Responsibilities with this job can be very important because in many cases, there can …show more content…
The job expects that the workers walk and stand minimally, while majority of the time sitting. There are not many dangerous situations while working, but there does include lifting small books, carrying papers, and some other materials. Being physically fit isn’t something that is very important for the job because all work is to be completed indoors. (Iowa)
There are also many other things that are needed to be met in order to work as a Personal Financial Advisor. The first thing is the ability to read small fonts, as well as reading text from far away. Another small skill that is needed is the ability to understand what other people are trying to say. This is important because if there is a language barrier, then it will make it hard for both the clientele and the advisor to communicate with each other. (Iowa)
Being a Personal Financial Advisor, there are numerous skills and degrees that are needed to be obtained before seeking employment. The first step is earning a bachelor’s degree, but a master’s degree looks much more appealing to many companies. To be more specific, you must select a concentration around math, economics, business or accounting. In order to achieve a master’s degree, the concentration is in a Master of Business Administration. …show more content…
This test will showcase your level of knowledge in financing and help determine your chances of getting a job. The training that you will gain is from on the job work, as well as some internships. After you pass the test and earn a job, then you must complete 30 hours of credits every two years for the rest of your career to make sure that you gain knowledge and skills. (Learn.org)
Looking into the future with a job outlook in financial advising, reports show that it is definitely positive with 30 percent. Many different companies in various fields are in high demand to hire Personal Financial Advisors. For example, Financial Investments are looking at 71,950 people. Security and brokerage companies are employing about 57,000 people, and management companies are employing about 7,000 people. (All Business)
The median earnings for a Personal Financial Advisor is roughly $81,000. The annual wage varies from state to state, and also from the amount of years’ experience that a person has. Most people start out earning $35,000-$52,000, but with people who have a lot of experience can ear over $175,000 a year.