Private wealth management, also called private banking, is a specialized branch of the investment community that provides one-stop shopping for products and services needed by the wealthy—typically defined as those who have liquid assets of more than over $1 million. Private wealth management is a potentially very lucrative career—top performers can make more than $3 million annually.
This Vault guide takes you inside the industry to help you land the job you want. It covers the basics of equity and fixed income products to market and regulatory trends, and dissects career paths and job responsibilities at both large and small firms. The guide also provides profiles of hiring for more than 30 top firms.