What does a wealth manager do, and what is the wealth management profession?

Wealth management. The role of the division is equivalent to that of a financial planner, and the purpose is to provide a comprehensive allocation of the client's assets, which is equivalent to the allocation of family assets.

The specific targets include: **, **, bank deposits.

Cash, credit cards, insurance, and more.

1. Wealth management refers to the customer-centric, source design of a comprehensive financial plan, which provides customers with a series of financial services such as cash, credit, insurance, investment portfolio, etc., the customer's assets, liabilities, liquidity for comprehensive management, to meet the financial needs of customers at different stages, to help customers achieve the purpose of reducing risks, achieving wealth preservation, appreciation and inheritance.

Extended information: There are three main differences between wealth management and wealth management business in general:

First, in essence, the wealth management business is customer-centric, with the aim of designing a comprehensive financial plan for the client to meet the client's financial needs; In a general sense, the wealth management business is product-centric, with the purpose of better selling its own wealth management products.

Second, from the perspective of the main body that provides services, wealth management business is a wealth management business in a mature sense, and it has many subjects, not limited to the banking industry, and various non-bank financial institutions.

are launching wealth management businesses. Wealth management business in the general sense is mostly limited to the traditional business and intermediate business provided by commercial banks.

Third, in terms of service objects, wealth management business is not limited to personal wealth management, but also includes asset management of enterprises and institutions, and the service objects are wider; The general sense of wealth management business is in the early stage of wealth management business development, as a type of financial products of China's commercial banks.

The launch mainly refers to the packaging of personal financial management products of banks, and most of the service objects are private. The three distinctive characteristics of wealth management, "customer-centric", "many service subjects" and "wide range of service objects", make it different from the general sense of wealth management business and become a mature stage of wealth management services.

A private wealth manager is a person who focuses on the people he serves (individuals or enterprises) and designs a comprehensive set of financial plans, such as cash, credit, insurance, family trust, marriage and family, taxation, and investment portfolios. Manage the assets, liabilities and liquidity of the service population to meet the financial needs of the service population at different stages, and help the service population achieve the purpose of reducing risks, achieving wealth preservation, appreciation and inheritance.

PWM is a certified wealth management practitioner whose job responsibility is how to tailor a comprehensive wealth management, protection and succession plan for clients through the use of legal and financial tools such as marriage and family, tax planning, insurance, family trust, asset allocation, etc.

In order to standardize the assessment and evaluation of "private wealth managers PWM" practitioners and the healthy development of the industry. Proposed by Goldman Sachs Boya (Beijing) Information Consulting, the Group Standard of "Private Wealth Management Professional Skill Level" was jointly drafted and compiled by China Association of Small and Medium-sized Enterprises, Liaoning Financial Planners Association, American Private Wealth Management Association, Shen Junru Law School of Hangzhou Normal University, Dacheng (Hangzhou) Law Firm, Guangzhou Gold Investment Bank Family Office, China Starta International Economic and Technical Cooperation, etc. The formulation of standards is an important measure, which is of great significance to clarify the professional skills of private wealth management, classify occupational levels, and standardize the development of the private wealth management industry.

First of all, let me introduce myself, I am a freshman student majoring in financial management, and I will introduce the situation of the wealth management major, so that the younger students of level 22 can fill in the volunteer reference.

Comparison of majors: Compared with some similar majors such as finance, the requirements for mathematics in financial management majors are not so high. Finance majors involve a wide range of knowledge, while finance and accounting majors focus on practical operations.

There are also differences in the direction of employment, financial majors are more inclined to banks, ** and other financial institutions, and wealth management majors are mainly engaged in financial positions. Compared with the accounting major, the employment scope is wider, and it is easier to enter a management position.

Personal feelings: In the past year of study, I have felt more and more that professional courses are boring and complicated. If you really like this major and your college entrance examination results are good enough, it is recommended that you choose a famous school such as **University of Finance and Economics and University of International Economics**.

Professional introduction: Meaning: Under a certain overall goal, the management of asset acquisition (investment), capital financing (financing) and cash flow (working capital) in operation, as well as profit distribution.

Wealth management is an important part of the enterprise, mainly playing the functions of finance, financial decision-making, financial planning, financial control, financial analysis and so on. In addition to specialized courses, the university's finance course also offers practical courses, and our school offers a hands-on accounting course in the first year.

As far as our school is concerned, the main courses offered in this major are as follows:

Compulsory courses: Business Administration, Economics.

Core courses: Principles of Accounting, Intermediate Financial Accounting, Statistics, Western Economics, Fundamentals of Economic Law, Management, Accounting Information Systems, Tax Law, Finance, Elementary Financial Management, Intermediate Financial Management, Management Accounting, Auditing, Financial Statement Preparation and Analysis.

There is no list of public classes here, and each school is similar, including politics, English, high mathematics, and so on. There are many female students in this major, and many students are worried that the advanced math class is too difficult. In fact, the advanced mathematics of the accounting major mainly examines the basic knowledge, and most schools only open it for one or two years, so you don't have to worry about whether you can't learn it.

Certificates that can be obtained in this major:

CET-4 or CET-6, Computer Certificate, Junior Accounting Certificate, Intermediate Financial Accountant, Management Accountant, Tax Agent, Auditor, Certified Public Accountant, Chartered Certified Accountant.

Certified Public Accountant.

Employment direction: The employment direction of this major is broad and the employment rate is very high. The main directions are engaged in financial accounting positions in ** and enterprises; Engaged in consulting and other positions in accounting firms; Or engaged in the teaching of accounting in secondary school, the talent gap of secondary school teachers is relatively large.

If it is an ordinary financial position, the salary is not high, and there is room for promotion only if you keep studying after work.

In terms of personal career planning, I would like to try to go to graduate school to make up for the lack of a bachelor's degree. However, the master's degree in accounting is very competitive, and if I fail to go to graduate school, I will choose to find a job, and then take the part-time graduate school examination as needed in the future.

<> wealth management profession is often thought of as simply a profession for managing money, but I really knew it after consulting with my friendsAlthough the wealth management major is the counterpart major in the financial direction, more practical applications also require the knowledge and skills of the accounting direction.

Professional certification. Professional evaluation

Wealth management is not only a rigorous professional science, but also a superb art of life. "Golden Stone Financial Strategy" describes the wealth management profession as follows: deviating from the concrete reality of life is playing hooliganism.

The popularity of the wine industry, Wang Xinling's concept stocksAs you've probably heard, this is something that two more obvious wealth management professionals can do.

Class. Introduction to the profession

Wealth management courses are generally divided into general education, accounting, financial economics, management, and law. Students majoring in wealth management are required to master high-math calculations and improve their ideology and morality; Use the knowledge and skills of management accounting, financial accounting, auditing and finance to conduct theoretical study and practical operation, and analyze socio-economic and market investment from macro and micro perspectives; and the study of organizational behavior and tax law.

Some subject courses.

Professional Certificates

Junior Accounting Certificate, Intermediate Accounting Certificate, and Certified Public Accountant (CPA), these three certificates are required for wealth management students to prepare for the exam in advance in order to grasp the opportunity to pass at one time. The acquisition of the certificate is one of the criteria for the interviewer to recognize the professionalism of wealth management students.

Friend's CPA grades.

Employment prospects

Wealth management graduates can be auditors, financial assistants, product managers, Internet data analysts, accounting firms, banks, investment companies, ** companies in the financial industry, etc.

Industry share chart.

Today's market is diverse and inclusive, and the wealth management profession is interconnected with many industriesThe employment rate is as high as 80% every year. After entering the industry, learn to enrich your knowledge system, treat the practical problems of work more rigorously, and accumulate and create successful cases from an early ageSlowly, the salary will grow up, and the industry has a lot of room to rise.

The average wage of the industry has increased in recent years.

A friend of mine studied this major and learned a lot from her.

Personal learning feelings:

For liberal arts students, this major has a certain degree of difficulty, to learn mathematics, science has a lot of content, most of which are rote memorization. Some courses in the wealth management major are also boring, and learning this major requires a certain amount of patience and care.

Introduction to the profession

Wealth management mainly provides comprehensive and supporting financial planning and financial services for high-net-worth individuals and ultra-high-net-worth individuals to meet the personal financial needs of customers and help customers achieve the purpose of reducing risks and achieving wealth preservation, appreciation and inheritance. Its services include cash savings management, debt management, personal risk management, insurance plans, portfolio management, general legal advice, relocation and real estate services, taxation, retirement planning and estate arrangements.

Majors offered by:

The Wealth Management major offers professional theoretical courses and practical training courses such as "Fundamentals of Economics", "Fundamentals of Data Processing", "Basic Accounting", "Monetary and Financial Practice", "Personal Finance", "Corporate Finance", "Introduction to Financial Technology", "Operation and Management of Commercial Banks", "Financial Product Marketing Practice", "Insurance Practice", and "Investment Practice".

Certificates available:

**Professional Qualification Certificate, **Professional Qualification Certificate, Banking Qualification Certificate, Junior Accountant, Assistant Financial Planner, etc.

Employment prospects

The average salary of graduates in this major is more than 31% of the majors, and there are various types of employment and many positions. Its employment positions are mainly sales business, finance, auditing, taxation, administration, customer service, banking personnel, logistics, secretarial, etc. Employment industries include financial investment, real estate, Internet, FMCG, wholesale and retail.

It is mainly to help customers manage their finances and invest in companies.

Wealth Management BAI is based on DU

Customer-centric, design a complete set.

Zhi face of the wealth dao

Through the provision of a series of financial services such as cash, credit rights, insurance, investment portfolio, etc., the assets, liabilities and liquidity of customers are managed to meet the financial needs of customers at different stages, and help customers achieve the purpose of reducing risks, achieving wealth preservation, appreciation and inheritance. Wealth management includes cash savings and management, debt management, personal risk management, insurance plans, portfolio management, retirement planning and estate planning.

Wealth management refers to the customer-centric, design a comprehensive set of financial planning, by providing customers with a series of financial services such as cash, credit, insurance, investment portfolio, etc., to manage customers' assets, liabilities and liquidity, so as to meet the financial needs of customers at different stages, and help customers achieve the purpose of reducing risks, achieving wealth preservation, appreciation and inheritance.

The job content of a wealth manager includes:

1. Analyze the financial needs of customers, formulate asset allocation plans for customers and provide investment suggestions to customers;

2. Continuously develop various channels, contact and screen effective customers, and sell products;

3. Participate in the planning of various high-end customer activities to improve customer conversion rate;

4. Continue to follow up and serve, and establish long-term cooperative relations with customers.

Further Information: The recruitment requirements for wealth managers are:

1. College degree or above;

2. Familiar with trust, asset management, private equity and secondary market product sales;

3. Have customer resources and customer development capabilities;

4. Have good professional quality;

5. Be in good health.

Extended Resources: Career Paths for CWM Wealth Managers:

1. Through the study of the Chartered Wealth Manager CWM course, the personal ability to use professional knowledge in all aspects of wealth management has been improved, and the senior manager qualification in the fields of wealth management and finance has been qualified.

2. Chartered Wealth Manager CWM is an international core qualification certification in the field of international management, which is widely recognized internationally.

3. The wealth management concept contained in the CWM course represents the international general and highly authoritative wealth management industry standard, and it is also the best qualification certificate.

4. The CWM certificate of Chartered Wealth Manager belongs to the highest level of the stepped international qualification certificate, and its value is reflected in the royal charter qualification.

5. **The company's wealth managers need to develop customers and introduce new assets, mainly focusing on product sales, and the proportion of account opening requirements is low.

6. CWM Chartered Wealth Manager has many employment options, such as positions in retail banking, private banking, and wealth management center related departments for common high-end customers.

The main responsibilities of CWM Wealth Manager are:

1. Responsible for the sales of trust, asset management, ** and other products;

2. Responsible for the development of high-net-worth asset customers, providing customers with professional financial services, and tailor-made investment and financial management solutions;

3. Maintain customer relationships in combination with customer activities planned by the company's customer service department and marketing department, and establish long-term good cooperative relations with customers.