Careers in Wealth Management - A Valuable Opportunity
2 Pages
English
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Careers in Wealth Management - A Valuable Opportunity

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Learn all about the services we offer
2 Pages
English

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Careers in Wealth Management - A Valuable Opportunity PR Newswire LONDON, June 22, 2012 LONDON, June 22, 2012 /PRNewswire/ -- For anybody seeking a change of direction, a career in wealth management could prove to be a rewarding and fulfilling choice. In recent years the number of qualified financial advisers equipped to meet that demand has fallen.

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Careers in Wealth Management - A Valuable
Opportunity
PR Newswire
LONDON, June 22, 2012
LONDON
,
June 22, 2012
/PRNewswire/ --
For anybody seeking a change of direction, a career in wealth management
could prove to be a rewarding and fulfilling choice.
In recent years the number of qualified financial advisers equipped to meet
that demand has fallen. This is due in part to the forthcoming Retail Distribution
Review, which many have surmised has led to older financial planners choosing
this time to retire. As a result, market conditions are favouring aspiring new
entrants into this growing professional sector. For those thinking of a change,
starting up a career in wealth management could be a positive move.
So what is wealth management exactly and what is required to succeed in the
business? Broadly, wealth management, and an adviser's role specifically, is to
prepare people and their finances for the future, helping clients to determine
their goals and develop long term strategies. Wealth managers will also need to
respond to markets as they change, assisting clients in capitalising on
opportunities, or avoiding the pitfalls, as they arise.
Whether working for individual investors or trustees, right up to large financial
institutions, wealth management success comes from managing long-term
client relationships, analysing opportunities and being equipped to give clients
total peace of mind with the strategies that are determined together.
To consider wealth management careers, candidates will need to be motivated,
entrepreneurial and have natural people skills to build a network of clients and
sustain long-lasting relationships. Compared to the work undertaken by
financial advisers, wealth managers are likely to service a larger percentage of
high net worth and affluent individuals and organisations. These individuals and
organisations are more likely to take a longer term view, having specific
aspirations that need to be realised relative to a higher awareness of risks and
concerns. Although there are a lot of similarities between the two careers,
wealth managers are required to take a broader view.
As a pre-requisite to a financial services career individuals will also need the
Chartered Insurance Institute Diploma in Regulated Financial Planning
qualification to provide wealth management advice. However there are
organisations that can provide the training, resources and support to help
people make the move into wealth management.
Award winning St. James's Place, with £31 billion funds under management,
takes a distinctive approach to careers in wealth management. They offer
outstanding candidates with no previous experience of giving personal financial
advice a unique route into the business through the St. James's Place Academy.
The Academy model offers all the advantages of a start-up business - such as
self-determination and a healthier work/life balance - with a wide range of
resources and expertise. Through training, qualification and continual support
individuals can create a self-employed business within the culture of a
preferred brand.
St. James's Place is the 2012 City of London Wealth Management Company of
the Year, and are the current holders of the Telegraph Wealth Management of
the Year Award. As well as winner of the Best Financial Adviser Award at the
Personal Finance Awards 2011/12 and FT/Investors Chronicle Best Wealth
Manager for Tax 2011.
Those interested in learning more about St. James's Place Academy and future
career opportunities in wealth management at http://www.sjpacademy.co.uk.
http://www.BroadgateMainland.com