wealth management
Outsourcing your wealth management or keeping it in-house
Submitted by Van Beek on March 9, 2010 - 07:03When do you outsource something in your business and does the same apply for your wealth management? In business you outsource those activities that someone else can do better and that are not a core competence to your organization. So, how does the management of your wealth stack up to that?
Is it part of your core competences or should it be? It is probably not part of your core activities when you look at how much time you want to spend on it. If an hour per month would do, that would be great. You prefer to spend your time on other matters. But managing your wealth is pretty important, isn’t it. It is your future.