Segments in this Video

Wealth Management Vice Presidents: Main Duties and Responsibilities (01:09)


As a portfolio manager and senior vice president of the East Coast trust company, Doug DeLong helps clients with asset management and dividend income investing.

Wealth Management Vice Presidents: Career Beginnings (01:13)

DeLong studied finance and international business administration as an undergraduate; he concentrated on finance for his MBA. His first job involved prospecting by phone to build a client base.

Wealth Management Vice Presidents: Keys for Success (01:26)

DeLong explains the three things one must possess to prosper in portfolio management.

Wealth Management Vice Presidents: Education and Certification Requirements (01:12)

You must have a college degree; it is helpful if it is in accounting or finance. A graduate degree is beneficial and continuing education is mandatory.

Wealth Management Vice Presidents: Workplace Atmosphere (01:28)

DeLong's office has a "family feel" with 60 employees. In the beginning, he worked 12 hour days and some weekends.

Wealth Management Vice Presidents: Advice for Aspiring Pros (02:35)

DeLong refers to his comments on the keys for success. Keeping a client on track and avoiding emotional decision making is a challenge.

Wealth Management Vice Presidents: A Day on the Job (02:21)

Significant reading is required to stay current with industries, markets, and the world. DeLong completes trading before noon; he has client meetings throughout the day.

Wealth Management Vice Presidents: Industry Goals and Services (01:15)

DeLong's job is to invest a client's money according to his or her personal needs including, building wealth over time, providing income, or a combination of both.

Wealth Management Vice Presidents: Industry Challenges (02:29)

DeLong discusses active versus passive investing and the challenge of having his performance constantly measured against indexes.

Wealth Management Vice Presidents: Looking at the Future (02:22)

The rise in computer based trading will create opportunities to take advantage of pricing errors in the market. Asset managers will be in demand as the accumulation of wealth continues in the U.S.

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Wealth Management Vice President—Career Q&A: Professional Advice and Insight

DVD (Chaptered) Price: $49.95
DVD + 3-Year Streaming Price: $74.93
3-Year Streaming Price: $49.95



What is it like to be a wealth management vice president? In this Career Q&A video interview, Doug DeLong talks about his career path, what he does on the job, and the keys to success in wealth management. He also offers candid advice on breaking into the profession as well as insight into the industry’s biggest challenges and how the field may change in the next ten years.

Length: 18 minutes

Item#: BVL141662

ISBN: 978-1-64023-794-0

Copyright date: ©2017

Closed Captioned

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Not available to Home Video customers.