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Wealth management 'no longer dominated by men'

Friday 25 March 2011 by Gina Le Prevost

The wealth management sector is no longer dominated by "men in pinstripe suits", female job hunters have been reassured.

Talking to the Financial Times about the change in the wealth management jobs world, global head for graduate and embark resourcing and development at Barclays Wealth Helen Bostock said that the old-fashioned stereotypes are now longer true.

She stated that at Barclays Wealth, it has been found that many of the abilities needed in wealth management jobs come naturally to some women.

These include strong communication skills, working on client relationships and "building a rapport" with customers and other people in wealth management jobs, she remarked.

Those keen to enter the sector were advised to work on achieving a range of skills.

"As wealth opens up across the world and our client base becomes more diverse and sophisticated, we need to recruit people with a broad range of skills," Miss Bostock continued.

Recent Budget announcements revealing extra funding to help firms take on apprentices could be good news for those looking for wealth management roles that offer on-the-job training.