In the financial services industry, workers are analysts, stockbrokers, and sales agents, usually called financial advisers or financial planners. Professionals in this industry work with people to reach their financial goals. They also often develop and maintain a client base, assist private clients in managing wealth, or consult with organizations to help analyze and solve their fiscal problems.
Industry Insights
Focus Areas in Financial Services
Here is a sample list of applied areas in this industry:
Investment Banking is the business of raising capital for individuals, corporations, and governments by underwriting or acting as the client’s agent in the issuance of securities. Investment bankers also advise clients on financing and merger alternatives. When working with clients, an investment banker offers his or her expert advice on pricing securities, files registration documents with government agencies, and communicates periodically with investors.
Commercial banks make loans to the full spectrum of borrowers, from private individuals to major corporations, as well as to municipal, regional, and national agencies. This segment of the industry offers a wide variety of career opportunities, including positions in management, sales, customer service, and technical support.
Wealth management is a high-level professional service that combines financial and investment advice, accounting and tax services, retirement planning, and legal or estate planning. Wealth management professionals may work with stocks, bonds, mutual funds, investment accounts, private equity, or hedge funds.
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