What is Wealth Management?
Wealth Management (gestão de patrimônio) is a premium financial service that takes care of all aspects of a person’s financial life: investments, taxes, inheritance, insurance, and long-term planning.
For whom is it
It is generally aimed at people with assets above R$ 1 million. But the concepts can be applied by anyone:
Pillars of Wealth Management
1. Investment Management
- Personalized asset allocation
- Periodic rebalancing
- Access to exclusive products
2. Tax Planning
- Legally minimizing taxes
- Choosing the best structures (PF vs. PJ)
- Timing sales to optimize IR
3. Succession Planning
- How to transfer assets to heirs
- Family holding
- Pension as a succession tool
- Will and lifetime donations
4. Asset Protection
- Adequate insurance
- Asset shielding (legal)
- Geographical diversification
Accessible version (do it yourself)
Even without a wealth manager, you can:
- Diversify investments (fixed income + variable + international)
- Use PGBL to reduce IR
- Have adequate insurance
- Keep organized records
- Use apps like FinMoovi for total control