Download
Skip this Video
1 / 5
Michigan Business School Finance Club - PowerPoint PPT Presentation
- 240 Views
- Uploaded on
Michigan Business School Finance Club. Private Wealth Management. Private Client Services. a.k.a. Private Wealth Management, Financial Planning, Individual Advisory Services, Private Banking Titles: Financial Advisor, Investment Representative, Banker, Wealth Advisor
Download Presentation 
An Image/Link below is provided (as is) to download presentation
PowerPoint Slideshow about 'Michigan Business School Finance Club' - daniel_millan
An Image/Link below is provided (as is) to download presentation
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.
While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Michigan Business SchoolFinance Club
Private Wealth Management
Private Client Services
- a.k.a. Private Wealth Management, Financial Planning, Individual Advisory Services, Private Banking
- Titles: Financial Advisor, Investment Representative, Banker, Wealth Advisor
- Develop and manage relationships with individual investors
- Market the investment services of the firm
- Advise clients on investment opportunities
- Analyze client portfolios
Michigan Business School Finance Club
Things to consider
- Nationally known firms, regional firms, boutiques
- Highly competitive market
- Highly fragmented market (2-3%)
- Typical two year grace period to grow your Book
- Your own rolodex?
Michigan Business School Finance Club
Trends in the business
- Absolute returns versus relative returns
- Best in class asset management
- ‘360’ degree client coverage
- Team based approach
- More knowledgeable clients
- Technology
- Commission to fee based revenue
- Wrap programs
- Intermediaries can make it challenging
Michigan Business School Finance Club
Opportunity
- Entrepreneurial: run your own business
- Choose your client base-wealth level
- Heterogeneous clients
- Mix of skills—quantitative and qualitative
- Sales oriented
- Key differentiator is YOU
- Hard work but quite rewarding
Michigan Business School Finance Club
