Wealth Management has emerged as the most powerful phenomenon in the last decade in the financial market.The usual market trends in terms of financial planning are not enough for a an investor of today as today the categorisation of investors has enlarged to an extent of a common salaried man. The enormous options available in the market with the flooding private players make a person to look out for the best possible options in order to earn maximum ROI and this is not it, tax payment is more crucial for an investor to decide the investment. Now, here comes the role of a Wealth Manager to provide highly customized and sophisticated investment management and financial planning services. High Net worth Individuals (HNWIs), small business owners and families who desire the assistance of a financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal resources, tax professionals and investment management.
Now let's have a look at the market:
India has a population of 1200 million. Against other Financial Services Intermediaries in India there are:
•25 Lakh+ Life Insurance Agents
•70,000+ Mutual Fund Advisors
•25,000 + Bank Branches , 5,000+ Insurance Services Branches and 10000+ Brokerages Service Branches
As per Industry estimates at least 1,00,000 Wealth Management Professionals presently required in India
Financial Advisory, Relationship Management, Investment Advisory , Insurance Advisory, Mutual Fund
Relationship Manager Investment Advisor, Wealth Manager, Financial Advisor, Financial Planner Insurance Advisors Faculty/Content Writer/Trainer Independent Financial Planner
Who could be the Employer?
Levels Expected Earnings *(p.a.)
Entry Rs. 3 to 5 Lakh
Middle Rs. 5 to 7 Lakh
Senior Above 7 Lakh
Growth?
•70,000+ Mutual Fund Advisors
•25,000 + Bank Branches , 5,000+ Insurance Services Branches and 10000+ Brokerages Service Branches
As per Industry estimates at least 1,00,000 Wealth Management Professionals presently required in India
What are the prospective job profiles?
Financial Advisory, Relationship Management, Investment Advisory , Insurance Advisory, Mutual Fund
What could be the Positions/Designation?
Relationship Manager Investment Advisor, Wealth Manager, Financial Advisor, Financial Planner Insurance Advisors Faculty/Content Writer/Trainer Independent Financial Planner
Who could be the Employer?
Banks, Brokerage Firms, Fund Houses Private Banking, Wealth Management firms, Financial Planning Outfits, Fund Houses Insurance Companies Educational Institutes / Corporate Self Employed
What could be the salary?
What could be the salary?
Levels Expected Earnings *(p.a.)
Entry Rs. 3 to 5 Lakh
Middle Rs. 5 to 7 Lakh
Senior Above 7 Lakh
Growth?
Enormous growth opportunities in the companies, not only in terms of salary but also in the profit sharing, the MNCs offer a good percentage to the performing candidates and above all you can become an entrepreneur in the field, there are ample certifications and courses available doing which you can be an independent Wealth Management Professional.
Mail:entrancenadmission@gmail.com
Call:+917509807826
You have shared very good information on career in wealth management. Last month, took help of a famous wealth management group Las Vegas and he really helped me with excellent tips on financial management. It was really quite helpful.
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