Role Description An account manager (AM) role is to support the RM in maintaining and building the RM wealth management Business.
1)Financial Planning , Portfolio Strategy and Reporting
Assisting the RM in making of financial plans for clients keeping in mind
Reporting the performance of the portfolio on regular intervals and highlight the asset allocation and IRR.
Change in the house view on various asset classes
3) Support the RM in business development –
Help acquire a database of prospective clients
Maintain the database of referrals
Filling up and executing MF transactions of clients, including non-financial transactions (like change of bank mandate)
Opening broking / DP account
Career Progression for AM
It's also imperative that the advisor has sufficient experience and maturity to be able to create the confidence in clients that he / she has the competence to become his wealth manager.
Based on past experience, the AMs will need about 3 years of work experience before becoming RMs.
CA certification is mandatory
Minimum of 0-1 years experience in wealth management or related field
Excellent communication, interpersonal, and client relationship management skills