It might seem far-fetched, but even within only hours of reading through Charlotte B. Beyer’s “Wealth Management Unwrapped, Revised and Expanded: Unwrap What You Need to Know and Enjoy the Present” will seemingly make you a smarter investor. Common sense and language that doesn’t alienate its laymen readers makes this work a successful piece of financial literature.
One can treat this book as a personal financial advisor. What the book does is establish clearer goals and communication between you and your advisor. It gives you a comprehensive walkthrough of the wealth management industry. Through this, the complexities and the many tangled ropes of wealth management are loosened, bringing the reader a greater understanding of how finances should be handled.
The revised and enriched edition promises new information, especially for women who are planning on investing or have been deep into the game for years. It bears innumerable advice for the more tenured individuals who are faced with tough investing decisions and addresses the effects of your financial situation on your family.
This book discusses the following points:
- The fundamental difference between an advisor and money manager
- The salient questions that you should be asking when interviewing a potential advisor
- Go into fee disclosure statements and conflicts of interest with in-depth scrutiny
- How one can be a DIY investor; if it’s for you or not
Readers of the book agree that despite the fast-paced and always changing financial landscape, this book will remain relevant. This book, as reviewers postulate, is concise yet expansive, light in the language yet in-depth.
About the Author
Charlotte Beyer has been on Wall Street for a long time. Being tenured in the game, Beyer is keen on the changes within the wealth management industry for more than a decade. She retired from being the CEO of her own company in 2012. She went on to become the founder of the Principle Quest Foundation, a 501c3 foundation whose goal renders women financially literate.
Table of Contents
The book presents the following chapters and contents:
Chapter 1: Who’s in Charge of My Wealth, Inc.?
Chapter 2: My Money, Myself
Chapter 3: Are You a Do-It-Yourselfer?
Chapter 4: If You Don’t Know Where You’re Going, Any Investment Will Get You There
Chapter 5: If You Don’t Know Who the Sucker Is at the Table, It Might Be You!
Chapter 6: Resist the Razzle Dazzle: How To Judge the Beauty Contest
Chapter 7: Transparency, or How I Learned to Love Conflicts of Interest
Chapter 8: Courtship Is Usually More Fun Than Marriage
Chapter 9: Can This Marriage Be Saved? When to Fire Your Advisor
Chapter 10: Aging – Grave Concerns
Chapter 11: Born Rich – A Curse or a Blessing?
Chapter 13: Women with Wallets
Chapter 14: The 10 Principles of Principal