Wealth

However, wealth management is not only for individuals but is also applicable for business.

Wealth management is about managing your wealth or surplus funds to achieve a financial goal, e.g. to ensure capital invested is kept intact or the investment risks are well managed at all times.

Before deciding how your money should be managed, you need to determine the financial situation and financial goals for both you and your business. To do this, you need to:

• Understand your business and personal financial goals and constraints
• 3Sixty Consulting will help you analyse your business and personal financial position using net worth and cash flow analysis
• We will also assess your business risks and personal risk profile

You need to take into account your personal financial situation because as a business owner, your financial situation is closely tied to the state of your business.
Once you have determined your net worth and set your goals, 3Sixty Consulting will help you construct an action plan to achieve these goals.

Currently, many businesses practise some forms of wealth management through insurance and investment.
A comprehensive wealth management plan should generally include ways to maintain, grow and distribute assets which would involve the following, cash flow, tax planning and investment management.

Furthermore, 3sixty Consulting has access to the full range of traditional financial service products as well as some very interesting alternative investments that will ensure that your investments are diverse, holistic and achieving their full potential.