The COMPLETE guide to becoming a Financial Advisor

Financial Advisor roles: https://www.premierjobsuk.com/financi...

Differences between DipFA and DipPFS: https://www.premierjobsuk.com/blog/di...

An Overview of the DipFA qualification: What is DipFA: https://www.premierjobsuk.com/blog/ho...

A guide to DipPFS: https://www.premierjobsuk.com/blog/a-...

What do Financial Advisors do?
Financial Advisors help people to manage and plan their current and future finances. Whether that be helping someone plan their retirement or advising you on how to invest and save. When it comes to finances, Financial Advisors have a large breadth of services they can offer advice on.

Throughout every person’s life, their financial needs and goals grow with them. A person who is looking to purchase their first home, for example, will be thinking about mortgages and life insurance. Someone who is growing older may be thinking about retirement plans and pensions. A Financial Advisor can help with all of these things by devising a detailed financial plan. Financial Advisors look at each of their individual clients’ finances and financial goals and try to align the two. This can involve recommending their clients the best savings accounts, mortgages, insurance services, pensions and even investment advice. A large part of a Financial Advisors’ job is the justifications behind the products they advise. Financial Advisors must be meticulous at explaining their process, in order to explain why they have come to the conclusions that they have, instilling trust in their clients.

An average list of duties for a Financial Advisor can look like:

Liaising with back-office staff
Meet performance and sales targets
Providing advice to clients talking through their finances and plans
Travel to meet clients
Stay up to date with current trends in the market
Source new business
Research financial products and explain them simply and clearly
Update clients about their investments
Attend business meeting
Create marketing literature
Remain compliant
Nurture leads
Develop your career and knowledge
Liaise with product providers
Produce financial reports
Keep up to date with new products and law changes
And more!
Of course, you can easily invest in back-office support that may help with some of these duties.

Continued on our blog: https://www.premierjobsuk.com/blog/th...

00:00 - Introduction,
00:27 - What do Financial Advisors do?,
02:34 - How much do Financial Advisors earn?,
03:29 - How long does a Financial Advisor work,
04:00 - The benefits of being a Financial Advisor,
04:53 - What are the types of Financial Advisor,
07:17 -Employed vs Self-employed,
10:36 -Qualifications,
12:44 -Desirable Qualities of a Financial Advisor,
14:47 -Different routes to becoming a Financial Advisor,
16:21 - How to write a Financial Advisor CV,
18:01 - Financial Advisor interview tips,
18:38 -Financial Advisor core competencies,
19:49 -Promotions as a Financial Advisor