Vault Career Guide to Private Wealth Management (Vault Career Library) [4, 1 ed.] 1581314485, 9781581314489

Table of contents :
01_PrivateWealth2006_frontmatter.pdf
02_PrivateWealth2006_intro
03_PrivateWealth2006_Scoop
04_PrivateWealth2006_GettingHired
05_PrivateWealth2006_OnTheJob
06_PrivateWealth_2006_EmpProfile
07_PrivateWealth_2006_Appendix

Citation preview

The media’s watching Vault! Here’s a sampling of our coverage. “For those hoping to climb the ladder of success, [Vault’s] insights are priceless.” – Money magazine “The best place on the Web to prepare for a job search.” – Fortune

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

“[Vault guides] make for excellent starting points for job hunters and should be purchased by academic libraries for their career sections [and] university career centers.” – Library Journal “The granddaddy of worker sites.” – US News and World Report “A killer app.” – The New York Times One of Forbes’ 33 “Favorite Sites” – Forbes “To get the unvarnished scoop, check out Vault.” – Smart Money Magazine “Vault has a wealth of information about major employers and jobsearching strategies as well as comments from workers about their experiences at specific companies.” – The Washington Post “A key reference for those who want to know what it takes to get hired by a law firm and what to expect once they get there.” – New York Law Journal “Vault [provides] the skinny on working conditions at all kinds of companies from current and former employees.” – USA Today

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

VAULT CAREER GUIDE TO

PRIVATE WEALTH MANAGEMENT

2007 Edition

© 2007 Vault.com, Inc.

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

VAULT CAREER GUIDE TO

PRIVATE WEALTH MANAGEMENT

2007 Edition MIKE MARTINEZ and the staff of vault

© 2007 Vault.com, Inc.

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

Copyright © 2006 by Vault Inc. All rights reserved. All information in this book is subject to change without notice. Vault makes no claims as to the accuracy and reliability of the information contained within and disclaims all warranties. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without the express written permission of Vault Inc. Vault, the Vault logo, and “the most trusted name in career informationTM” are trademarks of Vault Inc. For information about permission to reproduce selections from this book, contact Vault Inc., 150 West 22nd St, New York, New York 10011, (212) 366-4212. Library of Congress CIP Data is available. ISBN 1-58131-448-5 Printed in the United States of America

ACKNOWLEDGMENTS

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

We are extremely grateful to Vault’s entire staff for all their help in the editorial, production and marketing processes. Vault also would like to acknowledge the support of our investors, clients, employees, family and friends. Thank you!

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

Your exceptional talent drives our success. It starts with you.

Our employees are what make UBS a global financial powerhouse. Their ideas, skills and commitment to excellence are the bedrock of our success. So at UBS, we offer you a world of opportunities to enable you to achieve. Every one of our offices around the globe is built on the respect and support you need to meet your potential and help you to excel. To keep you inspired we provide the best training available. From day one, we value your skills and ambition. It starts with you: www.ubs.com/graduates UBS is an equal opportunity employer committed to diversity in its workplace. (M/F/D/V)

© UBS 2006. All rights reserved.

Table of Contents INTRODUCTION

1

THE SCOOP

3

Chapter 1: The Basic Functions of Wealth Management Companies

5

The Basic Functions of Wealth Management Companies . . . . . . .5

Customized for: Josh Devine ([email protected]) Wesleyan University Online Career Library

Financial Advisor Categories . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 The History of Private Wealth Management . . . . . . . . . . . . . . . .10 Chapter 2: Private Wealth Management Employers and Clients

15

The Players Today . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Wealth Management Clients . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 Chapter 3: Investment Products

23

Equity Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23 Fixed Income Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25 Products Requiring Accreditation . . . . . . . . . . . . . . . . . . . . . . . .28 Chapter 4: Positions and Job Responsibilities

31

Positions at Private Wealth Management Firms . . . . . . . . . . . . . .31 Job Responsibilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35

Visit the Vault Finance Career Channel at http://finance.vault.com — with insider firm profiles, message boards, the Vault Finance Job Board and more.

CAREER LIBRARY

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