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Vanguard Asset Management Services Nonprofit Organizations Form

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asset management and wealth management they sound the same right well actually they're quite different and they apply to very different kinds of economic circumstances so let's talk about when you might need one versus the other the fundamental difference between wealth management and asset management is that Asset Management generally concerns just the management of your assets what it sounds like right so things like Investments that you bought or might buy in hopes that they increase in value thinking about your retirement things like that now it's an important Financial Service and because it's an important Financial Service it is also included within wealth management but wealth management has other aspects for instance estate planning you know planning for the future generations of your family so wealth management is generally available to higher net worth individuals rather than lower net worth individuals so you may have to compile those Services

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