How to answer the "why wealth management?" interview question (2024)

When answering the question "why wealth management?" in an interview, it is important to make sure your response is a combination of your external reasons and your internal reasons.

Your external reasons should be centered on the nature of the job and why it's appealing to you. You should add some of the following external reasons to your answer:

• You enjoy interfacing with clients and people often

• You relish being able to come up with creative solutions to complex problems

• The aim of coming up with plans to enhance a client's present and future financial needs appeals to you

• Following the equity markets is exciting for you

Your internal reasons should be based upon how the job of wealth management fits in perfectly with your personality, strengths, and skills. Here are some internal reasons you should add to your answer:

• You enjoy the autonomy that wealth management gives you

• You are an extrovert and love dealing with clients and people

• You are a proactive person that likes to have a lot of responsibility

• You are organized, analytical, and a problem solver who loves critical thinking

• Long-term relationships are something you value (this is crucial to wealth management)

In your interview, your answer should be a marriage of some of these external reasons and internal reasons. If possible, you should also seek to highlight any of these items about your concise, professional anecdotes as they apply.

Try to aim at an answer length that is somewhere between 2 to 3 minutes. You should not go over 3 minutes when answering this question.