Wills and estate planning involves creating legal documents like wills and trusts to manage the distribution of assets, minimize taxes, and ensure a smooth transfer of wealth to heirs according to the individual's wishes.

Personal risk management involves identifying, assessing, and mitigating potential risks to an individual's financial well-being, including insurance and protection strategies to safeguard assets, income, and family.

Liability management involves optimizing and restructuring debt to improve financial stability, reduce costs, and align liabilities with long-term financial goals, ensuring better cash flow and liquidity.

Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other assets, offering a professional management approach to grow wealth while managing risk.