Wealth Manager

Job Description:

Wealth managers are financial professionals who provide comprehensive financial services and advice to individuals, families, and high-net-worth individuals or families (HNWIs) to help them manage and grow their wealth

Job Category:
Financial Services

What you will do:

The role of a wealth manager involves a wide range of responsibilities and activities, including:

  • work closely with clients to assess their financial situation, including income, expenses, assets, liabilities, and financial goals
  • create customised financial plans that address various aspects of a client’s financial life
  • develop and implement investment strategies tailored to a client’s risk tolerance, investment objectives, and time horizon
  • selecting and managing a diversified portfolio of assets
  • help clients determine the appropriate asset allocation for their portfolios
  • assess a client’s risk profile and develop strategies to mitigate risks associated with investments, insurance, and other financial aspects
  • provide guidance on tax-efficient investment strategies and help clients minimise their tax liabilities
  • help clients plan for a financially secure retirement


You’ll need:

  • maths knowledge
  • customer service skills
  • the ability to read English
  • to be able to use a computer and the main software packages competently

As well as:

  • to be thorough and pay attention to detail (organisation skills)
  • ambition and a desire to succeed
  • the ability to accept criticism and work well under pressure (adaptability skills)
  • excellent verbal communication skills
  • analytical thinking skills
Illustration of employee looking at workspace

Entry Requirements:

To become a Wealth Manager, you’ll typically need to follow a career path that includes a strong educational foundation in finance or a related field, relevant work experience, and professional certifications. While there are no specific qualifications required for this profession, certain subjects and skills can be beneficial for aspiring Wealth Managers. Here are some subjects that can be valuable:

  1. Mathematics: Strong math skills are essential for understanding financial concepts, performing investment analysis, and managing clients’ wealth effectively.
  2. Business Studies: Business studies can provide you with foundational knowledge of business principles, economics, and financial markets.
  3. Economics: Courses in economics can help you understand economic principles, market dynamics, and investment strategies.
  4. Accounting: Familiarity with accounting principles can be valuable for analyzing financial statements and managing clients’ financial portfolios.
  5. English: Strong written and verbal communication skills are important for effectively communicating with clients, colleagues, and stakeholders.

Post School

Start by earning a bachelor’s degree in a relevant field, such as finance, economics, business, accounting, or a related discipline. This program should provide you with a strong foundation in financial concepts.

Work Experience
Gain relevant work experience in the financial industry. This can include roles in banking, financial advising, investment analysis, or other related positions.

Professional Certifications
Consider obtaining industry-recognised certifications, such as the Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA) designation, to enhance your credentials and expertise.

Build a professional network within the financial industry by attending industry conferences, joining financial associations, and connecting with experienced professionals.

Entry-Level Positions
Start your career in entry-level positions, such as financial analyst, investment advisor, or relationship manager, within financial institutions or wealth management firms.

Working Hours and Environment:

You’ll usually work standard office hours, 38-40 hours a week, Monday to Friday, with possible overtime at busy periods like the end of the tax year.

You’ll be office-based but will also travel to meet clients.

Career Path & Progression:

Experienced professionals may enter private banking roles, where they provide specialized financial services to high-net-worth individuals and families.

Consider specializing in trust and estate planning to help clients with complex inheritance and estate-related issues.

If you work for a financial institution, you may have opportunities to take on business development or management roles within the wealth management division.