2025-08-06T09:30:02Z<\/p>\n
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Facebook Email X<\/p>\n LinkedIn<\/p>\n Reddit<\/p>\n Bluesky<\/p>\n WhatsApp<\/p>\n Copy link<\/p>\n lighning bolt icon Impact Link<\/p>\n Save <\/p>\n Read in app<\/p>\n <\/a> <\/p>\n This story is available exclusively to Business Insider Money talks. And we talk about money \u2014 but we aren’t always articulate.<\/p>\n The Ultra High Net Worth Institute recently published its “Wealthesaurus<\/a>,” a detailed glossary of more than 80 terms common in the wealth management world. They range from the most basic, like “family,” to the more niche, like a “retainer fee,” which is a flat fee paid for specific services over a set period of time.<\/p>\n The glossary comes as demand for wealth management<\/a> booms, thanks to the growing number of rich households whose financial needs are becoming more complex. A McKinsey survey<\/a> of affluent investors found that people increasingly want holistic advice across their many wealth management needs \u2014 the percentage of respondents saying they prefer holistic advice jumped 60% from 2018 to 2023.<\/p>\n How fluent are you in the language of managing your own money? Take our quiz, based largely on some of the definitions in the Wealthesaurus, and find out.<\/p>\n","protected":false},"excerpt":{"rendered":"2025-08-06T09:30:02Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the…\n","protected":false},"author":2,"featured_media":324161,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3093],"tags":[117103,51,2798,117097,474,117098,87380,3589,1232,3145,2499,117100,117101,117104,117102,3114,16,15,117096,117099],"class_list":{"0":"post-324160","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-affluent-investor","9":"tag-business","10":"tag-demand","11":"tag-detailed-glossary","12":"tag-finance","13":"tag-holistic-advice","14":"tag-knowledge","15":"tag-lot","16":"tag-money","17":"tag-number","18":"tag-personal-finance","19":"tag-rich-household","20":"tag-set-period","21":"tag-specific-service","22":"tag-thank","23":"tag-time","24":"tag-uk","25":"tag-united-kingdom","26":"tag-wealth-management-world","27":"tag-wealthesaurus"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114985323969275143","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/324160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=324160"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/324160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/324161"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=324160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=324160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=324160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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