Financial Advisor Job Profile and Description

A financial adviser provides financial planning and investment advice to individuals, corporate organizations and governments. The main role of the financial advisor is to help the involved parties to maintain a good balance of investment earnings, assets and an acceptable risk level. Often times, the financial advisory services are sought when the client wants advise regarding financial investments such as stocks, bonds, mutual funds and other investment strategies. The services provided by a financial advisor usually make strategizing for events such as huge asset acquisition or retirement easier for the clients.

Duties and Responsibilities

  • Giving the most ideal advice to a client depending on his short or long term financial goal
  • Considering the clients financial needs and giving him the best possible advice depending on his financial situation
  • Discussing and evaluating the financial and investment needs of each client
  • Offering the best possible asset management advice
  • Advising clients on how best they can fund specific projects they would like to undertake
  • May undertake retirement planning for clients
  • Advise clients on the best real estate investment opportunities available in a specific market
  • When employed by a mutual fund, the financial advisor is responsible for pooling the shareholder’s wealth and investing the same in viable group assets according to the fund’s objectives.
  • Assures that the willingness of a client towards a specific investment decision is complimented  by a clear understanding of the risks involved
  • Helps the client balance the acquisition of assets against the need to liquid cash to meet his day to day expenses

Skills and Specifications

  • Good communication skills
  • A proven record of acting for the best interests of the investor
  • Must possess the necessary financial knowledge in insurance, retirement accounts, tax services and financing accounts
  • Must be registered as a financial advisor with the necessary authorities
  • Trustworthy
  • Objective

Education and Qualifications

  • A minimum of a bachelor’s degree in Financial Accounting
  • An MBA and/or a CPA will be a great advantage