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Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance.

Banking 78
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Management Consulting versus Investment Banking

Management Consulted

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

Banking 272
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Is AI the Solution for the Banking Sector? (Part 2: Solution)

Tom Spencer

Before we dive into why AI is the solution for the banking sector, let’s first explore what big tech companies have in common, how many of them have grown successfully, and what banks can learn. Usage of AI in the Banking Sector. Table 1: AI applications across Canadian and US banks (Source: Financial Post, Techemergence).

Banking 84
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Inside the Mind of a Leader: A Talk with Former US Bank VP Bob Erickson

Leadership Vision Consulting

Traditional training, like conferences and generic courses, misses the mark. Bob Erickson, retired EVP of US Bank, highlights the importance of a tailored, human-centric leadership model, emphasizing key traits to foster empowered, cohesive teams. Merely being skilled doesn't equate to effective leadership.

Banking 26
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3 ways financial advisory consulting bests strategy consulting

Management Consulted

From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Find it here: 5 reasons to choose strategy operations over financial advisory consulting. Missed part one?

Financial 194
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China Banking Crisis "Almost" Certain Says Senior International Economist; Global Banking Crisis "Is" Certain Says Mish

MishTalk

He said the Reserve Bank of Australia should prepare for a difficult ride as the overpriced property market and high dollar created a challenging economic environment as coal and iron ore prices dropped. One of the first on this train has been Michael Pettis at China Financial Markets. We do think the financial risks are high.

Banking 78
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Human Resources Management – How to Get Started

Tom Spencer

Especially if you join a class structure, such as an “analyst class”, the recruiting team may also be responsible for onboarding and training. Rather than leaving to pursue different opportunities, firms also prefer employees to find and train for new opportunities that interest them within the company. People Advisory Type Consulting.