The Career Path Into Wealth Management, From Qualification to Your First Client Book

Wealth management in Australia is centred in Sydney and Melbourne's private banking divisions and firms like Macquarie Private Wealth and JBWere, serving the country's high-net-worth individuals and family businesses. As with financial advice, most entrants need an approved bachelor's degree, a supervised Professional Year and a pass in the Financial Advisers Exam before being listed on ASIC's Financial Advisers Register. Strong relationship-building and investment knowledge matter equally. Here's exactly how to build a career as a wealth manager in Australia.