Wealth Management Advisor Overview

Required Education and Training To Become a Wealth Management Advisor

Best Schools to become a Wealth Management Advisor in U.S. 2024

The University of Texas at Arlington

Arlington, TX

In-State Tuition:$9,206
Out-of-State Tuition:$26,778
Admission Rate:81%
Graduation Rate:53%
Total Enrollment:43,946

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891

Kansas State University

Manhattan, KS

In-State Tuition:$9,489
Out-of-State Tuition:$25,560
Admission Rate:95%
Graduation Rate:69%
Total Enrollment:19,722

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935

Utah Valley University

Orem, UT

In-State Tuition:$5,614
Out-of-State Tuition:$17,174
Admission Rate:N/A
Graduation Rate:39%
Total Enrollment:43,099
Wealth Management Advisor Job Description:
  • Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

Required Skills and Competencies To Become a Wealth Management Advisor

Job Duties for Wealth Management Advisors

  • Manage investment funds to maximize return on client investments.

  • Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.

  • Select specific investments or investment mixes for purchase by an investment fund.

Technologies and Skills Used by Wealth Management Advisors

Analytical or scientific software

  • SAS
  • Statistical analysis software

Financial analysis software

  • Oracle Hyperion Planning
  • SunGard Financial Systems AddVantage

Presentation software

  • Microsoft PowerPoint

Basic Skills

  • Listening to others, not interrupting, and asking good questions
  • Reading work related information

People and Technology Systems

  • Figuring out how a system should work and how changes in the future will affect it
  • Thinking about the pros and cons of different options and picking the best one

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Current Job Market and Opportunites for a Wealth Management Advisor

Additional Resources To Help You Become a Wealth Management Advisor

FAQs About Becoming a Wealth Management Advisor