Financial Advisor Job Description: Top Duties and Qualifications

A Financial Advisor, or Financial Consultant, is responsible for providing businesses and individuals with sound advice regarding their financial planning and investments. Their duties include meeting with clients to establish their needs and obtain financial statements, using financial statements and legislation to develop financial plans to maximize profitability or reduce debts and researching investment opportunities for clients.

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Financial Advisor duties and responsibilities

A Financial Advisor is responsible for educating clients on the products and services available to help them best utilize their available funds and achieve important monetary goals. This professional’s job duties include:

  • Meeting individually with clients to determine their financial objectives, risk tolerance, income, expenses and assets
  • Offering strategic advice on products and services, such as investments, insurance coverage and debt management tools
  • Securing stocks and bonds and establishing progressive savings accounts
  • Moving money from accounts per industry and federal regulations
  • Performing market research to stay current with financial trends
  • Preparing financial documents, such as income projections and investment reports
  • Maintaining compliance with all rules and regulations in the financial industry
  • Identifying and pursuing potential clients to maintain a strong client base

Financial Advisor Job Description Examples:

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Financial Advisor

We are looking for confident, personable and driven individuals to serve as financial representatives. As an AXA Advisors' Financial Advisor, you will prospect for potential clients, both individual and corporate, and develop a practice within the financial services industry. Our most successful Financial Advisors are those who consistently build relationships and leverage them into business opportunities.

Financial Advisor Responsibilities:

  • Prospecting and networking via face-to-face meetings with potential clients.

  • Closing and executing finance and sales transactions.

  • Servicing existing clients.

  • Analyzing and compiling finance presentations.

  • Attending finance training sessions and meetings.

  • Pursuing personal and professional development via individual study and continuing finance education courses which can include pursuit of Certified Financial Planner (CFP) designation.

    Financial Advisor Requirements:

  • You must have a strong entrepreneurial spirit bolstered by confidence, persistence and a high degree of personal integrity.

  • It is expected that you will utilize the finance knowledge that you have gained and the networks that you have built in your professional life in order to develop and expand your career as a Financial Services Representative.

  • 4 year degree.

  • Excellent communications skills, verbal and written.

  • Authorization to work in the Unites States.

  • Sales and finance experience is helpful, but not required.

    Financial Advisor Benefits:

    As an AXA Advisors' Financial Advisor, you can look forward to a paid training program, career advancement opportunities within the company, and the potential for a high income.The extensive compensation package available to eligible Financial Services Representative includes:

  • Base pay & commission or commission & bonus.

  • Health, dental, life and disability insurance.

  • 401(k) plus employer match.

  • Pension.

  • Stock-purchase plan, stock options and share plan.

  • Deferred compensation.

    About AXA

    As on of our Financial Professionals, AXA Advisors gives you the tools you need in order to build your own base of clients. Our first-rate training programs, dedicated support staff and multitude of competitive products provide you with ample resources with which to serve your clients' financial needs.

    If you want to unlock your potential as a financial sales rep, apply to join our team at AXA Advisors! AXA Advisors, LLC is one of the most respected and growing financial services companies. With our 5,000 financial professionals in the US and Puerto Rico, AXA Advisors, LLC is positioned with the strength and resources to help talented people reach their potential. We continue to work together toward our shared ambition of becoming the preferred company in the industry by differentiating ourselves through the quality of our products as well as through our service and solid performance.Equal Opportunity Employer M/F/D/V.

    Job Type: Full-time

    Salary: $50,000.00 /year

    Additional Compensation:

  • Commission

  • Bonuses

    Benefits:

  • Health insurance

  • Dental insurance

  • Vision insurance

  • Retirement plan

  • Work from home

  • Flexible schedule

  • Parental leave

  • Relocation assistance

  • Professional development assistance

  • Tuition reimbursement

    Schedule:

  • Monday to Friday

    Benefit Conditions:

  • Only full-time employees Temporarily due to Covid-19
  • ×

    Financial Advisor

    We are looking for success minded people who want to make a positive impact in their community.

    The Financial Advisor role is all about helping people solve their financial challenges and securing their financial future.

    Why Thrivent?

    Thrivent is a Fortune 500 company with an A++ [website] Best rating. Our organization has been in operation for over 100 years and we currently serve over 2 million members nationwide. For several years Thrivent has been voted one of the "World's Most Ethical Companies".

    We are growing like never before to serve new members in new markets, and to create opportunities for people who share our passion to make a positive difference in people's lives.

    Our Growth Is Your Opportunity!

    Our national, membership-owned organization of Christians offers a unique blend of faith, finances and generosity. With a full range of financial products and services, you'll help people create a strategy that reflects their values, provides for their families and protects their future.

    At Thrivent, our Financial Advisors receive:

  • Comprehensive training and mentoring

  • Innovative business and marketing support

  • Great benefits including 401(k), medical, dental, vision, and disability insurance

  • Performance based compensation (unlimited earning potential)

    Position Overview

    As a Thrivent Financial Advisor, you'll:

  • Have the freedom of working independently. You'll run your own business with support of leaders and mentors.

  • Help people meet their financial goals by executing our proven advice sales process with new and existing members.

  • Explore with members the many ways their money choices can reflect their values.

  • Have the opportunity to work with churches, and other groups adding value to the community

    Position Requirements

  • Bachelor’s Degree or equivalent work experience required

  • Sales and finance experience is helpful, but not required

  • Obtain state insurance licenses with required lines of authority (life, health and variable contracts)

  • Obtain and maintain Finra Series 6 and 63 registrations

  • Satisfactory background check and/or insurance licensing verification, if applicable.

    This is a commission based opportunity once fully licensed.

    Let's talk about what it takes to earn $100,000 a year in this industry.

    Apply TO Learn More!

    Thrivent is committed to providing an Equal Employment Opportunity (EEO) without regard to race, religion, color, gender, gender identity, national origin, age, disability, marital status, citizenship status, military or veteran status, sexual orientation, sex, genetic information, or any other status or condition protected by applicable state or federal laws. This policy applies to all employees and job applicants.

    Job Type: Full-time

    Salary: $0.00 to $75,000.00 /year

    Additional Compensation:

  • Commission

  • Bonuses

    Work Location:

  • Multiple locations

    Benefits:

  • Health insurance

  • Dental insurance

  • Vision insurance

  • Retirement plan

  • Work from home

  • Flexible schedule

    Paid Training:

  • Team Monday to Friday
  • ×

    Financial Advisor

    We welcome all with or without experience

  • in the Financial industry. If you are an experienced Financial Advisor or someone who is looking to learn the industry from scratch we have a place for all. We are looking for residents in these states specifically, NY, NJ, FL, CT, PA, MA, MD, NC, SC.

    WE Have Opened AN Online Remote Division!

  • We are normally located in Long Island, NY but as of now due to Covid-19
  • we are working remotely and will give hires the choice in the future if they want to attend office or continue to work remotely. This position will be held through Zoom APP/GoToWebinar which are downloadable for free through IPads/Tablets/computers of most sorts and all smart phones.

    Join one of the largest Financial Companies in North America! We want the right People,

  • not the right "experience". We value character and morals over anything else and we will train anyone we feel is the right fit for our office and environment.

    If you are a motivated

  • and hardworking person
  • who enjoys helping people, enjoys learning, and enjoys teaching others, than this could be a great fit for you.

    Learn the finance world, Great opportunities for growth. Looking to fill Asap. Positions can be fully remote or for faster success can attend office as well when applicable. There is a brief training requirement for state licensing which is ALL done online (If already Licensed this is not applicable). YOU Will BE Required TO Obtain A State License IN Your State. (You can be located outside of NY). If you are not willing to obtain a state license we kindly ask to not apply.

    Responsibilities:

    -Collaborate with marketing on lead quality and conversion

    -Market products that the company provides through multiple marketing outlets (ex: social media, networking, referrals, etc)

    -Help Regional Manager develop and grow market share

    -Phone calls to potential clients

    -Answer customer inquiries in a timely and professional manner

    -Organize client correspondence and paperwork

    -Learn how to prepare reports and presentations

    -Help to maintain a positive and welcoming office environment to all clients and teammates (If in office position)

    Qualifications:

    -Ability to build rapport with clients

    -Effective verbal and written communication skill

    -Must have a great work ethic (able to work independently and with team members)

    -Must enjoy helping others

    -Must be a team player

    -Must be willing to go through proper training and follow the program

    Bilingual a plus

    We look forward to speaking with all potential candidates.

    Apply to your future!

    Job Types: Full-time, Part-time

    Salary: $0.00 to $1,500.00 /hour

    Experience:

  • sales: 1 year (Preferred)

    Education:

  • High school or equivalent (Required)

    Work authorization:

  • United States (Required)

    Additional Compensation:

  • Commission

  • Bonuses

  • Other forms

    Work Location:

  • Multiple locations

  • Fully Remote

    Benefits:

  • Retirement plan

  • Work from home

  • Flexible schedule

  • Professional development assistance

  • Key Other
  • What does a Financial Advisor do?

    Financial Advisors typically work for banks, investment firms or financial services, but they may also be self-employed. They work closely with clients and finance professionals to strategize ways to enhance profitability or minimize debt expenses. Their job is to meet with clients to help them develop wealth management strategies and other long-term financial practices to maximize their wealth into the future. They may also be responsible for assisting clients in creating a long-term budgeting plan based on their income, personal expense needs and outstanding debts.

    Financial Advisor skills and qualifications

    A Financial Advisor uses many soft skills and a variety of industry expertise to help clients reach their financial goal and improve their employer’s business, including:

    • In-depth understanding of employer, industry and federal regulations
    • Knowledge of financial options, including investments, loans, savings accounts and stock options
    • Expertise in financial planning and investment strategies
    • Familiarity with the securities, mutual fund and insurance industries
    • Advanced ability to analyze and explain market data
    • Proficiency with word processing, spreadsheet, database and financial planning software
    • Analytical thinking skills and the ability to assess clients’ needs
    • Excellent communication abilities, including writing, speaking and active listening
    • Effective sales, presentation and customer service skills
    • Good organization and time management skills

    Financial Advisor salary expectations

    A Financial Advisor makes an average of $68,556 per year. Salary may depend on level of education, experience and geographical location.

    Financial Advisor education and training requirements

    Financial Advisors typically need a minimum of a bachelor’s degree in a related field, such as finance, accounting, economics or business. A master’s degree in finance or business administration can demonstrate advanced industry knowledge. Though not required, the Certified Financial Planner (CFP) certification from the Certified Financial Planner Board of Standards can demonstrate a candidate’s expertise in the processes and best practices of the role.

    Financial Advisors who buy or sell stocks, bonds and insurance products must be licensed for the products they work with. Advisors in small firms must register with state regulators, while those working for large firms must register with the Securities and Exchange Commission.

    Financial Advisor experience requirements

    Many entry-level candidates should receive on-the-job training of a year or more to work under the supervision of senior staff members learning how to develop a client base and build strong financial portfolios. Other candidates with proven experience in the financial industry, such as sales, business management or in another finance position, may not require as extensive a training program. Proven experience as a Financial Controller, Specialist or Planner demonstrates a candidate’s ability to successfully evaluate clients’ situations and develop effective strategic financial plans. 

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    If the job description for the Financial Advisor does not suit your needs, view descriptions for related professions:

    Frequently asked questions about Financial Advisors

     

    What is the difference between a Financial Advisor and an Investment Advisor?

    The difference between a Financial Advisor and an Investment Advisor lies in their areas of expertise and the types of services they offer to their clients. For example, Financial Advisors work with clients to develop financial plans that help them reduce debt, set budgets or maximize their profits. They may also assist their clients in smart investing practices. 

    In contrast, Investment Advisors specialize in helping their clients develop investment portfolios, identify market trends and determine how much they should invest and where to invest. Investment Advisors also conduct assessments on their client’s current investments to help them decide whether to sell or increase their investments.

     

    What are the daily duties of a Financial Advisor?

    On a typical day, a Financial Advisor starts by checking their email and voicemail to respond to service queries and time-sensitive messages from existing clients. Financial Advisors working at finance firms receive new client assignments from management and contact them to introduce themselves and establish a meeting time. Throughout the day, Financial Advisors travel to their client’s businesses or homes to talk with them about their needs and concerns. 

    Once back at their office, Financial Advisors develop financial plans for their clients based on their current goals and financial stability. They also use time at their office to read finance articles and review laws and regulations from government agencies like the United States Department of Treasury.  

     

    What qualities make a good Financial Advisor?

    A good Financial Advisor uses their extensive professional background in accounting or financial planning to help others achieve their financial goals. They need to have a personable nature that allows their clients to feel comfortable addressing their concerns. Further, a good Financial Advisor also needs to have a strong ethical code. This is important as they have access to their client’s financial records and account information. 

    A good Financial Advisor also maintains up-to-date knowledge of current financial planning practices and laws or regulations relating to finances. Their eagerness to complete industry research ensures that their clients receive expert professional help.

     

    Who does a Financial Advisor report to?

    A Financial Advisor typically reports to their Firm Manager or Bank Manager if they work for a financial establishment. However, self-employed Financial Advisors may report directly to their clients.

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      Last updated: Apr 28, 2021