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With the changing regulatory measures and the emergence of a new generation of investors, the wealth management industry is in the midst of an acute shortage of skilled, qualified and experienced professionals. The demand for wealth managers is particularly high in established financial markets like London, the US, Switzerland, Hong Kong, Singapore, Caribbean and Canada. Varying from businesses to businesses, wealth managers are likely to hold different job titles, specifically financial consultant or financial advisor. They can either work for small-scale or large-scale corporations, but often in the field of finance. For example, an individual can seek consulting services directly from a single designated wealth manager, or from a whole wealth management team.

Private Wealth Management Jobs in Amsterdam, North Holland, Netherlands

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Financial Advisor/Wealth Management Manager (Signing bonus for New Joiners)

For example, TIAA-CREF Wealth Management works with clients who have as little as $500,000 in investable assets. Although this may not appear to represent a “title” in the traditional sense, it is still sensible to highlight that some wealth managers may eventually choose to start their own firm. This normally takes place once they have ascended through the ranks and developed a highly detailed knowledge of the marketplace and strong relationships with many potential clients. The term “wealth manager” is quite broad and it can encompass various roles and responsibilities.

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Most individuals suited for such a position are highly motivated and they enjoy a significant level of independence. This is not always the case with other financial roles such as accountants and risk managers. Wealth managers also need to have the right personality to be able to build solid relationships with their clients and anticipate their needs and requirements. If so, your interest and personality may be a good fit for wealth management. With the share of wealth/retail client segments as a % of total asset under management expected to grow from 58% to 64% in the next 5 years, demand for wealth managers are expected to increase to capitalize on this trend.