What Do Financial Advisers Do?
Quick Answer
Financial advisers give guidance or direction to their clients in matters that regard taxes, investments and insurance decisions. These professionals have a wide knowledge base in matters that involve finances and are therefore better placed to give tips and solutions to improve financial management.
Continue ReadingFull Answer
Financial advisers may be employed by individuals, private businesses, multinationals and even government agencies. Some of the specific duties that financial advisers may execute include:
Educate clients - advisers may give important information regarding certain investment ventures and how to minimize any potential risk. They discuss with clients the options available and why one may be better than the other
Planning - financial advisers may offer a plan on how to save, invest or pay for education
Monitor client accounts - these professionals may monitor a clients account in order top determine whether any changes should be made for better performance or to accommodate certain life changes like children or a marriage partner
Research on behalf of client - advisers may carry out research into the various investment or debt settlement options available to the client
Recommend investments - when clients cannot seem to settle on a particular investment venture, advisers can look at the advantages and disadvantages involved and then offer a solution or choose the best option
Learn more about Career AspirationsRelated Questions
-
Q:
Are Financial Advisers Likely to Recommend Mutual Funds?
A: Financial advisers are likely to recommend mutual stocks because of ease of diversity, reduced risk and ease of comparison, and they are solid choices for ... Full Answer >Filed Under: -
Q:
What Is a Typical Job Description for a Church Trustee?
A: The role of church trustees is to manage church property and finances, in addition to overseeing legal matters relating to the church. The job description ... Full Answer >Filed Under: -
Q:
What Are the Qualifications of a Baptist Church Trustee?
A: Because trustees in a Baptist church must represent the church as legal custodians of the corporate body and its property, trustees must possess spiritual ... Full Answer >Filed Under: -
Q:
What Does a Notary Public Do?
A: A notary public is a public official whose main role is to witness the signing of important documents in non-contentious matters and authenticate signature... Full Answer >Filed Under:
You May Also Like
-
Q:
What Education Is Needed to Be an Auto Mechanic?
-
Q:
What Are the Requirements to Take Free Training Courses?
-
Q:
What Are Some Duties of a Manufacturing Plant Manager?
-
Q:
How Can Your Child Become One of the Zulily Little Models?
-
Q:
What Companies Offer Carpentry Courses During the Weekend?
-
Q:
How Do You Become a Medical Assistant?
