Every person has different requirements when it comes to the management of their wealth. Some people are focused on meeting their basic needs only, others have basic needs as well as certain lifestyle requirements that their financial plans need to meet, and there are those who are focused on legacy issues, having met the first two needs. The outcome that you wish to achieve will have an impact on how you should be invested
Some people are still contributing to their portfolios, others are on a contribution-holiday with high lifestyle expenses, and others are drawing income in retirement. Regardless of which stage you are in, you need to know that all of your capital is being invested efficiently, in line with your objectives, and that all financial expenses are necessary and appropriate. One can have too much insurance, be contributing too much to an RA, or have too much invested in SA with no offshore exposure.