What does an account manager do?

An account manager in finance is responsible for managing the relationships with clients and ensuring that their financial needs are met. They are typically the main point of contact for clients and are responsible for understanding their financial goals and recommending appropriate products and services to help them achieve those goals. Account managers in finance also work closely with other departments within the financial institution, such as investment advisors, analysts, and other financial specialists, to develop comprehensive financial plans for their clients. They are also responsible for monitoring the performance of their clients' investment portfolios and making adjustments as needed to ensure that they are on track to meet their financial objectives. In addition to client management, account managers in finance are also responsible for business development and sales. They may be tasked with identifying and pursuing new business opportunities, as well as cross-selling additional products and services to existing clients. Overall, account managers in finance play a crucial role in building and maintaining strong relationships with clients, helping them achieve their financial goals, and driving business growth for the financial institution.