O*NET Career Intelligence

Personal Financial Advisors

SOC 13-2052.00

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

Green Occupation Zone 4 Business and Financial Operations

Skills

Knowledge

Job Zone

Yes

Green

Top Skills 8

Reading Comprehension

4.0

Active Listening

4.0

Speaking

4.0

Critical Thinking

4.0

Judgment and Decision Making

4.0

Service Orientation

3.8

Writing

3.6

Complex Problem Solving

3.6

Knowledge Areas 8

Customer and Personal Service

4.4

Economics and Accounting

4.3

English Language

3.7

Sales and Marketing

3.6

Administration and Management

3.6

Mathematics

3.6

Psychology

3.3

Law and Government

3.2

Key Tasks

1Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.

2Answer clients' questions about the purposes and details of financial plans and strategies.

3Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.

4Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.

5Implement financial planning recommendations or refer clients to someone who can assist them with plan implementation.

Also Known As

Account Executive Account Manager Advisor Analyst Asset Analyst Asset Manager Budget Counselor Certified Financial Planner (CFP) Chartered Financial Analyst (CFA) Credit Counselor