Wealth management for individual includes the protecting and preservation of your wealth. With the proper management of your wealth you will find out how much is your real worth. Even if you earn a significant amount of salary yet most of it will just be spent on expenses then your wealth is not that much. You need a wealth management so that your income will not go to waste and will be invested so that is will accumulate more.
It is good that you distribute your wealth in a manner that it lasts for your lifetime. You have to avail professional wealth management services for proper management of your wealth. They will help you distribute your investments in a broad and diverse portfolio.