Friday, August 2, 2019

How much can I make in a Career in Wealth Management?

There are many nuances of a Career in Wealth Management. For me understanding Why I want to choose a Career in Wealth Management is phenomenally more important than figuring out How to get into Wealth Management. In my quest to learn more about a Career in Wealth Management, I found this amazing page: https://www.lifepage.in/career/20190423-0001/Commerce/Finance/Career-in-Wealth-Management/english 

Achin Jain's overview!

Achin Jain has 16 years of professional experience in Wealth Management. Achin Jain has worked in Wealth Management as Co-founder in Client Alley. In Achin Jain's own words, this is how Achin Jain got into Wealth Management: "I did BE Honours from College of Engineering Roorkee and MBA from Pune University. After my education, I started working with various banks and in 2014, I started my own Wealth Management Company with my friend in the name of Client Alley." I searched Achin Jain on Google and found this profile: https://www.lifepage.in/page/achinjain 

Career Video on Wealth Management

In a video, Achin Jain has talked about various aspects of a Career in Wealth Management. Achin Jain started by explaining Wealth Management as: "Wealth management is a consultative process whereby the advisor gleans information about the client's wants and tailors a bespoke strategy utilizing appropriate financial products and services." It was an amazing video with great information.


I found the video unique because it talked about Education in terms of things which can be learnt from books, to excel at a Career in Wealth Management and not as a list of Qualifications, which one needs to get into Wealth Management. Achin Jain touches upon these in the Education section of the Video:
  • MS Office
  • Financial Management
  • Economics
  • Finance

Achin Jain then explains why these Skills are essential for a Career in Wealth Management:
  • Project Management
  • Problem Solving Skills
  • Business Analytics
  • Selling & Marketing Skills
  • Communication Skills
  • Analytical Skills

Achin Jain believes that the following are some of the Positives of a Career in Wealth Management:
  • Meeting New People
  • Monetary Potential
  • Growth Opportunities

And, Achin Jain believes that one needs to prepare for following Challenges of a Career in Wealth Management:
  • Technology Advancement
  • Intense Competition

In the final section of the video Achin Jain talks about How a day goes in a Career in Wealth Management. This video is by far the best video on a Career in Wealth Management, that I have ever come across. To see the full Talk, one needs to install the LifePage Career Talks App. Here is a direct deep link of the Video: https://lifepage.app.link/20190423-0001 

Similar Career Talks on LifePage

I continued with my research on LifePage and thoroughly studied these links to gain more perspective:
  1. https://www.lifepage.in/career/20161112-0001/Commerce/Finance/Career-in-Financial-Management/english

  2. https://www.lifepage.in/career/20180228-0006/Commerce/Finance/Career-in-Financial-Trading/english

  3. https://www.lifepage.in/career/20170704-0001/Commerce/Finance/Career-in-Internal-Audit/english

  4. https://www.lifepage.in/career/20180606-0002/Commerce/Finance/Career-in-Stock-Broking/english

  5. https://www.lifepage.in/career/20170617-0007/Commerce/Finance/Career-in-Asset-Sales/hindi

  6. https://www.lifepage.in/career/20180228-0007/Commerce/Finance/Career-in-Financial-Management/english

  7. https://www.lifepage.in/career/20161222-0001/Commerce/Finance/Career-in-Equity-Research/english

  8. https://www.lifepage.in/career/20171130-0006/Commerce/Finance/Career-in-Financial-Marketing/english

  9. https://www.lifepage.in/career/20180818-0001/Commerce/Finance/Career-in-Internal-Audit/english

  10. https://www.lifepage.in/career/20180122-0002/Commerce/Finance/Career-in-Treasury-Management/english

  11. https://www.lifepage.in/career/20181013-0002/Commerce/Finance/Career-in-Value-Investing/english

  12. https://www.lifepage.in/career/20190528-0002/Commerce/Finance/Career-in-Financial-Planning/english

Career Counseling 2.0

Having gained so much from a professional perspective on a Career in Wealth Management, I wanted to learn about other Careers on LifePage. Every Career Platform in the world talks about How to get into a Career and LifePage starts first with Why you should choose a particular Career. It is an incredible platform focussed on the right topic. Do have a look at: https://www.lifepage.in 

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