Wealth management provides individuals with financial planning services such as private banking, asset management, taxation advice, and portfolio management. It originated in the 1990s in the US as investment options expanded beyond real estate, bonds, and gold into equity markets. Wealth managers are financial professionals trained to address an individual's unique needs by developing customized plans combining their expertise with their firm's products and market knowledge. Technology now allows wealth managers to utilize online and mobile tools to provide more flexible and convenient services to clients.