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Financial Advisor Job Description

Job Descriptions > Banking and Finance > Financial Advisor
Financial Advisor job description and responsibilities
This Financial Advisor job description template includes the list of most important Financial Advisor duties and responsibilities. It can be modified to fit the specific Financial Advisor profile you're trying to fill as a recruiter or job seeker.

Common questions people ask include: What is the job description of a Financial Advisor? What are the duties and responsibilities of a Financial Advisor? What does a Financial Advisor do?

Job Description of a Financial Advisor

Financial advisors provide clients with advice on financial matters, making recommendations on ways to best utilise their money. The role involves researching the marketplace and advising clients on products and services available, ensuring they are aware of and understand those that best meet their needs, and then securing a sale. Financial advisors may advise clients on investments, taxes, estate planning, college savings accounts, insurance, mortgages, and retirement.

Financial Advisor Duties and Responsibilities

Financial Advisor job description should contain a variety of functions and roles including:
  • Analysing information and preparing plans best suited to individual clients’ requirements;
  • Contacting clients with news of new financial products or changes to legislation that may affect their savings and investments;
  • Assisting clients to make informed decisions;
  • Researching information from various sources, including providers of financial products;
  • Reviewing and responding to clients changing needs and financial circumstances;
  • Designing financial strategies;
  • Promoting and selling financial products to meet given or negotiated sales targets;
  • Negotiating with product suppliers for the best possible rates;
  • Liaising with head office and financial services providers;
  • Completing risk analyses;
  • Researching the marketplace and providing clients with information on new and existing products and services;
  • Contacting clients and setting up meetings, either within an office environment or in clients’ homes or business premises;
  • Conducting in-depth reviews of clients’ financial circumstances, current provision and future aims;
  • Meeting the regulatory aspects of the role, e.g. requirements for disclosure, costs of the services provided and also the advised products.
  • Liaising with other professionals, such as estate agents, solicitors and valuers;
  • Keeping up to date with financial products and legislation;
  • Producing financial reports;

Financial Advisor Requirements / Skills / Qualifications

Financial Advisor job description should include these common skills and qualifications:
  • Bachelor’s degree in business, finance or related field.
  • x years of  experience as a Financial Advisor or similar role
  • Life and health license
  • Valid driver’s license
  • Knowledge of securities and insurance industries
  • Proficient in Word, Excel, Outlook and PowerPoint
  • Sense of ownership and pride in your performance and its impact on company’s success
  • Critical thinker and problem-solving skills
  • Team player
  • Good time-management skills
  • Great interpersonal and communication skills
As a hiring manager, recruiting an ideal Financial Advisor starts with crafting a good job description. Use this Financial Advisor job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs. Job seekers interviewing for the role of a Financial Advisor may also reference it in preparation for the interview.

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