Careers in Wealth Management - A Valuable Opportunity

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• Publié par: st-james-place
• Nombre de lectures: 11
• Langue: 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. 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