A Report Based On The Financial Industry Interview

The role of the wealth manager is not to simply sell a financial product to a prospect. Instead, a wealth manager’s first concern is developing a comprehensive understanding of the client, a client-centric approach to providing financial solutions. Next the wealth manager must match the right solutions to the client’s needs and desires and ensure he or she receives an exceptional service experience. After that, product and service sales opportunities will naturally follow. Making the transition is clearly a trade-off between short-term results and long-term success. Financial security through goals-based wealth management. As a wealth manager with Merrill Lynch,

CitedBrigham, Eugene F. , and Phillip R. Daves. Intermediate Financial Management. 8th ed. Mason: Thomson South-Western, 2004.

The background, mission, financial reporting standards, service targets, unique standing of the organization is discussed below. The financial statements and audited

List and describe the three career opportunities in the field of finance. Finance has three main career paths: financial management, financial markets and institutions, and investments. Financial management involves managing the finances of a business. Financial managers—people who manage a business firm's finances—perform a number of tasks. They analyze and forecast a firm's finances; assess risk, evaluate investment opportunities, decide when and where to find money sources and how much money to raise, and decide how much money to return to the firm's investors. Bankers, stockbrokers, and others who work in financial markets and institutions focus on the flow of money through financial institutions and the markets in which financial assets are exchanged. They track the impact of interest rates on the flow of that money. People who work in the field of investments locate, select, and manage income-producing assets. For instance, security analysts and mutual fund managers both operate in the investment field.

* The report to be written such that it can be understood by a person with limited understanding of financial analytical tools. Furthermore, the report is to be no more than 600 words and it should include sections: Summary, Methodology, Recommendations and Limitations.

VII. Implement financial planning recommendations, or refer clients to someone who can assist them with plan implementation.

Goals in the company are to find the right product for the customer’s particular needs and build a relationship with the customers

After reading provided documents my goal is to determine your financial strengths and weaknesses and suggest different

Today I will creating a memo that guides my client Casey Blount. As her financial advisor I will get her through this rough patch of her life. Ms.Blount s a native of Knoxville, Tennessee, graduated last June from North Carolina State University with a major in Communications and a minor in business. Soon she will begin her first job as a junior account executive at an advertising firm called Profound Advertising, in downtown Raleigh on January 2, 2017. Even though she minored in business, she needs my help in advising her financial life. In my memo to her I will need to guide her through student loans; housing; transportation; credit card usage and credit score; retirement plans; and basic budgeting issues. Ms.Blount is working with a tight

Financial advising is one of the many occupations one can purse with a business finance degree. Even though financial advisors are not well-known, they do multiple things to help the global economy. A financial advisors job tends to focus on helping individuals with 401k’s, retirement plans, and other saving plans that require budgeting. Even though this job is limited to helping with these few plans, this job is very difficult and requires tedious amounts of work. The level of difficulty is the reasoning behind many not consider a job in this field. In the article, Financial Advisors, Financial Ecologies and The Variegated Financialization of Everyday Investors, it talks about how financial advisors are people oriented. This is a positive thing, because it shows the individuals who are being advised are cared for. The employment rate for this job was at a standstill for a short amount of time due to the type of work financial advisors are required to do. However, in recent years, more and more individuals are

In this paper the members of group A will look at McBride Financial Services project to expand its operations and three financial

This may sound shocking; I would take the advice of Bernard Madoff as given in the interview with Marketwatch. I genuinely believe the advice he gives in this interview is sincere. After seeing the aftermath of what his actions have caused, I believe he wants others to be aware of what can go wrong. The advice he offers is logical and not complicated. Prior to looking into investments, I would first educate myself on common investment practices and terminology. I wouldn’t dare invest in something that I am unable to understand. I will investigate which advising firms are currently at the top and at the bottom of the industry, in addition to which firms have recently been in court and in the news. I would ask as many questions as possible to

Ehrhardt, M.C. & Brigham, E.F. (2011). Financial Management: Theory and Practice, Ed 13. Ohio: South-Western Cengage Learning.

Therefore, a ‘safe harbour’ is designed to satisfy with the act in the best interests of the client. An advice provider requires to analyse reasonably more enough the financial and other available information of clients to get a fully correct advice. If there is not enough information or no any suitable product, the advice provider should decline to provide any advice to them. If do, providers require to examine the financial product that is recommended and check the consequence.

• What do you think of Ben Bernacke and how is he likely to differ from Greenspan?