Private Wealth Management Internship Sample Writing Paper Essay Example for Free

Private Wealth Management Internship Sample Writing Paper Essay I am a business and economics major interested in interning in a Private Wealth Management institution in Washington. I plan to have a career in Private Wealth/Asset Management also known as Private Banking. Private Banks can either be a department in a larger bank or independent investment firms. In the past, they solely served wealth individuals. However, now former middle class entertainment stars, politicians, writers are now turning affluent overnight. They will need the services of a Private Banker to oversee. This is a crucial branch of the financial industry. In view of the current crisis rocking the financial and real estate markets, most property owners want to spend less and save more in case there is a recession. Therefore, Private Bankers are necessary to guide the high net worth individual to design and implement a beneficial financial portfolio for both parties. Private Bankers assist in the management of personal and business properties. First, they protect and preserve already existing assets by applying all the business or economic competencies, accounting skills and law knowledge that they acquired through education or experience, to ensure that the client’s portfolio does not diminish in value. Alternatively, they can work jointly with other professional such as lawyers and government agencies e.g. The Trust Department. Second, Private Bankers invest their client’s properties and monies in diverse investment vehicles to grow their clients’ portfolios while reducing the risks of losses and maximizing profits. Third, these Private Wealth Managers balance the investments of their’ clients with a view to finding them fair tax regimes creating enough income to cater for expenses.   Fourth, they advise clientele on personal finance decisions including the purchases of real estate, insurance etc. Fifth, some offer distinctive services such as: planned donations for charity; transfer and running of agricultural real estate; purchase, valuation, sale and administration of art collections; assessment of intellectual properties; and liquidation of royalties accrued from book or movie sales. ( Martinez and Martinez, 1-43) Initially, I want to get an internship as a Private Wealth Management Trainee in any of the major private Asset Management firms in Washington, then later move up the ladder and open up my own firm one day. Private Wealth Management is not just about multiplying dollars, but it also has a personal side, which is why I was attracted to it in the first place. It is remnant of the banking industry of the Wild West banking style when your banker was your friend and involved himself completely in the financial activities of his customers. I prefer Private Banking because of three reasons which have nothing to do with money. One is the personal service offered to the client. The Private Banker will interact intimately with his client. They share a cordial relationship based on trust. Finances are one of the most important issues in anyone’s life. Money is vital for survival. A client should be able to know who is handling this precious commodity by face and why this private banker makes those decisions for him. Two, the investment strategies are tailored to satisfy the needs of the customer. In private banking, the managers take into account the different backgrounds and goals of their clientele. Ultimately, the client is the own who determines what path his investments will take. This is because he shares his financial dreams with the private banker who designs financial plans based on these thoughts, invest the money and adjust the portfolio accordingly. Three, there is a degree of independence. The Private Banker does not work under the same time-space constraints as banker. They deal with their clients at different locations and may work in different deadline and schedules from a corporate or retail banker. They conduct business in different environments and are not confined to offices. This freedom of movement and spontaneity is very attractive to me.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   As much as Private Banking is personal, the principal in private management is making profit. I know how to calculate figures and combine varied investment media in such a way as to maximize on the benefits of the market. I make an excellent Private Banker because I already have the qualities for this career. I am patient, possess great people skills, have sound business and economic training and I am not afraid of dealing with large sums of money, prime property. My greatest asset is my good rapport with people. A Private Banker needs to have a convivial relationship with his clients and that description describes to a tee.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   While in Washington I plan to research on the diverse communication and relational methods that Private Bankers employ to attract, attain, and retain clientele. This is because the emphasis of Private Banking to me is based on not just portfolio management but client management.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In conclusion, Private Banking is an area of the finance industry that has lived for many years with the unfair tag of snobbery. However, I believe that Private Banking is the way of future. I predict in 10 years time Private Bankers will be in high demand as the financial market grows in complexity and the public becomes more educated about the importance and relevance of asset or wealth management to assure their current financial freedom and that of their loved ones. Bibliography Martinez, Mike. and Michael, Martinez. Vault Career Guide to Private Wealth Management. Vault Inc. 2007.

Elie Wiesel’s Night and Corrie Ten Booms The Hiding Place Essay

Elie Wiesel’s Night and Corrie Ten Boom's The Hiding Place Many outsiders strive but fail to truly comprehend the haunting incident of World War II’s Holocaust. None but survivors and witnesses succeed to sense and live the timeless pain of the event which repossesses the core of human psyche. Elie Wiesel and Corrie Ten Boom are two of these survivors who, through their personal accounts, allow the reader to glimpse empathy within the soul and the heart. Elie Wiesel (1928- ), a journalist and Professor of Humanities at Boston University, is an author of 21 books. The first of his collection, entitled Night, is a terrifying account of Wiesel’s boyhood experience as a WWII Jewish prisoner of Hitler’s dominant and secretive Nazi party. At age 16 he was taken from his home in Sighet, Romania and became one of millions of Jews sent to German concentration camps. At the Auschwitz and Buchenwald, Wiesel witnessed the death of his parents and sister. In 1945, the latter of the camps was overtaken by an American resistance group and the remaining prisoners freed, including the drastically changed man in Wiesel. The once innocent, God-fearing teenager had become a lonely, scarred, doubting individual. Corrie Ten Boom (1892-1983), a religious author and inspirational evangelist, traveled and spread Christianity throughout sixty-one countries, even into her eighties. Her autobiography, The Hiding Place, is an account of her inner strength found through God in the midst of the physical and emotional turmoil of German concentration camps. During World War II, the Ten Boom family took action against the Nazi movement and began an underground hiding system, saving over 700 Jewish lives. (Contemporary Authors, 470) They were discovered and sent from their Haarlem, Holland home to Scheveningen, a Nazi prison. Ten Boom, in her 50’s, was placed on trial for leading the underground system and sent to a German work camp. There she witnessed her father and sister’s death as well as the birth of her inner strength and hope for the future. Upon release from Ravensbruck, Ten Boom began caring for victims of the war and Holocaust and used her powerful speaking ability to share the trials and triumphs of her life. Together, these two powerful authors relive the horror and pain of the Holocaust to educate the unaware world. They teach of the past, warn of the future, an... ...n & Co., Inc., 1962); excerpted and reprinted in Contemporary Literary Criticism, Vol. 3, ed. Carolyn Riley (Detroit: Gale Research Inc., 1975), p. 526. Alvarez, A. â€Å"The Literature of the Holocaust† (Random House, 1968); excerpted and reprinted in Contemporary Literary Criticism, Vol. 3, ed. Carolyn Riley (Detroit: Gale Research Inc., 1975), p. 527. Appendix II. Popular World Fiction. Vol. 3. Washington, D.C.: Beacham Publishing, 1987. II-35. â€Å"Christians Who Helped Us To Get Started† (Praise Outreach). May. 1996. http://www.wolsi.com/~kitb/influ.html. (5 Dec. 1996). Contemporary Authors. Vol. 111, ed. Hal May. Detroit: Gale Research Inc., 1984. p. 470. Douglas, Robert E., Jr. â€Å"Elie Wiesel’s Relationship with God.† 3 Aug. 1995. http://www.stsci.edu/~rdouglas/publications/suff/suff.html. Encyclopedia of the Holocaust. Vol. 3, ed. Israel Gutman. New York: Macmillan, 1990. p. 1281. Sidel, Scott. â€Å"All Rivers Run to the Sea: A Review of the Memoirs of Elie Wiesel.† 1995. http://www.netrail.net/~sidel/reviews/wiesel.html. (5 Dec. 1996). Ten Boom, Corrie. The Hiding Place. United States: Bantam Books, 1971. Wiesel, Elie. Night. United States: Bantam Books, 1960.

Conclusive Interview of My Sister

Section 1. 1 – Interview I’m Rashad, and I’ll be conducting a conclusive interview on Shequita Perez, my sister. She is the oldest of 3 children. Shequita is a hard working single parent, and will give her very last to make someone else happy. She is the type of women who believes handling business is the first priority. I interviewed Shequita by asking about her past, present, and lastly her future. Shequita mentioned her past as being very exciting. Now that’s she’s grown, she feels as though she’s a better person than she was.Her best memories from the past would have to be, her high school days. She attended, and graduated from Helen Cox High year 09’. Shequita was very active in High School, she was head caption of the Majorette team. Besides, Shequita’s High School life, she spent most of her time with her mom, and little brothers. Out dinning, and traveling to Orlando Florida to Walt Disney World was also a time sheâ€⠄¢ll never forget. Being a hard working single parent has its up’s and down’s, but no one’s perfect. Shequita gave birth to Kaylah Kimannie A’Kyre Perez on October 14, 2008.Shequita mentioned, spending time with her daughter is priceless, just seeing the smile on her face lights up her entire day. Shequita grew to learn that parenting is a huge responsibility, and that can never be a reason to stop following your dreams. It just makes you more determined to follow your heart. Shequita indicated that her future would be beyond successful. She has plans on moving to Houston, Texas. In Houston she’s determined to own a house of her own, and her daughter will be getting a better education.Also, Shequita plans to start her own clothing line, and give back to the community on New Orleans, Louisiana. Giving back to make someone else happy, is all that really matters to shequita. There’s no better feeling than that. Life is all about growing. Knowin g where you are now, and where you would like to be. Motivation from self is the best motivation that you can ever receive. Never give up on what makes you happy, follow your dreams, and lastly your heart. In conclusion, I Shequita Perez couldn’t be more happy.

Social Media Has Become An Everyday Routine For Millions...

Social media has become an everyday routine for millions of Americans for the past few years. Social media are electronic tools that enhance communication, support collaboration, and enable users across the globe to generate and share content(Henderson Dahnke, 2015). As a nurse, there are always certain expectations attached to the career. Just as there are for other careers that involve serving the public such as law enforcement, firefighters, and educators. Careers, as such, come with responsibility both in and out the workplace. People put a great deal of trust into nurses so there is a certain level of character that nurses must maintain at all times. The greatest problem with the use of social media in our society is invasion and maintenance of confidentiality and privacy standards. Nurses have posted on blogs, social network sites, and other forums potentially identifying information about patients, including derogatory remarks, photographs, and details about patient care. Ho wever, nurses have the duty to protect patient privacy and to maintain confidentiality of all patient information† (Henderson Dahnke, 2015). We are taught in nursing school that patient safety is always a top priority. Therefore, in order for a patient safety and privacy to be free from any harm, nurses need to keep in mind the patient’s wellbeing while using social media. The ethical terms used in nursing most often involve non maleficent and integrity. NonShow MoreRelatedEssay on Stereotyping in the Media1331 Words   |  6 PagesThe world today has become quite a diverse place. People of any color, race, or ethnicity, can go to the same school, restaurant, bathroom, and even date one another. The world is constantly changing and learning from its diverse inhabitants, so why hasn’t ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬ the media been up to speed with the rest of the world? Race has increasingly become this social concept that the media has embraced and ran with. 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