Wealth managers should win clients’ trust, ensure continuity
News from Economic Times:
Navin Suri

Many research reports have been pointing out how rapidly Indians are adding wealth. This has led to a desperate scramble amongst banks and wealth management firms (mushrooming every minute now) to hire wealth managers. They see a rightful opportunity to ride the wave. Regrettably though, the supply of effective wealth manager talent is virtually non-existent in India. So what are hirers doing? Picking fresh graduates/post-graduates from college campuses, hoping to train and retain them.

The training period ranges from a week to four weeks and primarily aims to teach ‘apprentice’ wealth managers enough to help them obtain the basic licences and certifications required to talk about mutual funds and insurance to clients.

Maybe, a few go a bit further, training t…………… continues on Economic Times
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