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Wealth Management Managing Directors

Outlook

Employment for top executives is expected to grow by 6 percent from 2014 to 2024, according to the U.S. Department of Labor (DOL). The DOL reports that “top executives are expected to face very strong competition for jobs. The high pay and prestige associated with these positions attract many qualified applicants.” Since most wealth management firms have one or only a handful of managing directors, it is extremely difficult to ascend to this top position. Wealth management professionals with extensive managerial experience, an excellent track record of generating strong investment returns for clients, and who keep the new investor pipeline flowing will have the best job prospects.

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