Texas’s wealth management & trust industry is a robust component in the financial services sector. It is a respected and uniquely rewarding profession for a diverse range of individuals. This profession is about much more than preparing documents and crunching numbers; it's about people, and providing clients exceptional experiences in a range of wealth management products and services designed to build, preserve, and transfer wealth.
Wealth management in the United States is a huge business today — and it's about to get a lot bigger. The Deloitte Center for Financial Services expects U.S. household assets to increase from $87 trillion today to more than $140 trillion by 2030, of which nearly $64 trillion will be in investable financial assets. This means that in 2030, between $150 billion and $240 billion in wealth management fees could be available in the market.
The wealth management and trust industry has proven to be a successful, fulfilling career choice for graduates from law, business, and finance schools.
But you’d probably be surprised to know that we also have careers involving foundation management, marketing, psychology, sociology, and specialty areas like agriculture, farm and ranch, and even geology.
There’s a role for every personality and lifestyle.
The wealth management and trust industry offers a challenging and rewarding change of pace for attorneys, CPAs, and professionals from other segments of the financial services industry.
Is this profession right for you?