So the wealth manager must multiply skills?

[tanjimajuha20]

What is a wealth manager?
The job of the wealth manager is to manage the wealth of an individual , his client, with a clearly defined objective: prepare for retirement, make a real estate acquisition, grow a portfolio of assets, etc. To do this, he will distribute the investments across different media: life insurance, physical or paper real
viber database estate, financial support, etc. It is not a question of adopting an accounting logic, but rather of taking into account the client's situation: the wealth manager is faced with wealth issues, but also matrimonial issues, taking into account the composition of the family, or even tax issues, etc. Finally, the wealth manager must know how to manage a team , or even a profit center if he decides to create his own consulting business!




Not only must he have multiple skills – financial, fiscal, legal – but he must also update them continuously by keeping up to date with regulations, which are evolving towards ever greater rigor and control. The job is anything but routine.



He is ultimately a multi-tasking professional, a multi-specialist ! We could compare him to a station master who manages teams, ensures the operation of the station and security aspects, ensures the punctuality of trains but also the quality of customer reception...



Who are today’s wealth managers?
Today, the profession is evolving and renewing itself. A few years ago, wealth managers were often people in the second half of their careers, after a career in banking. Today, we find more and more young graduates, armed with a solid background in multiple specialties – for example, having obtained the MBA in Wealth Management from ESLSCA !



Precisely, what will be the opportunities for young graduates?
The MBA in Wealth Management trains real specialists who access interesting positions: they enter the job market as experts, not as "basic" advisors. This allows them to gain 2 or 3 years in their career progression ! Most often, their opportunities will be in the banking or insurance sectors, especially in the middle or back office. Banks and insurers have significant needs in terms of advice and expertise, within internal advisory and support structures.