What Do Financial Advisors Do?

what do financial advisors do

Financial Advisors

Whether you’re saving for a home of your own, investing for retirement, or planning for your child’s education, a financial advisor can help guide you along the way.

Read on to learn more about what financial advisors do and the top financial advisor jobs available.

What do financial advisors do?

Financial advisors aim to help people effectively manage their money, typically offering advice related to retirement and investing. 

Some also focus on specific market segments such as nonprofits, entrepreneurs, real estate investors, and those in the healthcare industry.  

Typically, a financial advisor will have a broad base of knowledge and experience, so they can advise on a variety of matters. But they also have specialized skills to help clients with specific goals and risk profiles.


Financial advisor education and certification

In addition to completing the educational requirements of the state in which they practice, financial advisors must also have a bachelor’s degree, or an equivalent in finance, economics, or a related field.

They also must complete a program of education related to their work, such as a Certified Financial Planners (CFP) designation, or a Certified Investment Management Analyst (CIMA) designation.

This is to ensure that they’re held to the same high standards as insurance agents and brokers, who are required to be certified.

It also signifies that the person is knowledgeable about state securities laws and has taken the time to be verified.

Wrapping Up | What do financial advisors do 

Financial advisors help their clients achieve financial independence – creating strategies to eliminate financial risk and building wealth over the long term.

If you’re interested in becoming a financial advisor, it may help to think about your goals for managing money and what the day to day looks like in this career path.

We hope this helped – best of luck in your career search!

Title: What do financial advisors do

Category: Guidance

Tags: what does a financial advisor do, what do financial advisors do, financial advisor requirements

Co-Author: Becky is a contributor for theJub. She’s a writing and talent acquisition specialist who loves to apply her skills through creative writing and editing.

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