Wealth Manager

Job Description

Mandatory Requirement: Candidates Applying for this role are required to have an active clientele.

Job Overview:

The Wealth Manager will work closely with clients to understand their financial needs and develop personalized strategies that cover investments, insurance, etc.

Key Responsibilities:

Client Acquisition and Business Development:

• Actively prospect for new clients through networking, referrals, and personal outreach.
• Maintain and grow a client base by providing excellent service and developing trust-based relationships.
• Continuously seek opportunities to cross-sell additional financial products and services.

Client Relationship Management:

• Establish and maintain long-term relationships with clients by providing personalized financial advice.
• Conduct in-depth assessments of clients financial situations, including income, expenses, liabilities, and risk tolerance.

Financial Planning and Strategy:

• Offer guidance on investment strategies, including asset allocation, portfolio management, and risk mitigation.
• Regularly review and update financial plans to reflect changes in the client's life or market conditions.

Investment and Product Knowledge:

• Educate clients on a range of financial products that we provide.
• Recommend appropriate investment products based on clients goals.

Regulatory Compliance and Risk Management:

• Ensure all advice and product recommendations comply with industry regulations and company policies.
• Keep up to date with changes in financial laws and regulations to maintain compliance.
• Maintain accurate client records, including financial plans, recommendations, and ongoing communication.

Qualifications and Skills:

• Bachelor's degree in Finance, Business, or a related field.
• 3-4 years of experience as a Wealth Manager or in financial planning, investment advisory, or wealth management.
• Professional certifications such as Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), Chartered Financial Consultant (ChFC) are preferred.
• Strong knowledge of financial products & investment strategies.
• Excellent interpersonal and communication skills, with the ability to explain complex financial concepts in a clear, concise manner.
• Proven ability to develop and implement personalized financial plans.
• Expertise in the investment and banking sector will be considered an advantage.