Why did you become a financial advisor

Job profile: financial advisor

The profession of financial advisor is not protected and so there is no dedicated training for him. But that doesn't mean that you don't need in-depth know-how to work in the profession. On the contrary it becomes a business studies or at least one relevant training provided.

The following professions or qualifications are possible:

In any case, financial advisors should be perfectly versed in the following areas:

  • Developments in the global financial markets
  • Preparation of operational and profitability analyzes
  • In-depth experience in handling finance and accounting documents
  • In-depth experience in dealing with insurance and business programs

Employer: Who is looking for financial advisors

Financial advisors work in the following areas:

  • independence
  • Financial service providers
  • Insurance brokerage company
  • Management consultancies
  • Economic consultancy
  • Credit institutions
  • Building societies
  • Insurance companies

Salary: What do you earn as a financial advisor?

The salary of financial advisors differs depending on the person Employment type, Branch, region and Size of employer. The starting salary ranges between 2,500 and 3,000 euros gross per month.

With increasing professional experience, the income grows. After a few years it is up to 4.500if not at all 5,000 euros gross per month realistic.

Entry Opportunities: The Prospects for Financial Advisers

Generally speaking, financial advisors have on the labour market good to very good opportunities. The best Career opportunities but are offered to them - how could it be otherwise? - in the Financial metropolises. The city of Frankfurt am Main is particularly popular with financial advisors, where bank after bank is lined up.

Application: How do financial advisors score

What can financial advisors do in their Application documents score? The following hard and soft skills are advantageous:

  • Degree
  • Alternatively: Completed training or further education in a relevant area
  • Above-average perception
  • Above-average self-motivation
  • High level of independence
  • Above-average analytical ability
  • Problem solving ability
  • empathy
  • Advisory ability
  • Psychological sense

Career: Development opportunities as a financial advisor

Financial advisors have many Career prospects. For example, by going through Advanced training specialize in a specific area:

  • Finance and Tax Law
  • Forms of financing
  • Financing innovations
  • Financial services
  • Taxes
  • Funding programs
  • Financial aid for the economy

The more well-founded and specialized the knowledge in a certain area, the higher the chances of becoming a financial advisor team leader and from there into higher management of a company to be promoted.