Financial Advisor Job Description
Financial Advisor Duties & Responsibilities
To write an effective financial advisor job description, begin by listing detailed duties, responsibilities and expectations. We have included financial advisor job description templates that you can modify and use.
Sample responsibilities for this position include:
Work closely with client's long-term goals, financial needs, tax situation and tolerance for risk
Develop and execute a plan to help each client reach their goals in the most prudent way
Monitor client plans and its progress
Report to the Managing Director
Communicate with clients on an ongoing basis
Deliver a superior level of service to customers in relation to advice on personal finance needs
Develop and maintain knowledge of the business processes and products
Ensure all interactions with customers and referral partners are carried out in an accordance with all prevailing codes
Business development is a major part of this role and will be required to be successful in achieving KPIs
Become involved in the coaching and mentoring of referral partners to optimise the user experience
Financial Advisor Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Advisor
List any licenses or certifications required by the position: CFP, CSC, IFC, VA, CPA, MSMS, CIA, CFA, EMBA
Education for Financial Advisor
Typically a job would require a certain level of education.
Employers hiring for the financial advisor job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Finance, Accounting, Business/Administration, Economics, Education, Health Insurance, Communication, Management, Computer
Skills for Financial Advisor
Desired skills for financial advisor include:
Competitive offers
Local market
Comply with Bank and industry codes of conduct and with securities laws and regulations
Customer life cycle needs
Economic trends
TDCT products and services
Advanced investing and credit processes
Banking solutions and concepts in order to provide personalized advice to customers in a fast-paced work environment
Consumer lending practices
Credit analysis and industry compliance standards
Desired experience for financial advisor includes:
Responsible for developing and maintaining financial and investment relationship with High Net Worth individuals, while appropriately managing client assets and brokerage accounts
Provide advisory and execution capabilities to high net-worth individuals and families, private and public corporations small to mid-sized institutional investors
Research and analyze investment opportunities for clients, including assessing the risks involved, the returns required and the potential for short and long term gains, ultimately making trading recommendations to clients
Trade U.S. and foreign securities
You must have completed the Certificate in Financial Services Advice, offered through the CSI
Minimum of 5+ years of direct client experience within the financial services industry
Financial Advisor Examples
1
Financial Advisor Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of financial advisor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for financial advisor
- Achieve performance targets by bringing clients through the advice process
- Develop client relationships with new and existing clients
- Establish and develop relationships with staff in supporting organisations
- Provide professional best advice in developing clear financial plans for new and existing clients
- Adhere to strict risk management procedures
- Identify financial requirements and develop clear financial plans for new and existing clients in relation to a range of retail products
- Ensure that the highest level of customer service is provided on a consistent basis
- Develop relationships with new and existing clients in line with targets and standards
- Ensure full compliance with all relevant company policies, procedures and legal and regulatory requirements
- Strong business development element to this role - generation of new leads/client relationships is key
Qualifications for financial advisor
- North Carolina Life and Health
- A proven track record with a minimum of 3 years of successful investment and insurance sales experience
- State Life and Health Insurance with a clean U-5
- Solid work experience preferably 2-3 years in one position & industry experience in financial services, retail, hospitality, travel considered strong asset
- Total cumulative unit production levels of 1600 is required
- Must have the Mutual Funds accreditation (IFIC or CSC)
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Financial Advisor Job Description
Job Description Example
Our growing company is hiring for a financial advisor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for financial advisor
- Fully QFA qualified and up-to-date on all CPD requirements
- Proven ability to work under pressure with a solutions-focused attitude
- Proven ability to succeed in a target/KPI driven environment
- Strong ability to work on own initiative but also as part of a team
- Identify financial requirements and develop clear financial plans for new and existing clients in relation to a range of personal finance solutions
- Strong consultative, negotiation and problem solving skills to identify and address issues
- Having an unprecedented will to strive for excellence in a performance driven environment
- Ability to naturally be organized and detail oriented in all processes
- Manage client portfolios on an ongoing basis and continue to build and retain your assigned client base
- Provide one-time advice to clients as appropriate for the client situation
Qualifications for financial advisor
- Must have Certificate of Financial Services Advice to be eligible for PL9 compensation
- Proven selling skills in any industry retail, hospitality, financial services
- Able to work flexible hours depending on branch hours of operation
- Knowledge or fluency in Farsi, Cantonese or Mandarin would be an asset
- Knowledge or fluency in South Asian Languages is an Asset
- 3 to 5 years’ experience as a licensed Assistant, Associate or Financial Advisor
3
Financial Advisor Job Description
Job Description Example
Our company is growing rapidly and is hiring for a financial advisor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for financial advisor
- Address each client's ongoing advisory and wealth management opportunities and provide semi-annual formal reviews of each client's financial situation
- Promote professional development by maintaining an in-depth understanding of financial planning, capital markets and the financial services industry
- Maintain all required licenses and designations
- Identifies, contacts, and meets with prospective clients to complete a suitability review to assess financial situation, including investment goals, experience, investment time horizon, risk tolerance and liquidity needs
- Recommends investment products and/or services to most effectively meet the needs of the client, based on information obtained
- Informs clients of benefits and risks of various investment solutions and makes full disclosure as required in conjunction with selling non-deposit investment products
- Provides on-going customer service and processes clients’ trade orders and money transfers according to customer requests and within regulatory requirements and company policy
- Facilitates branch referral and investment goals by organizing call parties, customer appreciation days
- Conducts annual compliance meeting with all branch associates to ensure adherence to FINRA guidelines
- Meets with existing clients periodically to update client information and to determine needs for changes in investments or investment strategy
Qualifications for financial advisor
- Fluency in a Mandarin and Cantonese is an asset
- Fluency in Farsi is an asset
- Knowledge or fluency in Mandarin and/or Cantonese is an asset
- Knowledge or fluency in a Mandarin and/or Cantonese is an asset
- Knowledge or fluency in Ukrainian and/or Polish is an asset
- Demonstrated ability to develop business relationships
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Financial Advisor Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of financial advisor. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial advisor
- Maintains proper SDC/SPIC signage and current brochures in assigned branches
- Successfully completes required continuing education per insurance and securities regulations
- Develop sales leads through prospecting and branch interaction
- Coach and mentor branch staff on sales techniques
- Profile customers and prospects and assess their financial needs
- Make suitable recommendations
- Develops customer financial profiles to determine suitability of investment products based on financial position, resources, assets available to invest, and financial goals
- Analyzes and determines appropriate financial products for clients for investment purposes, applying knowledge of securities, investment plans, market conditions, regulations, and financial situation of clients
- Provides consultation and recommendations to new and existing on the purchase or sale of securities, financial services, and investment plans, based on specific customer profiles
- Assists with development and implementation of marketing plan for financial institution and/or reviews and maintains customer account statement exception reports, signature guarantee requests and seventeen required records and blotters
Qualifications for financial advisor
- At least 4+ years of increasing financial and distribution management experience in Financial Services that directly aligns with the specific responsibilities for this position
- Fluency in Portuguese is considered an asset
- Fluency in a additional languages is considered an asset
- QFA qualification with a proven track record in a busy customer facing team environment
- Accuracy and attention to detail in completing gathering necessary information to complete factfinds and updating of all records
- Achieve challenging performance targets by bringing clients through the Irish Life advice Process
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Financial Advisor Job Description
Job Description Example
Our growing company is hiring for a financial advisor. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial advisor
- Maintains a list of referrals from institutions and follows through on leads
- Conducts sales contests and focus days for all branches of financial institution
- Submits all sales documents to back office for submission to carriers
- Manages Month End P&L Analysis and Balance Sheet Analysis for the region for review and sign off bring to close any action necessary
- Develops, interprets and implements financial concepts and information for financial planning and control
- Manages technical analysis to determine present and future financial performance
- Utilizes expertise to perform economic research and studies
- Commercial curiosity and business acumen to support different business functions within the company as required
- To interpret data with an ability to see the big picture cross-departmentally and provide insight and input from a financial perspective
- Develop a business plan to achieve and exceed the required performance goals
Qualifications for financial advisor
- Develop client relationships with new and existing clients, continuously working to achieve required targets and standards
- Establish and develop relationships with branch staff in the appropriate Bancassurance partner to ensure bank customers experience the benefits of the advice process
- Provide professional best advice in developing clear financial plans for new and existing clients, while delivering superior customer satisfaction
- Proactively protect, maintain and develop existing Client Bank
- Adhere to appropriate risk management procedures to control, monitor and report on business activities
- Keep up to date with all changes in the commercial environment and completes Continual Professional Development (CPD) on an ongoing basis