Vantaggi
As a senior associate with State Street Wealth Manager Services you will gain a significant amount of experience in the administration of client accounts. This is a benefit but also a hinderence as the client service associate is continually asked to take on more responsibility as other internal departments pass on the work load to the client service teams. There is an obvious push for internal departments to have little or NO contact with external clients. This is a poor decision as the client serivce teams do not have sufficient resources to provide a proper level of client service to the divisions clientele.
Svantaggi
As a senior associate, you will have little or no opportunity for professional growth and or promotion with in the division. Current mid level management were not promoted to their positions from within the division, in stead, they transferred in to the divison or were hired externally. As a senior associate, this is extremely frustrating as a you will find yourselft "Training" your manager whom in many cases never performed the duties of the client service administrator. This would not be so bad if management actually solicited input from the client admin staff on important procedural changes; unfortunately current management does not.