Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, etc. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives to establish investment strategies.
Duties and Tasks:
1) Build and maintain client bases, keeping current client plans up-to-date and recruiting new clients on an ongoing basis.
2) Contact clients periodically to determine if there have been changes in their financial status.
3) Devise debt liquidation plans that include payoff priorities and timelines.
4) Explain and document for clients the types of services that are to be provided, and the responsibilities to be taken by the personal financial advisor.
5) Explain to individuals and groups the details of financial assistance available.
6) Guide clients in the gathering of information such as bank account records, income tax returns, life and disability insurance records, pension plan information, and wills.
7) Implement financial planning recommendations or refer clients to someone who can assist them with plan implementation.
8) Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, and other information needed to develop a financial plan.
9) Monitor financial market trends to ensure that plans are effective, and to identify any necessary updates.
10) Prepare and interpret for client’s information such as investment performance reports, financial document summaries, and income projections.
11) Recommend strategies clients can use to achieve their financial goals and objectives, including specific recommendations in such areas as cash management, insurance coverage, and investment planning.
12) Research and investigate available investment opportunities to determine whether they fit into financial plans.
13) Analyse financial information obtained from clients to determine strategies for meeting clients' financial objectives.
14) Answer clients' questions about the purposes and details of financial plans and strategies.
Requirements/Qualities:
Candidates can be CFP but is not a prerequisite, experience in the industry is necessary. We will look at all candidates.
A passion to be successful.
Pre-qualified APPOINTMENTS will be given to the successful candidates with ASTUTE in hand before the appointment date.
Confidence: A financial advisor is confident and trustworthy. You can trust their advises and recommendations. You rest assured that your money is in safe hands. If he is a symbol of dependability and consistency and your instincts are strong about the same, you as a responsible client, may proceed.
Logical Analysis: A thorough financial consultant is one, who has his strategies chalked out. Logical perception is what he possesses. He has the knowledge and the required ability to put the same to practice. It is with his expertise derived through experience that clients may follow his recommendations and strategies considering their financial data.
Power of communication: A financial adviser who has conducted the spadework and is confident about his planning, is good with words and communicating his pathways to achieve his client’s financial goals. Helping the client understand and, in the process, convince him to follow his recommended policies and suggestions, is essentially what the financial advisor is supposed to do. With impeccable communication skills, the financial expert, can make a mark for himself.
Reputation: Building rapport with the client, means structuring a steady, long-lasting relationship with him. It is not just your work that speaks, but your honesty, integrity, discipline and motivation to serve the clients interest, that you are recognized in a reputable manner.
