AVP/DVP/VP - Wealth Manager - Private Bank

Wealth Manager - Private Bank -AVP/DVP/VP Grade

Wealth Management is a life-long process. It is a process that aims to provide techniques and plans that allows an individual or an company to attain all the possible goals in a systematic pragmatic manner. The professional who advises individuals and families in undertaking this process is the "Wealth Manager". It must be appreciated here that wealth management is not a target or destination, nor is it one or more products rather it is a process or we may say a way of thinking and acting on a person financial matters to fulfill his financial goals which in turn facilitate the attainment of one's life goals. The process of Wealth Management can actually start before the birth of an individual and can carry on even after his or her demise.

- Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.

- Answer clients' questions about the purposes and details of financial plans and strategies.

Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.

- Implement financial planning recommendations or refer clients to someone who can assist them with plan implementation.

- Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.

- Manage client portfolios, keeping client plans up-to-date.

- Contact clients periodically to determine any changes in their financial status.

- Prepare or interpret for clients information such as investment performance reports, financial document summaries, or income projections.

- Recruit and maintain client bases.

- Explain to clients the personal financial advisor's responsibilities and the types of services to be provided.

- Investigate available investment opportunities to determine compatibility with client financial plans.

- Guide clients in the gathering of information, such as bank account records, income tax returns, life and disability insurance records, pension plans, or wills.