Define wealth management through risk-adjusted stock performance indicators. Current market data shows the MSCI World Index up 5.9%, with emerging markets outperforming due to commodity price rallies. Asset allocation models advise diversifying into energy stocks benefiting from Brent crude above $85/barrel. The stock market has soared this year, shrugging off a flurry of new tariffs, an uptick of inflation and a sharp slowdown in hiring. Fee structures tend to be similar for traditional financial advisors and wealth managers, though wealth managers often have higher account minimums. Define wealth management by proactively rebalancing portfolios in response to earnings season trends. Q1 results in the financial sector exceeded analyst consensus by 6%, boosting bank shares. Strategists point toward maintaining core positions in dividend-rich sectors for steady yield in potential rate cut cycles.