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  • Term: wealth manager
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    Related Terms: network manager, commonwealth attorney, wealth manager, wealth manager, office manager, geriatric care manager, wealth, enterprise manager, property manager, office manager job description

    wealth manager!


    wealth manager

    Comprehensive Analysis



    1) "Wealth" -- As to wealth manager

    wealth
    Pronunciation: 'welth also 'weltth
    Function: noun
    Etymology: Middle English welthe, from wele weal
    1 obsolete : WEAL, WELFARE
    2 : abundance of valuable material possessions or resources
    3 : abundant supply : PROFUSION
    4 a : all property that has a money value or an exchangeable value b : all material objects that have economic utility; especially : the stock of useful goods having economic value in existence at any one time <national wealth>
    Pronunciation Symbols

    Wealth from the old English word "weal", which means "well-being" or "welfare". The term was originally an adjective to describe the possession of such qualities.

    "Wealth" has come to mean an abundance of items of economic value, or the state of controlling or possessing such items, and encompasses money, real estate and personal property. In many countries wealth is also measured by reference to access to essential services such as health care, or the possession of crops and livestock. An individual who is wealthy, affluent, or rich is someone who has accumulated substantial wealth relative to others in their society or reference group.

    Wealth relates more to the flow of resources while richness relates more to the static absolute value. A wealthy individual, company or community, thus has more resources than it needs and spends, it enjoys a positive flow of resources, including art, beauty, spiritual well being. A rich person, company or community can or cannot be wealthy, the adjective identifying a quantity of richness, a static point, not a dynamic flow. Thus we can have rich individuals who are not wealthy and rich nations that are not wealthy.

    The opposite of wealth is scarcity, the opposite of richness is poverty.

    The term implies a social contract on establishing and maintaining ownership in relation to such items which can be invoked with little or no effort and expense on the part of the owner (see means of protection).

    The concept of wealth is relative and not only varies between societies, but will often vary between different sections or regions in the same society. For example, a personal net worth of US $1,000,000 in most parts of the United States Midwest would certainly place a person among the wealthiest citizens, yet the same net wealth would be considered quite modest on New York City's Upper East Side or in the Connecticut suburbs. However, such amounts would constitute extraord..."



    2) "Manager" -- As to wealth manager

    man·ag·er
    Pronunciation: 'ma-ni-j&r
    Function: noun
    : one that manages : as a : a person who conducts business or household affairs b : a person whose work or profession is management c (1) : a person who directs a team or athlete (2) : a student who in scholastic or collegiate sports supervises equipment and records under the direction of a coach
    - man·a·ge·ri·al /"ma-n&-'jir-E-&l/ adjective
    - man·a·ge·ri·al·ly /-E-&-lE/ adverb
    - man·ag·er·ship /'ma-ni-j&r-"ship/ noun
    Pronunciation Symbols

    Manager redirects here. For use in sports, see Coach (sport), Manager (baseball) or Manager (professional wrestling).
    Enterprise management redirects here. For use in computer networks, see Network management or Systems management


    The term "management" characterizes the process of and/or the personnel leading and directing all or part of an organization (often a business) through the deployment and manipulation of resources (human, capital, natural, intellectual or intangible).

    According to the Oxford English Dictionary, the word "manage" comes from the Italian maneggiare (to handle — especially a horse), which in turn derives from the Latin manus (hand). The French word mesnagement (later ménagement) influenced the development in meaning of the English word management in the 17th and 18th centuries.

    Management has to do with power by position, whereas leadership involves power by influence[citation needed]. Compare stewardship.

    • 1 Functions of management
    • 2 Theoretical scope
    • 3 Historical development
      • 3.1 19th century
      • 3.2 20th century
      • 3.3 21st century
    • 4 Nature of managerial work
    • 5 The importance of control
    • 6 Managerial levels/hierarchy
    • 7 References
    • 8 Areas of management
    • 9 See also
      • 9.1 Lists
    • 10 Citations

    Management operates through various functions, often classified as planning, organizing, leading/motivating and controll..."



    Further Data On Term for wealth manager

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