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Salary and Benefits

Wealth Management Associate
$54K-$66K / yr. (est.)
$54K
$60,037 / year
$66K
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 Wealth Management Associate

What does a Wealth Management Associate do?

As Wealth Management Associates, we are responsible for identifying new technical opportunities by analyzing different firm channels. We build strong relationships with the new customers and constantly strive to strengthen the relationships with existing customers by building their trust continuously through the company's services. We have the ability to review the overall quarterly and annual business performance. Working as Wealth Management Associates, we have the ability to organize and promote several seminars for communicating and getting in touch with new clients and prospects. We collaborate with the individual investors in these meetings to understand their perspectives and business objectives.

Core tasks:

  • interacting with customers
  • networking with the seniors of the company
  • working collaboratively with financial advisors
  • building strong relationships with customers
  • providing continuous support for products and company services

Insights

How Many Years of Experience Do Professionals Need Before Becoming Wealth Management Associate?
On average, people work 5-7 years in other positions prior to becoming a Wealth Management Associate.
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Wealth Management AssociateHouston, TX - A year ago
y'all need to stop being so impatient! Rome wasn't built in a day. 🙄 acquiring experience and expertise takes time, so it's worth it in the end.
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Wealth Management AssociateMiami, FL - A year ago
it might seem long, but I think it shows dedication and commitment to the profession. Plus, it allows time to learn and develop essential skills. 💪
How Long Do Wealth Management Associate Employees Typically Stay in Their Roles?
On average, Wealth Management Associates works in this position for 3-5 years across multiple employers.
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Private BankerSan Francisco, CA - A year ago
🎓 It's disappointing to see the lack of dedication in this field, as a good Wealth Management Associate is built through experience. We can't afford amateurs making mistakes with our clients.
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Financial AnalystHouston, TX - A year ago
No surprise there. Wealth Management Associates need time to find the perfect fit, just like Financial Analysts. It's about finding the right match to grow.
What Is the Job Hopper Score for Wealth Management Associate Employees?
Moderate job changes in Wealth Management Associate, showing some career movement without excessive turnover.
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Investment ConsultantMiami, FL - A year ago
😲 I find it exciting to witness individuals taking charge of their careers and embracing new challenges. It shows ambition and a drive for continuous learning.
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Financial AdvisorLos Angeles, CA - A year ago
As a trusted advisor, stability and consistency are vital. These frequent job changes create doubt and raise questions about one's commitment to clients.

Career path

Path to job

Discover a Wealth Management Associate's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Wealth Management Associate typically studied at.
Boston College
DePaul University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Wealth Management Associate Employees?
Gender ratio in Wealth Management Associate position: 0.597219003476246 Male and 0.402780996523754 Female. Age ratio in Wealth Management Associate position: 16-20: 6%, 21-30: 78%, 31-40: 11%, 41-50: 4%, 51-60: 1%, 60+: 0%. Wealth Management Associate position is predominantly male (59.7%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Wealth Management AssociatePhiladelphia, PA - A year ago
Gender imbalance? Age group disparity? Let's focus on skills and qualifications, not arbitrary attributes, shall we? 👊
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Wealth Management AssociateMiami, FL - A year ago
Can we just appreciate the fact that we didn't resort to emojis as arguments? Oh wait, we already are! 🙄

Workplaces

Who Are the Top Employers for Wealth Management Associate?
Top employers of Wealth Management Associate position: BNY Mellon Wealth Management, Merrill Lynch, Morgan Stanley. People who work in Wealth Management Associate position most typically go on to work for the BNY Mellon Wealth Management.
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Wealth Management AssociateHouston, TX - A year ago
BNY Mellon, Merrill Lynch, and Morgan Stanley are all great companies to work for, but BNY Mellon is my top choice due to their reputation and client base.
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Wealth Management AssociateSeattle, WA - A year ago
I can't believe people actually choose to work at Merrill Lynch over BNY Mellon. They must have no idea what they're doing.
BNY Mellon Wealth Management
Merrill Lynch
Morgan Stanley
What Industries Does Wealth Management Associate Typically Have Experience In?
Industry Background: The most typical industries of Wealth Management Associate: Finance & Insurance, Professional / Scientific / Technical, Real Estate / Rental / Leasing, Administrative & Support, Construction. Wealth Management Associate employees most likely come from a Finance & Insurance industry background.
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Wealth Management AssociateMiami, FL - A year ago
💼 Miami may be known for its stunning beaches, but as a Wealth Management Associate, I thrive in the fast-paced financial industry of this international hub!
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Wealth Management AssociateHouston, TX - A year ago
Being a Wealth Management Associate in Houston means serving a community of energy industry professionals and ensuring their financial well-being. Let's grow some wealth!

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Discussion about Wealth Management Associate

Want to know more about Wealth Management Associate position?
Share your thoughts and ideas about Wealth Management Associate position with others in our community.
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How is the gender diversity among people working as a Wealth Management Associate?
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Liam Brown3 years ago
40% are women in this profession.
What is the typical age of people who work as a Wealth Management Associate?
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Isabella Holmes3 years ago
The typical age is 27 for a Wealth Management Associate.
How much experience is typically required to work as a Wealth Management Associate?
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Benjamin Gardner3 years ago
On average, people have 6 years of experience when they start working as a Wealth Management Associate
What industries does a Wealth Management Associate typically work in?
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Benjamin Gardner3 years ago
Finance & Insurance is the most probable for a Wealth Management Associate to work in.
What kind of degree is needed to work as a Wealth Management Associate?
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Isabella Holmes3 years ago
You should be fine with a Bachelor of Science degree
Which company are you working for as a Wealth Management Associate?
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Benjamin Gardner3 years ago
Most people work for BNY Mellon Wealth Management, Merrill Lynch, Morgan Stanley, UBS and U.S. Bank
How many years do people spend as a Wealth Management Associate in their career path?
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Sophie Hayes3 years ago
On average people change after 4 years.
Is it frequent for people to switch companies and still work as a Wealth Management Associate?
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Sophie Hayes3 years ago
A typical Wealth Management Associate might work for one or two companies.
What occupations do people usually work in before becoming a Wealth Management Associate?
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Sophie Hayes3 years ago
Financial Advisor, Registered Client Service Associate or Analyst are the typical prior positions for a Wealth Management Associate
What are the typical next steps for someone working as a Wealth Management Associate?
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Liam Brown3 years ago
Consider the following: Financial Advisor, Vice President or Wealth Advisor
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Disclaimer

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