Private Wealth Managers allocate the funds of high net worth individuals to meet predetermined investment objectives and must employ in-depth understanding of financial markets and investment products to construct investment strategies that meet clients expectations. High net worth individuals will generally have investment objectives, risk appetites and investment horizons which are significantly different from institutional clients of the firm and which may vary vastly from client to client.
In addition to an in-depth understanding of the financial markets and asset allocation, managing client relationships is of utmost importance for private wealth managers. Interns in private wealth management must blend these skills in order to become experts in the markets and products therein in order to gain the trust of their clients. Clients of private wealth management are generally less sophisticated than institutional clients, but are more captive and more focused on the relationship itself.
Programme requirements
- On track for a 2.1 or above
- Minimum 'BBB' at A level (or equivalent in UCAS points)
- No specific degree subject is required
- Broad knowledge of the finance industry, especially investment management, is required
- Excellent quantitative and analytical skills
- Excellent communication skills
- Engaging and eloquent communication style
