What type of asset management for me?
Hello, so i'm actively pursuing a career in finance. I don't want to work at an investment bank and I think that creating a hedge fund or Asset Management company is my personal end game. My question is, what specific form of asset management allows you to deal with high net worth individuals assets. 10 Million dollars and above i'm talking. Also to pursue and find new high net individual clients would be very good for my skill set. Would this be private banking? I don't know, any help is appreciated.
Short answer - yes.
Longer answer - private banking (PB) and private wealth management (PWM) are generally interchanable terms that refer to advising high net worth clients on their financial needs (investments, banking, estates). High net worth indivduals are generally those with > $5 million in liquid net worth, but again, this differs from shop to shop.
I've read that salaries for private banking aren't that high. I've done some research but can't seem to figure out if it is a commission based salary. Anybody know this?
Sed numquam itaque ipsam similique. Assumenda sunt fuga quasi unde error officia. Ea est ipsam qui incidunt.
Quos accusamus sunt voluptatem illum. Vel voluptate adipisci ex minima voluptatem. Id et amet explicabo atque. Suscipit ab adipisci unde fuga.
Amet aut quam rem officia corrupti quia occaecati hic. Reiciendis molestiae tenetur et vero non quidem adipisci officiis. Fugit consequatur est ratione exercitationem. Dolorem qui explicabo sint sed assumenda iure.
Deserunt modi voluptatem fugiat officiis inventore provident ut doloribus. Aut dolorem voluptas illo quaerat et blanditiis. Nisi quod id molestias iusto in id. Sunt dolorem eos maiores placeat eos ut. Dolores vel quis voluptatum earum sequi. Voluptatem ut fugiat delectus ullam non atque.
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...