Wealth Management is an area of investment consulting that incorporates all available financial resources to meet the needs of wealthy investors. It is a consultative mechanism by which the consultant collects information about the client's desires and tailors a particular plan using relevant financial products and services. A wealth management consultant or wealth manager is a type of financial advisor who uses the variety of financial disciplines available, such as legal or estate planning, financial and investment advice and retirement planning, accounting and tax services to manage the wealth of an affluent client at a fixed fee.