Question
Job Descriptions for Financial Advisors and Private Bankers
Every
position in an organization is accountable for certain activities and
results. As with anything else, some of those responsibilities are
more critical than others. Research the key responsibilities that
each of the two roles you submitted perform.
This
can be completed by searching job sites or companies (minimum of 3) that have
similar titles posted.
This assignment requires that you submit a document with the following information:
1.For each of the two positions you submitted in Week 1, What do you see in common across those descriptions? Are there any responsibilities you are surprised to see?
2.Consolidate what you have found into 5 bullets that are clear and concise that describe what each of the two roles are accountable for completing.
3. Provide reference information on the websites that you used to pull this information.
Expert Solution
Financial advisory departments
in institutions are recent developments to improve cash flow and provide
financial advice to the management and clients. Some states in the U.S. have
very rewarding salaries for financial advisors, depending on the nature of
employment, longevity to serve, and the skills offered. Additionally, the
demand for financial advisors is predicted to grow every year, as various
companies need people with an understanding of economic markets to give advice
that influences institutional decisions. On the other hand, private bankers
work in financial institutions with high profile or high net-worth clients.
They provide financial advice and manage the finances of these clients. Both
jobs advise clients on the decisions to make concerning their finances. Financial
advisors and private bankers have essential roles within the organizations they
work with that enable these institutions to attract more clients, make high
profits and maintain economic markets’ relevance.
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