Wealth creation and wealth management are integral components of financial planning and success.

Wealth Creation: This involves the process of accumulating assets and resources over time. It often begins with setting financial goals, disciplined saving, investing wisely, and generating income streams. Various strategies like investing in stocks, real estate, starting a business, or even education can contribute to wealth creation. It's a long-term endeavor that involves managing risk and leveraging opportunities to grow assets.

Wealth Management: Once wealth is created, managing it becomes crucial. Wealth management encompasses strategies and practices to preserve, grow, and distribute wealth effectively. It involves investment management, financial planning, tax optimization, estate planning, and risk management. The aim is to sustain and protect the wealth that has been generated, ensuring it aligns with the individual's or entity's long-term goals and aspirations.