Embarking on the job hunt, you've likely stumbled upon the need for a standout asset manager cover letter. Crafting this letter can be tricky; you don't want to echo your resume but rather spotlight a shining professional achievement and weave a compelling narrative around it. Striking a balance between formality and originality is key, dodging the overused phrases that can make your application blend into the pile. Remember, brevity is your ally—keep it to one powerful page.
- Making excellent use of job-winning real-life professional cover letters;
- Writing the first paragraphs of your asset manager cover letter to get attention and connect with the recruiters - immediately;
- Single out your most noteworthy achievement (even if it's outside your career);
- Get a better understanding of what you must include in your asset manager cover letter to land the job.
Let the power of Enhancv's AI work for you: create your asset manager cover letter by uploading your resume.
If the asset manager isn't exactly the one you're looking for we have a plethora of cover letter examples for jobs like this one:
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Asset manager cover letter example
ALEXANDER TAYLOR
Jacksonville, Florida
+1-(234)-555-1234
help@enhancv.com
- Job Relevance: The cover letter highlights the candidate's previous role as a Payroll Director, a direct correlation to the payroll position, showing a strong background and relevant experience.
- Quantifiable Achievements: It mentions a noteworthy achievement of improving payroll processing accuracy by 30%, giving a tangible measure of the candidate's impact in their previous employment.
- Compliance Knowledge: Emphasizes the applicant's familiarity with state and federal regulations, which is critical for payroll positions to ensure legal compliance.
- Call to Action: The closing paragraph invites the hiring manager to make contact, demonstrating the candidate's eagerness and proactive approach to the recruitment process.
Five tips on formatting your asset manager cover letter
Do you want to make a good impression on recruiters and, at the same time, follow the best industry advice on writing your asset manager cover letter?
Make sure to include the following:
- Header and Salutation;
- Introductory paragraph;
- Body paragraph;
- Closing paragraph;
- Signature (this one is up to you).
Remember to use the same modern, simple font for your asset manager cover letter as you did for your resume (e.g. Lato, Rubik, etc.)
Ensure your asset manager cover letter is single-spaced and is wrapped around a one-inch margin, like in our cover letter templates.
Once completed, use our cover letter builder to export your asset manager cover letter in the best format to keep your information intact - PDF.
At the end of the day, your asset manager cover letter won't be assessed by the Applicant Tracker System (ATS) software, but by the recruiters. Your information should thus be legible, organized, and follow a structured logic.
The top sections on a asset manager cover letter
- Header: This section should contain your contact information, the date, and the employer's contact information, setting a professional tone and making it easy for the recruiter to reach out to you.
- Introduction: Your introduction must capture the recruiter's attention, clearly stating the position you're applying for, and offering a snapshot of your qualifications specific to asset management such as experience with investment strategies or portfolio optimization.
- Market and Investment Philosophy Mastery: Within the body, this section should demonstrate your understanding of market trends, investment vehicles, and the ability to develop or manage investment portfolios, as these are critical competencies for an asset manager.
- Client Relationship and Asset Growth Strategies: Another section of the body should specifically highlight your track record in client management, communication skills, and how you've successfully grown assets under management in previous roles.
- Closing & Call to Action: Conclude by reiterating your interest in the asset manager position, summarizing your key attributes, and inviting the recruiter to discuss your potential contributions to the firm, signaling your proactive attitude and dedication to achieving investment success.
Key qualities recruiters search for in a candidate’s cover letter
- Strong analytical and quantitative skills: Asset managers need to evaluate complex financial data to make informed investment decisions.
- Deep knowledge of financial markets and investment products: Understanding different asset classes and financial instruments is crucial for constructing and managing investment portfolios.
- Risk management expertise: Ability to assess and mitigate risks to protect investments and achieve targeted returns.
- Exceptional communication and client service abilities: It's important to effectively communicate investment strategies and performance to clients and stakeholders.
- Proven track record of investment performance: A history of meeting or exceeding investment benchmarks demonstrates expertise and inspires confidence.
- Professional certifications and education: Credentials such as CFA (Chartered Financial Analyst) or an advanced degree in finance or economics indicate a strong professional background and commitment to the field.
How to greet recruiters in your asset manager cover letter salutation
As the saying goes, "You never get a second chance to make a first impression."
Write your asset manager cover letter salutation to be more personalized to the actual hiring manager, who is set to assess your profile by:
- greeting them on a first-name basis, if you have previously communicated with them (e.g. "Dear Sam,");
- using their last name, if you have more formal communication or haven't spoken to them (e.g. "Dear Mr. Harrows" or "Dear Ms. Marshall");
- writing "Dear HR Team" or "Dear Hiring Manager", if you have no clue about who's recruiting for the role.
Search on LinkedIn, Google, or the company website to find information as to the recruiter's name.
In any case, avoid the impersonal "Dear Sir or Madam".
List of salutations you can use
- Dear Hiring Manager,
- Dear [Company Name] Team,
- Dear [Hiring Manager's Name],
- Dear Mr./Ms. [Last Name],
- Good Morning [Hiring Manager's Name],
- Good Afternoon [Hiring Manager's Name],
How to start your asset manager cover letter introduction
The opening paragraph of your asset manager cover letter can seem like a real enigma.
Where do you start writing?
In your asset manager cover letter introduction, focus on yourself by stating what:
- gets you motivated and excited about the role;
- you like best about the company, from culture to awards.
Write no more than two sentences, which are both authentic and show your enthusiasm for the opportunity.
What to write in the middle or body of your asset manager cover letter
Here's where it gets tricky.
Your asset manager cover letter body should present you in the best light possible and, at the same time, differ from your resume.
Don't be stuck in making up new things or copy-pasting from your resume. Instead, select just one achievement from your experience.
Use it to succinctly tell a story of the job-crucial skills and knowledge this taught you.
Your asset manager cover letter is the magic card you need to further show how any organization or team would benefit from working with you.
Ending your asset manager cover letter: a closing paragraph with a promise
If you're thinking of finishing your asset manager cover letter with a "Sincerely yours" or "Thanks for the consideration," you need to read on.
End the final paragraph of your asset manager cover letter with a twist:
- a promise - of how you'd grow as a professional, part of the company, or improve organizational metrics;
- a call to action - prompt interviewers with some follow-up actions if they are interested in your profile.
A personalized ending would surely help you to stand out by being a memorable candidate.
What could you write about in your asset manager cover letter when you have no experience
Candidates with zero professional experience often struggle to write their asset manager cover letter.
You may lack experience, but your application could still be impressive when you focus on your strengths.
Consider your most relevant talents (and/or one achievement) that align with the role and help you stand out.
Perhaps you spent every summer volunteering at your local dog pound - think of the job-relevant skills this experience taught you.
Sharing your tangible career goals is another good strategy to stand out.
Key takeaways
Summarizing the most important aspects in writing your asset manager cover letter, remember to:
- Create a personalized asset manager cover letter for each role you apply for, that includes the recruiter's name in the salutation;
- Format your asset manager cover letter with single-spacing, one-inch margins, and a modern, yet ATS-friendly font;
- Always start off your asset manager cover letter with two sentences that reflect what is most important about your application;
- Your asset manager cover letter body should feature your biggest accomplishments and the job-relevant skills it has taught you;
- Instead of opting for the "Sincerely yours" ending, close your asset manager cover letter with a nod to the future with what you aim to achieve in this potential role.
