What is the job description of a financial planner?

This page is about the common dutions, career options and the job description of a (certified) financial planner.

Certified financial planner job description
(Certified) financial planners work with client’s to meet short- and long-term financial goals. They understand complex legal and financial documents and are knowledgeable of financial laws and legal restrictions. Furthermore do certified financial planners have a good command of investments and security planning, estate planning, tax planning, employee benefits planning and insurance planning.

Learning about a client’s financial situation is the first step and crucial for developing realistic plans. so it’s necessary for financial planners to interview clients thoroughly, by reviewing fiscal situations and developing tools to assist in meeting financial goals. Financial tools include developing a family budget, tax-sheltered investment plan, retirement savings and a major purchase timeline.

Common duties
Common job duties include interviewing clients, analyzing financial information, recommending financial plans and monitoring outcomes. These duties require strong analytical skills and a desire to work with people, as well as excellent communication and interpersonal skills to work in this people-oriented business.
A persuasive and articulate communication style is helpful. The ability to use databases and conduct financial research, in addition to excellent math skills, are necessary for success in the industry.

Financial planner career options
Many certified financial planners are self-employed and operate their own financial business. Others are employed by savings and loan institutions, investment companies, banks, insurance companies and financial institutions. Advancement within some companies is dependent on the certified financial planner’s ability to generate business. Additional career options include financial consulting, teaching and conducting workshops.

 

Are You a Financial Planner? Do You Want to Know Why People Don't Buy Financial Planning?

If you want to boost your financial planning skills, you don't want to miss this free email course.

Just fill in your best email here below, and you'll receive the first lesson right into your inbox.