Personal Financial Advisor

If you are good at assessing risks and rewards associated with the financial market, then a career as a personal financial advisor can be a great fit for you.

As the name indicates, personal financial advisors are professionals who give financial advices to clients. They often work with clients to develop individualized financial plans for investments, savings, retirement and insurance.

This is a challenging field wherein these professionals often have to provide critical advices on financial matters and make recommendations on ways to best utilize the wealth. Their job description includes to assess the market and advice clients on essential products or services available. They are also responsible for ensuring that the clients are aware of and understand the things that best meet the needs, and finally securing a sale.

A Bachelor’s degree in economics, finance or management is essential to land a job in this career path.

According to PayScale, the annual salary of a personal financial advisor is in-between 1.59 lakh to 14. 63 lakh.