Wealth Management - Preservation

Wealth preservation is based on the philosophy that it is more important not to lose money than it is to make money. If an investment falls in value by 50%, you need a 100% return just to break-even. 

It also aims to protect the accumulated wealth against every conceivable financial risk and threat. Proper understanding and assessment of sources of risk and threats helps to decide on the method to protect the accumulated wealth.  This would include:

• Personal liabilities such as guarantor liabilities
• Property and other physical assets.
• Insurance against disabiilit.
• Debt Control and Management.

Inadequate effort to preserve wealth may render it difficult to recover the wealth.