Trainee Wealth Manager
Trainee Wealth Manager
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Job Description
About the Role
This is a challenging and highly demanding position that requires exceptional resilience and a strong work ethic. The Trainee Wealth Manager role begins with learning how to generate activity and create inbound and outbound leads within the specific areas of financial planning Hoxton specializes in. It is not for the fainthearted and requires unwavering commitment.
Candidates must be prepared for a phonebased role for a minimum of the first two years making at least 100 calls daily and securing at least one booking per day as a nonnegotiable minimum standard.
Throughout the role you will be exposed to various facets of the wealth management industry including investment management paraplanning client servicing and technical advice. There are performancebased monthly incentives for those who consistently deliver results.
This role begins as a trainee position with a 2436 month training program including obtaining UK financial qualifications to prepare you for a financial advisory role in one of our global offices. Additional qualifications may be required depending on your chosen region. The program starts with six months of structured training in our UK office followed by relocation to our Dubai office where you will receive further mentorship and handson experience.
Key Skills and Attributes
To excel in this demanding role you will need:
- Resilience and Grit: The ability to push through tough challenges including rejection and maintain unwavering determination.
- Confidence and Competitiveness: A competitive spirit often demonstrated through highlevel sports or other pursuits paired with selfassurance.
- Willingness to Learn: A hunger for knowledge and growth supported by examples of past learning and selfimprovement.
- Hardworking Nature: A proven track record of dedication and the ability to thrive in a highpressure environment.
- Effective Communication: A clear professional and articulate telephone manner.
- Intelligence and Education: A minimum of sixthform or college education to support financial comprehension.
- Discipline and Organization: A structured approach to daily tasks and routines with the ability to stick to demanding schedules.
- Entrepreneurial Drive: Initiative and a proactive mindset to tackle challenges and identify opportunities.
- Simplicity in Communication: The ability to convey complex concepts in a straightforward concise manner.
- Professional Appearance: A clean polished and professional demeanor.
- Persistence and Assertiveness: A fearless forward approach to achieving goals.
Salary and Progression
This is a structured threeyear program with clear milestones and incentives:
Year One
- Salary: 24000
- Commission: 5% gross commission on; 10% on 100000 (rolling 12 months)
- Benefits: Visa and medical provided upon relocation to Dubai.
Year Two
- Salary: 26400
- Commission: 10% gross commission on 100000 (rolling 12 months)
- Benefits: Visa and medical provided in Dubai.
Year Three
- Salary: 28800
- Commission: 10% gross commission on 100000 (rolling 12 months)
- Benefits: Visa and medical provided in Dubai.
Performance Expectations
To succeed candidates must consistently meet these minimum weekly standards:
- 500 dials
- 5 hours of talk time
- 5 booked meetings
- 3 sat meetings
ThreeMonth UK Training Program
- Target:AUM / 4 new clients
Six Months
- Target:AUM / 6 new clients / 40000 gross commission
Year One
- Target:AUM / 16 new clients / 100000 gross commission
Year Two
- Target:AUM / 25 new clients / 200000 gross commission
Year Three
- Target:AUM / 30 new clients / 250000 gross commission
Upon completion of this program successful candidates will transition to a Pathway Financial Planner role a salaried advisory position with comprehensive training for seamless advancement into financial advice.
This role is not for everyone but for those with the resilience determination and ambition to succeed it provides a unique opportunity to build a rewarding career in wealth management with international exposure.
Employment Type
Full Time
