What does a Wealth Management do?
Wealth management specialists provide financial advice and guidance to clients seeking assistance in handling their assets and monetary resources. These specialists typically work with clients who have a high net worth. The wealth management specialist identifies the client’s major priorities or objectives and develops an investment plan or asset management strategy that supports those goals. They often recommend or promote specific products and services offered by their firm or financial institution. Their work commonly involves the use of wealth management tools and financial planning software programs.
Wealth management specialists typically have at least a bachelor’s degree in finance, accounting, or a related field. A professional designation such as CPA is an asset. They must have an in-depth understanding of wealth management strategies and principles, and be knowledgeable about all relevant regulations and standards. These roles generally require a variety of financial licenses and certifications.
Wealth Management Salaries
Average Base Pay
Wealth Management Career Path
Learn how to become a Wealth Management, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Wealth Management Insights
“Management has required meetings a few times a week which at least for me don't provide any value.”
“It's commission based and you're supposed to find your own transport going to see clients”
“In terms of wage is good and role itself is good.”
“Most people are respectful and great to work with.”
“If you would like to start a career and like to grow this is the best place to prove yourself.”
“no sign of career progression opportunities; I felt like my brain was rotting cause I barely used it”
“Good pay and fun job”
“Good platform to grow and advance in your career”
Wealth Management Interviews
Wealth Management jobs
Frequently asked questions about the role and responsibilities of a wealth management
When working as a wealth management, the most common skills you will need to perform your job and for career success are Hadoop, Kafka, HIVE, Development Methodology and SPARK.
- Financial Advisor
- Finance Manager
- Financial Consultant
The most common qualifications to become a wealth management is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.