Don't Miss Out on the Perfect Director Wealth Management job
Receive timely job alerts curated specifically for you, ensuring you never miss an opportunity to excel in your field.
No, I'm not interested
bell icon

Salary and Benefits

Director Wealth Management
$88K-$107K / yr. (est.)
$88K
$97,909 / year
$108K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Director Wealth Management

What does a Director Wealth Management do?

As Directors of Wealth Management, we deliver wealth management services to the clients. It is our job to assist clients in defining goals and objectives, setting asset allocation policy, and selecting investment portfolios. We also perform client service activities. Integrating wealth management marketing into the firm’s existing campaigns is our job. We educate and train the firm’s staff about wealth management. We develop goals for market penetration, assets under management, and client retention. We review and analyze documents including estate plans, partnership, and shareholder agreements. Designing and implementing wealth planning strategies is a part of our job. We provide technical guidance to support the planning process.

Core tasks:

  • lead meetings, generate planning materials to circulate to clients
  • conduct firm-wide training
  • act as the point person for all advisor and team requests
  • work with senior stakeholders in the clients' business
  • advise clients performance improvement opportunities
  • develop solutions to address mission-critical problems

Insights

How Many Years of Experience Do Professionals Need Before Becoming Director Wealth Management?
On average, people work 7+ years in other positions prior to becoming a Director Wealth Management.
avatar-of-creator
Real Estate AgentDallas, TX - A year ago
Man, that's gonna take forever! 😩 Why does it feel like you have to climb a never-ending ladder in this industry?
avatar-of-creator
Financial PlannerSan Francisco, CA - A year ago
Considering all the hard work and education required for this career, 7+ years doesn't seem so bad. It's a journey worth taking. 😌
How Long Do Director Wealth Management Employees Typically Stay in Their Roles?
On average, Director Wealth Managements works in this position for 5+ years across multiple employers.
avatar-of-creator
Financial PlannerHouston, TX - A year ago
🤔 Being a Financial Planner myself, I wonder if this infographic accounts for changing job responsibilities and new industry demands that drive professionals like us to explore opportunities in different institutions.
avatar-of-creator
Wealth ManagerBoston, MA - A year ago
Hold up! I've spent my entire career building long-term relationships with clients, ensuring their investments flourish. The average years of employment seem lower than this for most Wealth Managers I know. 🤷
What Is the Job Hopper Score for Director Wealth Management Employees?
Moderate job changes in Director Wealth Management, showing some career movement without excessive turnover.
avatar-of-creator
Private BankerHouston, TX - A year ago
Hot job candidates with moderate movement attract better opportunities and can bring fresh perspectives to any firm. 🌟
avatar-of-creator
Wealth Management AssociateMiami, FL - A year ago
😠 I find it offensive when people underestimate the value of career stability. How can achievement be measured if you're always moving around?!

Career path

Path to job

Discover a Director Wealth Management's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Director Wealth Management typically studied at.
Boston College
College for Financial Planning

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Director Wealth Management Employees?
Gender ratio in Director Wealth Management position: 0.801882352941176 Male and 0.198117647058824 Female. Age ratio in Director Wealth Management position: 16-20: 1%, 21-30: 24%, 31-40: 36%, 41-50: 27%, 51-60: 11%, 60+: 1%. Director Wealth Management position is predominantly male (80.2%) with the largest age group being 31-40 years old, followed by 41-50 years old.
avatar-of-creator
Director Wealth ManagementSan Francisco, CA - A year ago
Let's not ignore the fact that this field lacks diversity. We need more representation from different backgrounds! 🌈
avatar-of-creator
Director Wealth ManagementBoston, MA - A year ago
I work so hard and yet my chances of becoming a Director in Wealth Management seem slim. It's frustrating. 😡

Workplaces

Who Are the Top Employers for Director Wealth Management?
Top employers of Director Wealth Management position: Merrill Lynch, Morgan Stanley, Northwestern Mutual. People who work in Director Wealth Management position most typically go on to work for the Merrill Lynch.
avatar-of-creator
Director Wealth ManagementBoston, MA - A year ago
As a Director Wealth Management, Merrill Lynch offers excellent training and support, leading the industry in expertise.
avatar-of-creator
Director Wealth ManagementPhiladelphia, PA - A year ago
Merrill Lynch may have the perception of being at the top, but JP Morgan has a better client base and more prestigious reputation.
Merrill Lynch
Morgan Stanley
Northwestern Mutual
What Industries Does Director Wealth Management Typically Have Experience In?
Industry Background: The most typical industries of Director Wealth Management: Finance & Insurance, Professional / Scientific / Technical, Administrative & Support, Information Technology, Religious / Grantmaking / Civic. Director Wealth Management employees most likely come from a Finance & Insurance industry background.
avatar-of-creator
Director Wealth ManagementNew York City, NY - A year ago
Ugh, why do you guys always make it sound so glamorous? The reality is it's a stressful job dealing with demanding clients and market volatility. Not everyone can handle it, tbh. 😫
avatar-of-creator
Director Wealth ManagementMiami, FL - A year ago
Whateva, the ups and downs of the job are exciting! You get to navigate the markets and make moves that impact wealth creation. It's a dynamic field that keeps you on your toes all the time. 📊

Find your job as Director Wealth Management

Discussion about Director Wealth Management

Want to know more about Director Wealth Management position?
Share your thoughts and ideas about Director Wealth Management position with others in our community.
discussion icon
Do a lot of women work as a Director Wealth Management?
avatar-of-creator
Sophie Hayes4 years ago
20% are women in this profession only.
What is the typical age to work as a Director Wealth Management?
avatar-of-creator
Benjamin Gardner4 years ago
The typical age is 38.
Is a Director Wealth Management considered to be a senior profession?
avatar-of-creator
Liam Brown4 years ago
You need 7 years of experience to work as a Director Wealth Management.
Which industries have a lot of people working in Director Wealth Management roles?
avatar-of-creator
Benjamin Gardner4 years ago
For a Director Wealth Management it’s the most likely to work in the Finance & Insurance.
Speaking of higher education, do I need a degree as a Director Wealth Management?
avatar-of-creator
Liam Brown4 years ago
A Bachelor of Arts degree could not hurt if you want to be a Director Wealth Management
Which company is likely to have openings for Director Wealth Management positions?
avatar-of-creator
Isabella Holmes4 years ago
Merrill Lynch, Morgan Stanley, Northwestern Mutual, Steward Partners Global Advisory and UBS employs the most people in the Director Wealth Management role.
How many years do people work as a Director Wealth Management before changing their role?
avatar-of-creator
Isabella Holmes4 years ago
You should work for more than 5 years before considering changing to another role.
Is it common for people to switch companies and still work as a Director Wealth Management?
avatar-of-creator
Benjamin Gardner4 years ago
A typical Director Wealth Management might work for one or two companies.
What work history do people usually have before becoming a Director Wealth Management?
avatar-of-creator
Isabella Holmes4 years ago
A Director Wealth Management probably worked as Vice President, Financial Advisor or Managing Director before
What can be the next step in your career path from Director Wealth Management?
avatar-of-creator
Isabella Holmes4 years ago
Vice President or Managing Director are good next steps for a Director Wealth Management
Don't Miss Out on the Perfect Director Wealth Management job
Receive timely job alerts curated specifically for you, ensuring you never miss an opportunity to excel in your field.
No, I'm not interested
bell icon

Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.