Employment for personal financial advisors (a career category that includes wealth management associates) is expected to grow by 17 percent through 2033, according to the U.S. Department of Labor, much faster than the average for all careers. Those with certification and advanced degrees will have the best job prospects.
IBISWorld predicts strong growth for the private banking industry between 2025 and 2030 as the global economy recovers from difficulties at the start of the decade. As noted in its report, "Even amid volatility in capital markets due to the pandemic ..., market accumulation [has] spurred growth."Opportunities should continue to be good for wealth management associates because of the increasing number of wealthy people in the U.S. who need WM services.
- Accountants
- Auditors
- Chief Information Officers
- Commodities Brokers
- Financial Consultants
- Financial Institution Officers and Managers
- Financial Quantitative Analysts
- Financial Services Brokers
- Hedge Fund Investor Relations Specialists
- Hedge Fund Relationship Managers
- Investment Bankers
- Investment Banking Analysts
- Investment Banking Associates
- Investment Banking Sales Brokers
- Investment Banking Traders
- Investment Fund Managers
- Investment Professionals
- Mutual Fund Wholesalers
- Tax Managers
- Wealth Management Accountants
- Wealth Management Analysts
- Wealth Management Compliance Professionals
- Wealth Management Investor Relations Specialists
- Wealth Management Lawyers
- Wealth Management Managing Directors
- Wealth Management Risk Managers
- Wealth Management Vice Presidents
