, wealth management too plays a key role in the grow and nurturing of a business. In simple terms, wealth management is that branch of finance, that takes into consideration the client’s goals and requirements in the long term and chalk out a plan or strategize a pathway, tailormade that will lead the investor or the business in question to the path of progress.

Hiring a good wealth management firm or a good manager can take some time. It could some time need you work on a little trial and error too. A wealth manager can affect the growth of a business and a firm in a pretty huge manner. Therefore, make sure that you choose your wealth management firm carefully after putting in a good amount of research.