financial services agency This is a topic that many people are looking for. thetruthaboutdow.org is a channel providing useful information about learning, life, digital marketing and online courses …. it will help you have an overview and solid multi-faceted knowledge . Today, thetruthaboutdow.org would like to introduce to you Insider s Guide to the Financial Services Industry. Following along are instructions in the video below:
“Number of lucrative career prospects in nthe financial sector is immense and it s growing growing every day now while this makes for some very dynamic nand prosperous job opportunities people joining this industry. It can also make decisions nabout which specific path to take really confusing. Which position out of many would you find nmost fulfilling and which opportunity and training path will nmaximise your earning potential and best set you up for success no matter. What you decide you should know nall of the options and paths available to you so you can make an informed decision nabout your future.
This webinar is designed to take a lot of nthe guesswork out of career planning. Give you the high level facts about various financial ncareers and let you know the opportunities and positions that csi can potentially help nyou work towards in less than 20 minutes. We ll break down nthe differences between the various career paths. Explain the benefits of each and give nyou everything you need to take the first important step towards the future you deserve.
There are hundreds of positions and titles nin. The financial services industry. But each can be traced back to a larger focus stream nor segment of the industry. Where you ll begin to climb the ladder to the job and nlet s be honest the salary that you re looking for the segments are n retail banking investment management and trading n financial planning wealth management n leadership management compliance and business banking.
Now. I m sure you ve got lots of questions nlike. How do you figure out where to begin. Which path is right for you once you ve begun how do you succeed and nget ahead of the competition.
And what happens if you d like to change. Npaths and move around within the industry. So let s start by taking a closer look at neach segment of the financial sector retail banking ndo you consider yourself a people person does being able to help people buy their first nhomes or save for their children s education. Inspire you the retail banking stream rewards selling nskills specialised knowledge and customer service excellence.
If you re the kind of person who can easily nestablish a relationship or rapport with new clients and is eager to add a personal touch nto your business interactions then retail banking boasts several attractive career options best of all being the largest banking sector. Nin canada there are tens of thousands of potential job openings in this specific area nwith endless opportunity to learn grow and advance let s look at it by the numbers. Nthere are 80 different banking brands in. Canada.
Alone and there are over 6000. Branches employing na total of over 280000. People. That s a lot of opportunity to challenge nyourself.
Learn new skills and to work in a job where you get to see the appreciative nfaces of the people you assist every day investment management and trading nconsidering heading down this path. Well. There have been a number of hollywood nfeatures written about the fast paced competitive world of financial trading. Which should give nyou a pretty good idea of how dynamic it can be if you re a motivated self starter.
And are nwilling to put in the hard work to reap some big rewards while leaving the competition nin. The dust then investment management and trading offers you lots of great opportunities stock markets bond markets foreign exchange nmarkets derivatives there are more trading options available than ever before and clients ndemand. Specialised. Knowledge and increasingly specific expertise.
So should learning how to minimise risk and nmaximise returns for your clients. While making money in the process inspire you then look nno further this past year over 190 firms traded over n360 billion dollars in securities. There s a river of money rushing through nthis sector for people willing to learn the markets care to take a dip financial planning. Nimagine meeting.
People with big dreams. Who are looking for someone they can count on nto help them chase them..
Now imagine that you re the person who nis going to help them make those dreams. A reality if you want to help people achieve their goals nsafely navigate uncertain financial waters and empower them to take charge of their financial nfutures then financial planning is the path for you too often people mistake careers in the financial nservices sector as being cold or impersonal. Well. There is nothing more personal than helping nothers by sharing your knowledge offering sound advice and protecting them from incurring nrisk as they strive towards financial independence and the best part fostering strong relationships with clients nand helping them get to where they re going is a direct and important part of moving up nin this field.
You ll get rewarded for doing. Something that is already quite rewarding nin its own right admittedly financial planning. Carries a longer ncommitment than most of the career paths in finance. But if this is the type of rewarding njob.
You want then you won t be looking to move elsewhere anytime soon wealth management. Nthis is a title that largely speaks for itself. But just how potentially lucrative is wealth nmanagement as a field well the number of high net. Worth.
Clients. Nin canada is projected to double in the next decade that means a whole lot of opportunities for nnew professionals 14000. Wealth advisors in canada n the number of high net worth households is projected to. Rise.
From 653000 to. 1147 nmillion by 2022 22. Trillion. In assets.
Under management. Just look. At these numbers. And try not to nget.
Excited. This is a growing field that brings a high demand nclientele with a lot of investable assets as you make your way upward in this field nyou ll broaden your skillset and learn deeper more comprehensive wealth management strategies nto best serve the needs of affluent clients the numbers alone demonstrate the demand for nhigh end. Wealth professionals in the near future do you have what it takes to play in the deep nend of the pool leadership management compliance nevery organization needs. A leader they can count on to make the tough decisions.
Someone who can guide the team away from risk nand towards large rewards that sort of leadership in the banking world ninstils trust in your clients that you re handling their business. Deftly and in compliance nwith. All government regulations. This is a career stream for people with a nkeen instinct for business development and the ability to assemble and lead a strong nteam capable of attacking and over achieving their targets on top of this compliance and risk management nis in top demand with employers right now as companies seek to reduce risk to both their norganisations and their consumers business banking nit s undeniable canada s business sector is booming and it s showing no signs of nslowing down anytime soon in the wake of this canadian companies are nadding hundreds of business bankers to deal with the ever growing increase in demand there are already.
16 million small businesses nin canada with a projected 150000. New businesses coming to canada in the coming years. The small business sector is a growth industry nthat needs educated professionals to get in on the ground floor work with the up and coming leaders of tomorrow nmeet. The future game changers and the families that will become canadian business legacies and be an invaluable asset to their success paths to success.
None of the things that every single one of these segments have in common is massive opportunity nfor advancement. No matter which stream appeals to you there nwill be new goals to work towards new challenges to face and the potential for higher rewards. Nwith. Each new stage.
Let s take a closer look at the retail banking nsegment. Most likely you will begin as a customer service nrepresentative or csr and spend some time in the many client facing service positions nwithin this space from there..
You will likely become a sales nteam. Member. And then progress to a personal banker and ultimately. A senior personal banker.
From here you are met with a brand new set nof choices to further specify your field of expertise. Planning and advice management. Nand. Small business expect to spend from 2 to 3 years in each nrole on your way up the ladder.
As this is pretty standard for the banking world during that time you should be making strides nin your role and getting the credentials required for that next position to set yourself up nfor. Success but more on that a little bit laterthe nnice thing about retail banking is even after moving up the ranks and earning more responsibility nand. Larger rewards. You are provided the continued perk of choosing the path that interests you nmost.
No matter. Which career path. You select the nvariety of options is far more appealing than in many alternate careers. The first step nthe paths are laid out before you and the gatekeepers at the beginning of each path nare looking for the right key before they allow you to pass the all important resume.
The sheer number of resumes that banks receive nnecessitate. A computerized algorithm based system of ranking with some single job openings. Receiving upwards nof thousands of resumes from potential employees. Resumes are screened for keywords and ranked nbased on number of applicable hits.
The algorithm is collecting evidence that napplicants are trained in the proper specific manner that each career stream calls for these are compiled into a short list that nthen goes into the hands of a hiring manager. The first step and arguably the most important nstep is proving you ve been properly trained to do the job. You re applying for this saves. Time money and effort spent getting nyou up to speed and makes you a far more attractive candidate regardless of the position in question never assume that one style of resume fits nall cater and customize your resume to the specific position you re applying for this is your chance to strut your stuff and nshow off just how qualified you are you want the job now show them why it would nbe a mistake to pass you over finding success in your career nok so you made it into the wild world of retail banking and now you re ready to climb that nladder here are some essential tips and tricks to nhelp you win those opportunities and sustain your career s growth industry and product knowledge.
Nknowing your industry. Inside and out is key read. The publications subscribe to industry nnewsletters and always be learning about your field. And the fields ahead of you knowing your products is also uber important nbecause your job will revolve around selling these products to the clients.
You serve for na number of years also get to know the pillars or silos. Within nyour bank. Every bank has many different business lines nwithin. It that work either in concert with each other or independently get to know these areas and the influencers nwithin each of them as they could be an amazing referral source for you they may also be holding that next career nopportunity for you networking.
Nnetworking is also incredibly important spend the time both inside and outside of nwork meeting. People in the business and establishing relationships with them. You never know who will be holding your next ngreat opportunity. If there are areas of banking.
That you are ninterested in meet people working in them. And see if you can shadow them for a day or ntwo to see what a job like theirs would be like finding mentors is also crucial. Most of the truly successful people in the nindustry had mentors offering them help and advice along the way look for mentors directly above you or even. Nhigher up who can take a vested interest in helping you advance credentials and skills development nin.
This business credentials matter. The best thing that you can do for your career nis to stay ahead of both the hard and soft skills..
You ll need for that next level being proactive and getting credentials or ntraining before they are required show your manager. That you are driven to succeed and nthat you are willing to invest the time it takes to improve yourself the nice thing is that most banks have extensive nlearning and development platforms with learning programs customized to each job. Csi also offers industry. Leading licensing.
Ncourses and credentials specifically designed to help you reach that next level in your ncareer. The truth is you will never see a return non. An investment you don t make so start with investing in yourself and acquiring nthe skills employers demand to gain the edge you need to land the career you want make your intentions for advancement known nmake. Sure your manager knows exactly where you are and where you want to go show.
Them you are keen to learn about and nexplore new roles and that you re taking all the necessary strides to set yourself nup for that next level outstanding performance coupled with intentions nfor advancement will unlock the doors you need them to outperform in your role nand here. We saved the most important advice for last always make sure you are over delivering on nexpectations. The banking industry is an incredibly competitive. None and built mostly around targets and delivering above them simply reaching target in this industry is nbelow the norm.
So make sure you are always delivering above target and your managers. Nand future managers will take note you want to make sure your name comes up in nmanagement meetings and the best way to ensure this happens is by blowing your targets out nof the water it s a big world and it s still growing. There are literally thousands of opportunities ndepending. Upon your unique abilities interests and relevant experience with all of the various career paths.
Available nthere is cross over when it comes to the necessary credentials that make you attractive to prospective nemployers. This means that should you decide to change npaths mid stream. The education and training you received for one path is applicable to nothers getting yourself the training you need for nthe next level is the key to opening up each path each world of new possibilities and nlucrative opportunities get the training gain the experience climb nthe ladder. These positions are there waiting for you there has never been more opportunity in financial nservices than there is right now banks.
Small business owners and high net worth nclients are out there right now waiting to work with qualified professionals like you ng technically without this simple moving average on your chart. The 20 period moving average. We use it as a support mechanism and resistance mechanism as well as a basis for location. Now.
The general theme to understand here is that stocks can get far away on the upside from the 20. But they cannot stay there that is the key they can get fairly deep below the 20 period moving average. But they cannot stay there so these extreme locations away from this blue line this blue 20 period. Moving average will tend to create decent opportunities for snapbacks toward the mean and beyond.
So here apple is way ahead of itself. How do we know that it has separated itself very decently from its 20 period. Moving average a decline is imminent so any news. That is even a little bit shaky will cause an avalanche and cause people to run for the exit signs why because everyone s profitable and if everyone is profitable.
Then everyone s next move is a sell it s usually not a buy you see so any nervousness. Any hint of a problem causes a sharp drop from an elevated position away from the 20 period. Moving average. Well.
When you re when you ve fallen deep through the 20 period. Moving average and reached a level that is a fairly far below the 20 period. Moving average. Then that basically means just like a wet sponge has been oh just like a wet sponge when you squeeze it squeeze.
It long enough in the vast majority. The moisture in the water is out of the sponge while this movement down is squeezing the water out of apple s squeezing the excess out of apple squeezing the over botanist out of apple..
Eliminating the weak hands and so at this point beneath the 20 period moving average. The weak hands are predominantly gone. The moisture. The water out of the sponge and now the sponge can snap back.
And so. If there is a catalyst from under the 20 period. Moving average a bullish catalyst. A surprise piece of news a better than average better than expected earnings report from below the 20 period moving average that can ignite a very dramatic run back to the upside.
So you have to keep in mind. That there are these things that can abruptly change. But be abrupt changes to be most violent changes tend to occur from these locations far away from the 20. So if you can see this sharp drop in the year 2012 into 2013.
That was a one year drop for the most part that drop lost a big percentage of apple s valuation from roughly 104 to the 50s. The high 50s that is primarily that is almost a 50 haircut. I mean it s not quite. But the severity is lost because of this move upward.
But this is a very very sharp debilitating decline for most people especially if you bought far away from the 20. Which as my followers and traders today. You would never do now. Because you know that s the area where people are nervous and even the smallest degree of that s my alarm going up even the smallest degree of nervousness will cause people to run to the hills and dump the stock.
You never want to be a buyer far above the 20 period moving average of anything you want to become an aggressive buyer on moves that appear to be reversing. What caused the stock to drop deep below the 20 period moving average. So we re aggressive buyers deep under the 20 period moving average. And we re aggressive sellers far above the 20 period moving average.
There are other sell points as well. But these are the aggressive points aggressive selling aggressive buying aggressive selling on red well above aggressive buying on green well below aggressive selling on red well above aggressive buying on green well below fairly simple wouldn t you say so let me leave you with this after a six month run up. We re likely to get some short term pressure on apple that means that in my day to day trading. I will lean toward paying more attention to bearer signs it doesn t mean that i will ignore any buller signs.
But i will place more weight on the bearish signs that reveal themselves simply because my of my experience. Which tells me that this six month run up has been in anticipation of this fairly decent earnings report and that people have profits and will interpret this report more as a sell event than about it i hope that s been helpful well there you have it traders. This is my general overall take on how to interpret earnings and how this earnings theme of mine can give you a very very nice edge over the vast majority of participants who think in this very simplistic way that good news produces upward moving prices and bad news produces downward moving prices if the game were as simple as that wouldn t we all be billionaires wouldn t this be an activity that virtually every single person can make money in if it were as simple as finding a company with good earnings. Then no one would lose money and if it were as simple as staying away from those who are reporting pad numbers.
We would know precisely what to buy and what to sell and win. But the game is not as simple as that so i hope this theme of mine has given you a little insight at least into how i approached earnings and on periscope during my daily trading sessions. If you see that i have a slight bias to the short side if i m actually pitching to go short a little more than i want to go long. Then you know precisely why i m off to brazil.
I wish all of you godspeed either certainly be being you win from periscope as often and as frequently as i can godspeed to all of you if you have found anything in this blog useful beneficial. I want you to pound that like button subscribe to the channel it helps me out recommend the channel to your friends and by all means give me your comments. I will try personally to answer every single question. Every single comment you send to me i m very excited about the future of this blog.
I am just getting warmed up wait and see ” ..
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