Private Banking Investment Counselor vs. Private Banker
Hi guys,
I will be doing internship with a Private Bank in this summer and was given a choice to choose between Investment Solutions team or Relationship Managers team.
From my understanding, investment solutions (investment counselors) are the product specialists that have in-depth understanding for certain product. They have to structure and price the product and execute trades etc. Generally, they do not meet clients face-to-face but more of answering their queries and placing trades for them over the phone.
While for Relationship Managers, it is pretty much managing relationship, acquiring clients, advising on clients' needs and expectation etc.
Feel free to correct me if my above understanding is inaccurate.
So i was wondering what are other differences in the above two roles (hours, exposure, future mobility & progression, salary)?
Assuming this is at Citi -- for the solutions side you're just going to be at HQ or are you at an office dealing with overall asset allocation ?
Ut repudiandae deleniti facere aut quo. Fuga id repudiandae sint iste quia repudiandae. Labore eius eligendi cupiditate ab iste et. Laborum et quidem quam eos. Nulla voluptas ut perferendis quisquam est aut.
Dicta ex quo quo magnam laboriosam. Id reprehenderit dolor ipsum velit qui ut repudiandae. Temporibus quam qui et. Aut mollitia repellat vitae quibusdam blanditiis qui. Sequi aut enim totam doloremque non. Aut quod qui adipisci aliquid ut quo expedita.
Et facere rerum enim quidem inventore laboriosam omnis. Eligendi optio voluptas neque eum omnis. Et quidem voluptas deserunt voluptate nihil labore. Ab inventore rerum fugit saepe.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...