What Is The Difference Between A Chartered Wealth Manager And Wealth Manager?

Wealth Managers are responsible for offering advice regarding investments and finances, but what is the difference between titles? This Hedley & Co blog aims to answer the question - what is the difference between a Chartered Wealth Manager and Wealth Manager?

What Is A Wealth Manager?

A Wealth Manager is somebody who combines financial services in order to advise clients on their financial wants and needs.  Wealth management can look different from one firm to the next, however, generally speaking, Wealth Managers are responsible for delivering a strategy to their clients that utilises a range of products and services which will better equip their clients for handling their wealth.

Whether it be estate, retirement, investments or tax, whatever the situation of the client, a wealth manager can advise on how best to navigate the difficult landscape of finance depending on the client's aims. The goal of a Wealth Manager is to advise on how to best use money to generate the greatest return and protect a clients assets.

There are different ways in which you can involve a Wealth Manager in your finances, and lots of firms offer different approaches to wealth management. It’s important when choosing the right firm that you research the right approach to wealth management that best fits your needs. 

What Is A Chartered Wealth Manager?

The Chartered status is given to those members of the industry who have achieved a higher standard of qualifications either through exams and or many years serving in the industry. This title is awarded by the Chartered Institute for Securities and Investments. 

Becoming a Chartered Wealth Manager stands you apart from other wealth managers and financial planners in the sector and the title acts as evidence that the individual is up to date, qualified and experienced. The word ‘chartered’ can be used in other industries and sectors and refers to one’s inclusion in an elite group of professionals.

Becoming chartered allows you to be set apart from your competitors and demonstrates to employers, colleagues and clients your competence and level of experience within your sector.

If a firm has Chartered Wealth Managers, this highlights that their employees are working at the highest standard of wealth management and is a beneficial sign that the particular firm is dedicated to offering the highest level of professionalism and experience to their clients.

Wealth Managers At Hedley And Co

At Hedley and Co, we pride ourselves on having all our high-quality, experienced wealth managers being awarded with the chartered status. Our Chartered Wealth Managers offer a bespoke service to their clients and allow them to choose the best options for them and their financial situation, with guidance on knowledge on the latest products and services.

Contact Us Today

If you would like to know more about both the Chartered Wealth Managers we have here at Hedley and Co, get in touch.

In the meantime, you can speak to one of our investment managers by calling us on 01772 887880 & 01254 699 333 or by emailing us via info@hedleyandco.co.uk.

Please note when investing in stocks and shares there is a risk of loss to capital and income. The value of investments can fall as well as rise and you may get back less than you initially invested. Past performance is not an indication of future performance. 

Hedley & Co Stockbrokers & Wealth Managers is a trading name of Hedley & Company Stockbrokers Ltd who are Members of the London Stock Exchange and Authorised and Regulated by the Financial Conduct Authority under reference 471207 VAT No 741 1173 68

Registered in England and Wales, company no. 06355300. Our registered office is 19 Trident Park, Blackburn, BB1 3NU.