Tuesday, March 24, 2009
Wealth Managers Still in Demand
The statistics on job losses in the securities industry look grim.
Last year, the headcount in the securities sector fell by 3.3% or 29,000 positions with more expected cuts this year. But for wealth managers, the picture isn’t quite that bleak, insists John Benson, the founder and chief executive officer of eFinancialCareers.com...
Benson’s web site, eFinancialCareers.com, has seen a 116% year-over-year increase of jobs posted in the United States for private banking/wealth management positions. That compares with a 54% decline in posted jobs in the debt/fixed income subset. Benson’s web site, founded in 2000, has offices in the U.S., London, Singapore and Sydney, and posts 6,000 jobs mainly from financial services firms in 18 different markets. He points out there is “considerable demand for those with a book-of-business that they can hang onto...”
Bank Investment Consultant: Wealth Managers Still in Demand
Last year, the headcount in the securities sector fell by 3.3% or 29,000 positions with more expected cuts this year. But for wealth managers, the picture isn’t quite that bleak, insists John Benson, the founder and chief executive officer of eFinancialCareers.com...
Benson’s web site, eFinancialCareers.com, has seen a 116% year-over-year increase of jobs posted in the United States for private banking/wealth management positions. That compares with a 54% decline in posted jobs in the debt/fixed income subset. Benson’s web site, founded in 2000, has offices in the U.S., London, Singapore and Sydney, and posts 6,000 jobs mainly from financial services firms in 18 different markets. He points out there is “considerable demand for those with a book-of-business that they can hang onto...”
Bank Investment Consultant: Wealth Managers Still in Demand
Permalink posted by markw @ 5:52 AM 
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