How to become a Financial Advisor

How to become a Financial Advisor Want to tell people how they should spend their money? You should be a Financial Advisor…A Financial Advisor’s main role is to offer financial guidance to help clients choose which products are most suitable for their financial situation. This could be insurance, loans, investments, savings, pensions or any other service which may improve a client’s current or future finances.Typical duties for a Financial Advisor include:Meeting with clients to discuss their current financial situation, and future financial goalsDeciding which service offered most effectively helps the client to achieve these goalsExplaining the features and benefits of each option with clients to help inform their decisionAnalysing the market and producing financial reportsRegularly contacting clients to update them about their investmentsIs it right for me?To become a Financial Advisor, excellent communication skills are absolutely essential. You will be working with people of different backgrounds, many of which will have little knowledge of their options, making the ability to simplify complex financial language clearly and concisely similarly important.You will also need to build an excellent rapport with your regular clients, and possess excellent analytical skills in order to be successful in this position.Other key skills include:Approachability, and excellent interpersonal skillsSuperior financial acumenHonesty, reliability and trustworthinessBeing able to listen to clients needsThe ability to maintain objectivity at all timesCareer Progression? Trainee Financial AdvisorUp to 25,000 Financial AdvisorUp to 40,000 Financial ControllerUp to 55,000What's it really like? So many people worry about money these days, and many have no idea what their options are. The best part of being a Financial Advisor is knowing that every day you’re helping people get their finances in order. There’s always something we can do to help clear debt and get themselves back on track, and seeing th e look on someone’s face when you really help their situation feels pretty great. Get qualifiedIt is not a necessary requirement to have a degree to become a Financial Advisor. However, it is a highly competitive industry, and having a specialised qualification like the Financial Advisor Course Level 3 CPD Accredited  or Financial Advisory Management Course can help set you apart to employers.