Fortunately, there is more than enough qualified, legal and licensed expertise out there to assist you with the disciplined processes of creating your own wealth from scratch. In many cases, however, investment vehicles are simply foisted onto the unassuming customer who is then told, well, the rest should be history. Just you wait and see. Just watch your nest egg grow. Of course, it is not as simple as that.
Available and qualified wealth management solutions need to be quantified on a regular basis. A team of investment experts, all with good track records to brandish of course, needs to be prepared to stay the course. And the motivation must be given to the client too. The motivation must be given that in order to sustain the wealth after it has been created, there must be a willingness to roll up the sleeves and not let matters rest.
Wealth is only sustainable and makes sense if it is allowed to continue to grow. Compare this principle to the good plant. Ultimately, it will wither and die if left unattended by its curator, never nourishing it and feeding it with water. This is no impractical exercise in promoting greed. But more is still better. It is like having a gift that continues to give. What is the point of creating wealth if it is never going to last?
A fund should not be allowed to run out. That’s not wealth, that’s money poorly spent. A motivation must be given to all investors, the wealth managers and their clients, to enter into relationships that should last a lifetime. But should inevitable changes occur, proactive reactions and the passing of the baton should be set in motion, as the case may be.