How Many Jobs Are Available In Investment Managers? 2022
Investment managers is one of the most sought after careers today. With the stock market hitting record highs, it seems like everyone wants to invest their money into stocks. However, investing in stocks requires knowledge and expertise about the markets. This is where investment managers step in. They provide investors with information about the economy, financial news, and even offer advice about what investments to make.
What exactly does an investment manager do? Here are some of the job duties that an investment manager performs:
• Researching different companies and industries to determine whether they are profitable or not
• Writing reports and articles about the current state of the economy
• Analyzing data about the economy and making predictions about future trends
• Providing financial forecasts to help businesses plan ahead
• Helping people decide whether to buy or sell shares of certain companies
What is Investment Management?
Investment managers work closely with clients to help them achieve their financial goals. Their primary objective is to increase the value of assets held in client accounts. This includes stocks, bonds, mutual funds, ETFs, etc.
Before learning about how many jobs there are in Investment Managers, we must first understand investment management. An investor has one primary objective: increasing his/her wealth to reach a series goals. If he/she feels that holding cash in bank deposits is insufficient to fulfill his/her investment objectives, in other word, if he/she needs to invest his/her money rather than hold it – he/she will ultimately recognize this. He/She will first have to decide whether he/she wants to make long term investments or short term ones. Short term investments include things like stocks, bonds, mutual fund shares, exchange traded funds (ETF), etc. Long term investments include real estate, art collections, precious metals, collectibles, etc.
An investment manager provides advice, solutions, and productsthat assist his/her customers in achieving the goals he desires.
What roles are there in Investment Management?
Investment management isn’t just about picking investments. There are many different jobs within it. Here are some of the most common ones.
Analyst – Analysts explore and analyze potential investment areas, markets and individual shares and stocks, looking for opportunities to make money.
Investment Manager – An investment manager makes choices based on his or her understanding and analysts’ reports, and sells those decisions to clients.
Sales / Client Relations Team – A sales team helps market the firm and its products, while a customer relations team helps keep customers happy.
Infrastructure Teams – Infrastructures teams keep the organization running, including human resources, information technology and other administrative functions. They don’t affect investing directly.
How many jobs are available in Investment Managers?
There are thousands of jobs in the field of investment management in the United Kingdom. This includes roles such as portfolio manager, fund manager, stockbroker, analyst, trader, etc. These positions are typically highly paid, especially those in the finance industry. However, there are also numerous entry level positions available, including roles such as equity broker, commodity broker, derivatives broker, research assistant, etc.
The number of jobs available in investment managers continues to rise, as the demand for skilled professionals increases. As a result, job growth rates for this occupation are expected to increase over the next decade.
So, if you are still wondering how many jobs are available in investment managers – the answer is plenty!
Is being an Investment Manager a good career option?
There are thousands of jobs in investing management in the United States, according to Indeed.com. The average salary for finance manager positions is $92,000 per annum. Other popular job categories include wealth manager ($90,000), equity trader ($80,000), portfolio manager ($75,000), credit analyst ($65,000), and research assistant ($50,000).
In addition, there are hundreds of opportunities for those interested in becoming an investment banking analyst ($70,000), equity trading analyst ($60,000), and portfolio manager ($55,000). Many people choose to work in investment strategies management because it offers a wide variety of career options, including working for asset managers, hedge funds, venture capital firms, and brokerage houses.
Here are five reasons why this profession is a wise choice.
#1. Investment Managers have lots of career options
Investment management is one of the most lucrative careers out there. In fact, according to the U.S Bureau of Labor Statistics (2016), investment managers make $90,130 per year on average. This number is expected to grow by 17% between 2016 and 2026.
There will be an additional 64K financial jobs by 2030, according to the BLS. With the current unemployment rate hovering around 4%, it isn’t hard to see why demand for investment managers is growing rapidly.
The job outlook is especially promising for those with a bachelor’s degree in finance, accounting, economics, or related fields. These professionals are usually hired early in their careers due to high demand. However, many employers prefer candidates with some prior industry experience.
If you’re looking to break into investment management, start off by taking courses in statistics, mathematics, and computer science. If you’ve already got a background in these areas, consider applying for an internship or part-time position while continuing your studies.
You’ll want to keep up with the latest trends in the field, so take advantage of online resources such as LinkedIn groups, blogs, Twitter feeds, and news sites. Read articles about what’s happening in the industry, how different organizations operate, and where the future of investing lies.
Once you’ve built a strong foundation, find yourself a mentor and/or join a professional organization. Your mentor could offer guidance on networking opportunities, resume writing, and interviewing skills. Professional associations tend to provide regular educational events and seminars, as well as access to exclusive networks within the industry.
#2. Investment Management is fascinating
Investment management is one of those careers where it’s easy to lose sight of what really matters. Sure, you’re managing money for others, but you’re also building relationships with people who are counting on your expertise. And while you’ll never be able to make everyone happy, you do want to find ways to help them succeed.
The good news is that investing isn’t just about numbers. There are many creative ways to put together a portfolio that will benefit your clients and keep you interested in the process. Here are some ideas to get you thinking.
#3. Investment Management can be a lucrative career
Investment management is one of the most sought-after careers in finance. Those who are intelligent and driven are often hired into high-level positions within large companies. Their median salary is between $51,000 – $172,000 per annum, depending on experience. In addition, many investment managers receive bonuses based on performance.
The Bureau of Labor Statistics classifies investment managers as financial analysts or financial managers. Financial analysts work in banks and brokerage firms, where they analyze clients’ accounts and make recommendations about investments. Financial managers oversee portfolios and supervise employees who handle client assets. These professionals usually hold bachelor’s degrees in economics, accounting, finance, or another related field. They must complete coursework in statistics and mathematics, as well as pass a written exam.