A Wealth Manager oversees the comprehensive financial well-being of high-net-worth individuals or families. They provide holistic financial planning, including investment management, estate planning, tax optimization, and risk management. By leveraging their expertise in various financial disciplines, they strive to grow and protect their clients' wealth, aiming for long-term financial success.
Responsibilities
- Risk Profiling and Suitability Assessment
- Insurance, Tax and Retirement Planning
- Goal Based Financial Planning & Investment Management
- Business Development
- Client Relationship Management
- Compliance and Regulatory Adherence
Must Have
- Bachelor's/Master’s degree in finance, economics, business administration or related field
- NISM Certificate for wealth managers (NCCWM)
- Specialized certification on Wealth Management
- Ethical Standards and Code of Conduct
Nice to have
- Reading habit – should have read best-selling books on wealth management
- MBA/PGDBM Finance or Any Relevant Professional Degree
- Compliance and Regulatory Knowledge