A Financial Advisor helps clients plan their short-term and long-term financial goals. These goals can vary from saving up for retirement to planning to expand business into a foreign country. Financial advisors can advise a variety of clients, from individuals to large commercial enterprises.
A Financial Advisor will meet with their clients to understand their needs, develop plans to meet those needs, and advise their clients on the best ways to implement those plans. In addition, they will update their clients periodically on the performance of their investments, as well as provide tax and insurance advice.
Financial Advisor responsibilities may include:
The role of a Financial Advisor is to act as a consultant, so they must be experts in their field. In order to effectively analyze client needs, stay on top of industry trends, and make the best recommendations possible, a skilled Financial Advisor will:
Because Financial Advisors largely act as consultants, it’s imperative that they are experts within their field. As a result, most Financial Advisors will possess at least a Bachelor’s degree in a relevant field, with many going on to get an MBA. In addition, they must also pass the FINRA Series 7 and possess at least the 63 Securities Registration.
As the face of the company, Financial Advisors are one of the main points of communication between clients and the company. As such, 1-2 years of sales experience is also preferred.START INTERVIEW NOW START INTERVIEW NOW
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