What does a Wealth Management do?

Wealth management specialists provide financial advice and guidance to clients seeking assistance in handling their assets and monetary resources. These specialists typically work with clients who have a high net worth. The wealth management specialist identifies the client’s major priorities or objectives and develops an investment plan or asset management strategy that supports those goals. They often recommend or promote specific products and services offered by their firm or financial institution. Their work commonly involves the use of wealth management tools and financial planning software programs.

Wealth management specialists typically have at least a bachelor’s degree in finance, accounting, or a related field. A professional designation such as CPA is an asset. They must have an in-depth understanding of wealth management strategies and principles, and be knowledgeable about all relevant regulations and standards. These roles generally require a variety of financial licenses and certifications.

EducationBachelor's Degree
Work/Life Balance
3.7 ★
Salary Range--
Career Opportunity
3.7 ★
Avg. Experience2-4 years

Wealth Management Salaries

Average Base Pay

€81,548 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
€37K
Median: €82K
€126K
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Glassdoor Estimated Salary

Wealth Management Career Path

Learn how to become a Wealth Management, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L3
Wealth Management Specialist
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L4
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Wealth Management Insights

Read what Wealth Management professionals have to say about their job experiences and view top companies for this career.
Wells FargoWells Fargo
Wealth Advisor
16 Oct 2020

“Management has required meetings a few times a week which at least for me don't provide any value.”

Prudential Life Assurance
Wealth Management Consultant
8 Jun 2021

“It's commission based and you're supposed to find your own transport going to see clients”

BankIslami Pakistan LimitedBankIslami Pakistan Limited
Wealth Manager
27 Jan 2021

“In terms of wage is good and role itself is good.”

UBSUBS
Wealth Management
28 Jul 2021

“Most people are respectful and great to work with.”

Purnartha Investment AdvisersPurnartha Investment Advisers
Wealth Manager
19 Nov 2021

“If you would like to start a career and like to grow this is the best place to prove yourself.”

DBS BankDBS Bank
Wealth Management Operations
16 Jul 2021

“no sign of career progression opportunities; I felt like my brain was rotting cause I barely used it”

Morgan StanleyMorgan Stanley
Wealth Management Intern
9 Jul 2021

“Good pay and fun job”

Purnartha Investment AdvisersPurnartha Investment Advisers
Senior Wealth Manager
19 Nov 2021

“Good platform to grow and advance in your career”

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Wealth Management Interviews

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Wealth Management jobs

Frequently asked questions about the role and responsibilities of a wealth management

When working as a wealth management, the most common skills you will need to perform your job and for career success are Hadoop, Kafka, HIVE, Development Methodology and SPARK.

The most similar professions to wealth management are:
  • Controller
  • Financial Advisor
  • Finance Manager
  • Financial Consultant

The most common qualifications to become a wealth management is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.