Financial services encompass a wide range of offerings, from insurance and money management to payments and digital banking technology. This industry plays an integral role in New York City’s economic development and success.
The financial services sector is a key part of the New York economy, bringing jobs and growth to our region and our nation. It also provides financial security to individuals and helps the community thrive by making it easier for people to save for their futures.
In the finance industry, there are a lot of different professionals that work together to help people manage their finances and protect themselves from risks like bankruptcy or death. They do this by managing a variety of assets, including pensions, insurance assets, and hedge funds.
They offer a variety of products and services, such as checking and savings accounts, credit cards, mortgages, and even private banking. There are also specialized firms that cater to the needs of certain clients, such as family offices and asset management firms.
A lot of the time, these professional firms are part of larger entities or financial services groups. For example, a bank might buy a private banking firm and integrate the two, keeping the brand but also adding services that can benefit the customers of both firms.
Whether you’re looking for a career in banking, wealth management, or insurance, the financial services sector offers an excellent opportunity for you to make a difference for your community. A career in financial services can provide you with the education, experience, and support that will help you reach your full potential.