Fisdom Wealth Manager Interview Questions and Answers

Q1. About your job role in previous company?
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Q1. I think this round was more about understanding my psychology and finding if I am fit to adapt the company culture and job role.
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Q1. Why we should hire you
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Q2. Salary expectation
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Q1. Tell me about yourself
Ans. 
I am an experienced Relationship Manager with a strong background in building and maintaining client relationships.
• Over 5 years of experience in the banking industry

• Proven track record of exceeding sales targets

• Expertise in financial planning and investment strategies

• Strong communication and interpersonal skills

• Ability to analyze client needs and provide tailored solutions

• Managed a portfolio of high net worth clients

• De...read more
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Q2. Past experience in stock broking industry
Ans. 
I have 5 years of experience in the stock broking industry.
• Worked as a Relationship Manager at XYZ Stock Broking Firm for 3 years

• Managed a portfolio of high net worth clients and provided investment advice

• Executed trades on behalf of clients and monitored market trends

• Developed strong relationships with clients and ensured their satisfaction

• Stayed updated with market news and analyzed financial reports

• Achieved consiste
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Q3. What is derivatives contract
Ans. 
A financial contract whose value is derived from an underlying asset or security.
• Derivatives contracts are used for hedging or speculation.

• Examples include futures, options, swaps, and forwards.

• They allow investors to take positions on the future price movements of an asset without actually owning it.

• Derivatives can be traded on exchanges or over-the-counter (OTC).
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Q4. What is per day revenue targets in past company
Ans. 
I achieved a per day revenue target of $10,000 in my previous company.
• In my previous company, I was responsible for generating revenue through client acquisition and retention.

• My per day revenue target was $10,000, which I consistently met and exceeded.

• I achieved this target by building strong relationships with clients and identifying their needs to offer tailored solutions.

• I also collaborated with cross-functional te...read more
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Q5. How many clients do you handle in past company
Ans. 
I handled a diverse portfolio of clients, ranging from small businesses to high net worth individuals.
• Managed a portfolio of over 100 clients

• Provided personalized financial advice and solutions to meet their individual needs

• Built strong relationships with clients through regular communication and meetings

• Successfully grew the client base by acquiring new clients through referrals and networking

• Collaborated with interna
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Q6. What is call option and put option
Ans. 
A call option is a financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specific time period. A put option is a financial contract that gives the buyer the right, but not the obligation, to sell an asset at a specified price within a specific time period.
• Call option allows the buyer to purchase an asset at a predetermined price, known as the strike pri...read more
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Q7. Do you have bike with you
Ans. 
No
• I do not have a bike with me.

• As a Relationship Manager, my focus is on building and maintaining relationships with clients.

• Having a bike is not a requirement for this role.

• My skills and experience in managing relationships are more important than owning a bike.
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Q8. What is your current ctc
Ans. 
I am currently earning a competitive salary as a Relationship Manager.
• I am earning a competitive salary as a Relationship Manager.

• My current compensation package is in line with industry standards.

• I am satisfied with my current remuneration.

• I have been receiving regular salary increments based on my performance.

• My current CTC reflects my experience and expertise in the field.
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Q1. What is derivatives futures and options
Ans. 
Derivatives futures and options are financial contracts that derive their value from an underlying asset.
• Derivatives are used for hedging or speculation

• Futures are contracts to buy or sell an asset at a future date and price

• Options give the buyer the right, but not the obligation, to buy or sell an asset at a certain price before a certain date

• Derivatives are commonly used in the stock market, commodities market, and f
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Q2. Presently Which stock will you suggest for investment to clients.
Ans. 
I cannot provide a specific stock recommendation as it goes against company policy.
• As a Relationship Manager, I am not authorized to provide specific stock recommendations to clients.

• It is important to follow company policy and regulations to maintain ethical and professional standards.

• Instead, I can provide general market insights and trends to help clients make informed investment decisions.

• It is also important to un...read more
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Q1. Tell me about your self?
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Q2. Why Should i hire you
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Q3. Skill suitable for job
Ans. 
The skill suitable for a Relationship Manager is excellent communication and interpersonal skills.
• Ability to build and maintain relationships with clients

• Active listening and problem-solving skills

• Negotiation and conflict resolution skills

• Ability to work under pressure and meet targets

• Knowledge of financial products and services

• Strong organizational and time management skills
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Average hard level Online computer based test

Topic Was Social media effect on human beings

Q1. What is current interest rate.?
Ans. 
The current interest rate varies depending on the type of loan or investment, as well as economic conditions.
• Interest rates can differ for different types of loans such as mortgages, personal loans, and car loans.

• Interest rates for investments like savings accounts, CDs, and bonds are also subject to change.

• The Federal Reserve may adjust the federal funds rate, which can impact overall interest rates in the economy.
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Q2. You have a bike..?
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Q3. What is actual work of relationship manager
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