Personal Financial Adviser Career


A personal financial advisors career revolves around their clients and their primary goal is to use their knowledge and acquired skills to help their clients in achieving their financial objectives. They play an important role in attracting clients to a financial company, developing meaningful business relationships, and servicing the clients. As a personal financial advisor, one will be responsible for the assessment of their client’s circumstances as well as objectives and based upon the assessment, one will be required to provide individualized or client centric and highly strategic financial investment consulting. A personal financial advisor might have to handle a range of portfolios including those related to wealth building, mutual funds, bonds, stocks, IRAs, insurance, credit & lending, and estate planning among others.

How to become a personal financial advisor:

Those who are interested in pursuing a personal financial advisor career need to hold a bachelor’s degree in finance, accounting, or commerce from an accredited educational institution. Apart from the educational qualifications, one needs to show work experience. The years of work experience will vary from one company to another but the minimum is set at 3 years. In order to become a personal financial advisor, one needs to possess good inter-personal and communication skills, good math’s and account skills, ability to understand the financial market, and knowledge of computers.

Personal financial advisor career courses, training, programs:

Most prospective employers will look for a Bachelor’s degree in accounting or finance from an accredited educational institution as the most basic requirement. A Bachelor’s degree in accounting or finance will introduce one to various aspects that will help one to pursue personal financial advisor career. Some of the areas of study include auditing, accounting, business law, business economics, company accounting, business statistics, taxation law and principles, accounting theory, and external reporting among others.

Personal financial advisor career schools/colleges, education:

There are several top colleges and universities in the USA that offer Bachelor program in accounting or finance.

Top 4 colleges/universities:

University of Pennsylvania (Wharton)

University of Chicago (Booth)

New York University (Stern)

University of California (Anderson)

Personal financial advisor job opportunities, salaries/pay:

According to the market analysis of top consultants, the salary of a personal financial advisor varies from $24,671 – $102,315 per annum. The average salary for a personal financial advisor in the US is $74,427 per annum while the hourly wage for personal financial advisors varies from $20 to $53 per hour.

Category: Finance Careers

Leave a Reply


− 1 = three