Tony C

Block: B

Investment/Financial Advisor

Focus area
As an investment advisor, leadership is very important. The main part of this career is to advise
and suggest what the best financial options are for their client to meet their financial and life
goals.

Developing relationships with your professional advocates is perhaps the greatest professional
development tool at the hands of any advisory team.

Time spent with your clients can provide a wealth of knowledge, not just about potential to grow
your relationship with them, but to create new relationships with the heirs of their wealth, and
other people within their network of friends, family, and professionals.

Understanding financial markets - Advisor needs to understand how changes in the marketplace
affect client investment holdings

Job Description
Investment advisors assist clients by providing investment advice and recommend the purchase
or sale of securities. An advisor evaluates a client's income, assets, age, tax burden and financial
expectations. They help their client identify their financial goals and recommend investments to
assist in achieving those goals. Financial planners also can develop personal financial plans for
clients covering cash management, finances, insurance coverage, investments, retirement and
estate planning,and legal matters. They analyze clients' financial records, set goals, develop a
financial strategy, and advise clients on implementing the financial plan to help them achieve
their goals. Financial planners may also arrange for the purchase and sale of financial products
and investments. Depending on the licence held, they monitor the portfolio to ensure its quality
and profitability to help expand business and attract new clients.

Salary Range
Depending on where you end up as an investment advisor, you wont be having to worry about
pay. If clients or the company you work for sees that you're doing a good job you can have a
bonus.

Working Conditions
Investment advisors often work extended hours and some travel may be required to visit
customers. Financial advisors mainly work for financial and insurance companies. They typically
work in offices. Some also travel to attend conferences or teach finance classes in the evening to
bring in more clients. The work of financial advisors tends to be less stressful than other banking
related jobs.

Health and Safety

There are many hazards when working in an office environment including incorrect workstation
setup, poor lighting, poor layout of furniture and equipment, poor housekeeping, electrical
hazards and equipment hazards. Throwing out your back and paper cuts hurt!
Personal Qualities
Being relatable and personable- it is important to make good connections with your clients to
build up a relationship
Knowledge- Investment advisors should know information on retirement, savings, education
funds, bonds and stocks.
Listen- You have to listen to know what your client wants financially and try to help them reach
their goals. Also it helps to get to know your client a bit more.
Math skills- They constantly work with numbers determining the amount invested and if it the
amount has increased or decreased overtime.
Analytical skills- Must be able to determine investment portfolios for clients and being able to
make risks.
Education Needed

A university degree or college diploma in business administration, commerce, economics or a

related field is usually required. A master's degree in business administration, finance or
management science may be required for the management of large commercial loans.
Completion of company or other management training programs is usually required. Several
years of experience within the industry, including supervisory experience, are required.

Employment Forecast

This outlook is the result of an analysis of a number of factors that influence employment
prospects in this occupation. Some of the key findings are that:
Employment growth is expected to be moderate.
A large number of people are expected to retire.
This occupation has recently experienced low levels of unemployment.
Here are some key facts about Other financial officers in the British Columbia region:
Approximately 16,800 people work in this occupation.
Other financial o fficers mainly work in the following sectors:
Monetary Authorities - central bank and securities, commodity contracts and
other intermediation and related activities (NAICS 521, 522, 523): 75%
Insurance Carriers and related activities (NAICS 524, 526): 12%
70% of Other financial officers work all year, while 30% work only part of the year,
compared to 60% and 40% respectively among all occupations. Those who worked only
part of the year did so for an average of 38 weeks compared to 32 weeks for all
occupations.
53% of Other financial officers are self-employed compared to an average of 17% for all
occupations.
They fall into the following age groups:
15 to 24: less than 5% compared to 12% for all occupations
25 to 54: 75% compared to 67% for all occupations
55 years and over: 22% compared to 20% for all occupations
 The gender distribution of people in this occupation is:
Men: 58% compared to 52% for all occupations
Women: 42% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
No high school diploma: less than 5% compared to 9% for all occupations
High school diploma or equivalent: 12% compared to 27% for all occupations
Apprenticeship or trades certificate or diploma: less than 5% compared to 11% for
all occupations
College certificate or diploma or university certificate below bachelor's: 36%
compared to 26% for all occupations
Bachelor's degree: 33% compared to 17% for all occupations
University certificate, degree or diploma above bachelor level: 14% compared to
10% for all occupations

Advantages
Work hours are usually pretty good,once you have established yourself in the industry. For most
financial advisers, there is no limit on earning potential and is commissioned based.
Disadvantages
You can experience a great deal of stress when starting this career. Starting a career as a financial
adviser is not an easy task. Most financial services firms have sales quotas to be met each month,
which means that, until a robust client base is established, advisers are constantly in need of new
prospects

Conclusion
To be an investment advisor you have to be dedicated and love to interact with clients. It may be
difficult when you just. Starting up but when you reach the top theres no going back.