1 / 5

Michigan Business School Finance Club

Michigan Business School Finance Club. Private Wealth Management. Private Client Services. a.k.a. Private Wealth Management, Financial Planning, Individual Advisory Services, Private Banking Titles: Financial Advisor, Investment Representative, Banker, Wealth Advisor

daniel_millan
Download Presentation

Michigan Business School Finance Club

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Michigan Business SchoolFinance Club Private Wealth Management

  2. Private Client Services • a.k.a. Private Wealth Management, Financial Planning, Individual Advisory Services, Private Banking • Titles: Financial Advisor, Investment Representative, Banker, Wealth Advisor • Develop and manage relationships with individual investors • Market the investment services of the firm • Advise clients on investment opportunities • Analyze client portfolios Michigan Business School Finance Club

  3. Things to consider • Nationally known firms, regional firms, boutiques • Highly competitive market • Highly fragmented market (2-3%) • Typical two year grace period to grow your Book • Your own rolodex? Michigan Business School Finance Club

  4. Trends in the business • Absolute returns versus relative returns • Best in class asset management • ‘360’ degree client coverage • Team based approach • More knowledgeable clients • Technology • Commission to fee based revenue • Wrap programs • Intermediaries can make it challenging Michigan Business School Finance Club

  5. Opportunity • Entrepreneurial: run your own business • Choose your client base-wealth level • Heterogeneous clients • Mix of skills—quantitative and qualitative • Sales oriented • Key differentiator is YOU • Hard work but quite rewarding Michigan Business School Finance Club

More Related