What is a Personal Financial Advisor?
Personal Financial Advisors analyze finances and advise individuals on how to better their financial portfolios.
Where does a Personal Financial Advisor work?
- Finance companies
- Insurance companies
- Self-employed/freelance
How much does a Personal Financial Advisor make?
Based on real new grad salaries reported through Handshake, the median annual salary for a Personal Financial Advisor is $50,000.
What majors are typically interested in becoming Personal Financial Advisors?
One’s major doesn’t necessarily determine their career, but these are some common majors of those who end up pursuing this career path.
- Finance majors
- Accounting majors
- Economics majors
Personal Financial Advisor skills and competencies:
On top of a relevant degree and formal training, here are some professional skills that can help aspiring Personal Financial Advisors succeed in their work:
- Strong analytical skills
- Mathematics knowledge and understanding
- Good communication skills
What are some common questions about Personal Financial Advisors?
Q: Can you work from home as a Personal Financial Advisor?
A: Yes! If basing your office out of your home is a necessity, can work out of your home if you’re an independent financial advisor.