Private Wealth Manager
The Wealth Lounge is a global alternative investment firm seeking a Private Wealth Manager based in Dubai to serve HNW and UHNW clients. The role involves developing tailored investment plans, estate planning, and managing alternative asset portfolios. Candidates must possess significant experience with HNW client networks in Europe, MENA, and the Gulf region. This is a hybrid, commission-based role offering growth pathways toward partner-level responsibilities.
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Experience
Experience not specified
Function
Finance
Work mode
Hybrid, UAE
Company
Tier 2
What you will work on
The Wealth Lounge is a global alternative investment firm seeking a Private Wealth Manager based in Dubai to serve HNW and UHNW clients. The role involves developing tailored investment plans, estate planning, and managing alternative asset portfolios. Candidates must possess significant experience with HNW client networks in Europe, MENA, and the Gulf region. This is a hybrid, commission-based role offering growth pathways toward partner-level responsibilities.
TAL's take
The role is clear and specialized, but relies heavily on a commission-based model with a private firm of moderate size.
Specific expectations regarding HNW client networks and financial products are well defined.
Watchouts
- commission only
- monthly retainer based on performance
Must haves
- Proficiency in Financial Planning and Estate Planning strategies
- Strong background in Investment Management and Finance
- Excellent client relationship management and communication skills
- Existing HNW Client Network out of Europe, MENA and Gulf Region
- Proven Sales experience of USD 200K+ per annum
Tools and skills
Nice to have: certified financial planner, alternative investments knowledge.
About the company
Niche investment firm serving high-net-worth individuals, lacks global tier-1 brand status.
Posts mentioning The Wealth Lounge
360 One Lifts Valuation of India's National Stock Exchange to $29.9B
- 360 One Asset, an investor in India's National Stock Exchange (NSE), has increased its valuation of the stock exchange to $29.9 billion. - This new valuation is significantly higher than the $18 billion to $19 billion price tag from private transactions last year. - The wealth manager disclosed this updated valuation in June, reflecting growing confidence in India's economic prospects and a surge in public listings. - NSE reported a revenue of $1.94 billion for the financial year ending in March, a 28% increase from the previous year. - The increase in valuation highlights India's growing prominence in global financial markets, with NSE being the world's largest derivative exchange. Source: [Techcrunch](https://techcrunch.com/2024/08/23/360-one-lifts-its-valuation-of-indias-national-stock-exchange-to-29-9b/)
With world's highest wealth and income inequalities, is it wonder that we are a struggling nation?
Inequalities in India have been climbing since the 80s and peaked by 2015, stayed flat for few years, but again started to climb post COVID!! This isn't about BJP Congress, Hindu Muslim or anything else. A group of powerful families and the top 1% are hijacking all the resources and productivity gains of our people, more than any other major country of our comparison.
Groww Ventures Into Wealth Management With Brand 'W'
- Investment tech unicorn Groww is set to enter the wealth management segment under a new brand, 'W'. - 'W' will offer portfolio management services (PMS) and alternative investment funds (AIF) to Groww's 15 million affluent users. - The company plans to acquire businesses to strengthen its wealth management offerings. - Groww aims to build an omnichannel presence specifically for high-net-worth individual (HNI) clients. - As it prepares for an IPO, Groww is diversifying its services to cater to affluent clients. Source: [Inc42](https://inc42.com/buzz/groww-looking-to-enter-wealth-management-space-under-a-new-brand/)