A series of exams must be passed by financial advisors

What is a Financial Advisor?

A financial advisor is someone who offers advice to clients. A financial advisor assists clients in reaching their financial goals. These could include retirement, college education and insurance plans. At least a bachelor’s degree is required for a certified financial advisor. A master’s in business administration is a great way to boost your career. Highly recommended are investment and estate planning courses. This is a great career option for people who are interested in helping others make financial decisions and navigate their industry.

Dwayne Rettinger

Financial planners meet with clients face to face to discuss their finances and create a customized plan to help them reach their financial goals. They might ask about clients’ financial status and investment preferences. Clients may be offered personalized recommendations by financial advisors, such as stock or bond recommendations. CFP-certified financial advisors are able to give you peace of mind that their advice is objective and in your best interest.

A series of exams must be passed by financial advisors to become licensed by FINRA before they can provide advice to clients. These exams, the Series 65 or the Series 7, are required for financial advisors to be able to sell securities. A bachelor’s degree is required along with at least five years experience to become a financial adviser. Financial advisors must have exceptional time management skills and excellent communication skills. They also need to be able to network well. Financial advisors should be able keep up to date on current events.

Financial advisors will help you reach your financial goals, and avoid unnecessary risk. They can help you choose the best financial instrument for you and what amount to invest. They can also help you determine how often it is necessary to review your investment plan, and what steps to take to correct any mistakes. Financial advisors can help you plan your financial future. Before you choose a financial advisor, you need to be clear about your goals and budget. This is often the best decision.