Personal Financial Advisors
Also called:
Financial Advisor, Portfolio Manager, Financial Planner, Account Executive
What they do:
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.
On the job, you would:
- Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
- Answer clients' questions about the purposes and details of financial plans and strategies.
- Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
Business
- customer service
- accounting and economics
Arts and Humanities
Math and Science
- arithmetic, algebra, geometry, calculus, or statistics
- psychology
Engineering and Technology
- computers and electronics
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Basic Skills
- listening to others, not interrupting, and asking good questions
- reading work related information
Problem Solving
- noticing a problem and figuring out the best way to solve it
People and Technology Systems
- thinking about the pros and cons of different options and picking the best one
- figuring out how a system should work and how changes in the future will affect it
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Verbal
- communicate by speaking
- listen and understand what people say
Ideas and Logic
- make general rules or come up with answers from lots of detailed information
- use rules to solve problems
Math
- add, subtract, multiply, or divide
- choose the right type of math to solve a problem
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People interested in this work like activities that include
leading, making decisions, and business.
They do well at jobs that need:
- Integrity
- Dependability
- Attention to Detail
- Concern for Others
- Persistence
- Analytical Thinking
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You might use software like this on the job:
Financial analysis software
- Finance Logix Retirement Planner
- Ibbotson Portfolio Strategist
Customer relationship management CRM software
- ACT! ACT4Advisors
- Microsoft Business Contact Manager
Document management software
- Financeware Finance File Manager
- SunGard LockBox
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bachelor's degree or
master's degree
usually needed
Get started on your career:
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New job opportunities are very likely in the future.
$66,580
per year, on average
This work is part of the .
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You might like a career in one of these industries:
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