Wealth Management Banker vs FA. What's the difference?
I have been looking through some job roles at UBS, and I see a "Wealth Management Banker" role. The description is vague. Can anyone tell me what the difference is between this and a Financial Advisor? I know that UBS has an extremely small private banking force in the States, but this doesn't seem to fit into that.
Sorry for putting this in the IB forum...it didn't seem to fit anywhere.
it's basically a lending specialist. your job will be to get FAs to sell loans to clients or assist them with current lending cases. I'd doubt you can get in right out of college, the guys I've seen in it have been in the industry for a while. no idea on how lucrative it is, but I'd imagine not very, as most of the guys I've seen in it tried to make it as FAs but failed.
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