What is Wealth Management?

Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as wealth management or portfolio management often within the context of so-called “private banking”.

Wealth management is an investment advisory discipline that incorporates financial planning, investment portfolio management and a number of aggregated financial services.

High net worth individuals, small business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal resources, tax professionals and investment management.

Wealth management can be provided by large corporate entities, independent financial advisers or multi-licensed portfolio managers whose services are designed to focus on high-net worth customers.

If I work in Wealth Management what will I be doing?

As well as providing high net worth clients with financial and investment advise you will be wining and dining potential and existing clients, meeting investment consultants and playing a role in developing new products. In fact you will probably be involved in everything, developing a very close relationship with your clients.

How do I get a graduate scheme / internship / entry level job or career in Wealth Management?

Obtaining a graduate scheme, internship or entry level role in wealth management can be very challenging and competitive – though very achievable by getting your application, CV, interview and general approach right. You can guarantee that ninety percent of applicants for wealth managementg roles will not know how to apply, so getting your application in the top ten percent makes things a lot more achievable.

Approaching the company in the right way will make all the difference. Combining the right approach with a strong interview (and in some cases assessment centre) writ a strong focused tailored CV will go a long way. Make sure you have gone through the free videos on this sight by entering your name and email address in the top right of this screen underneath the video. Once you have filled this in you will have instant access to everything you need to secure your career in wealth management.

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