Financial Advisor Job Profile and Description

A financial advisor has a job profile that varies from one client to another and he or she can play the role of a broker, stockbroker, financial consultant, and account executive. The primary job of a financial advisor is to help their clients in making good buying or selling decision involving different types of securities like stocks and bonds. Off late, a financial advisor also participates in informing their clients about various financial options available for investment, and helps them to achieve their financial goals. Financial advisors work primarily with retail clients, institutional or business clients, and securities firms.

Financial Advisor Duties and Responsibilities

The duties and responsibilities of a financial advisor will involve:

  • Counsel their clients on various financial investment opportunities
  • Judge a client’s tolerance for risk and accordingly help them to achieve their financial goals
  • Keeping abreast regarding latest financial information and keep an eye on the functioning and movement of the financial markets
  • Constantly monitor specific and generic investments in their clients’ portfolios and offer advice accordingly
  • Devise and implement debt liquidation plans based on client specific requirements
  • ·         Draw up financial plans for clients on an annual basis and implement those plans to maximize financial benefits

Financial Advisor Skills and Specifications

The skills and specifications that are required by a financial advisor include:


  • High sales acumen and relationship building skills
  • Ability to thrive in high pressure client focused environment
  • Knowledge of the money market and the trends
  • ·         Strong analytical skills and proficiency in computers

Financial Advisor Education and Qualification

The education and qualification requirements for a financial advisor are as follows:

  • A bachelor’s degree in finance, accounting, business, or economics
  • NASD Series 7, 63, 65 or 66 license, and applicable state insurance license
  • ·         2-3 years of experience as a financial sales professional

Financial Advisor Salary

The salary of a financial advisor can vary from $27,986 to $32,021 depending on the type of establishment they are working for.

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