What are the Duties, Responsibilities, Job Description of Financial Advisors

Recently, we have been asked frequently what does a financial advisor do?

So here is our quick answer on what are the duties, responsibilities and job description of financial advisors:


  1. PROSPECTING – List down friends, family, relatives and colleagues who need investments, life insurance, health card, car insurance and more.
  2. SETTING APPOINTMENT – Contact your ​prospective clients for a meeting preferably online (due to COVID 19) or visit their office, residence or meet them in a coffee shop.
  3. BUILDING RAPPORT – Take time to know your client. Where does he work, is he married, how many kids, what was the reason for meeting with you.
  4. NEEDS ANALYSIS – Identify the needs and wants of the client. Encourage the client to open up so you can be able to pinpoint areas where he needs your help.
  5. SOLUTION PRESENTATION – Present a financial product that solves the needs of the client – is it life insurance, is it a savings program, is it a health insurance, a retirement program, etc.
  6. ANNUAL REVIEWS – Regularly provide continuous after sales service in order to get new client referrals and repeat business. This is the best way to have a long and fruitful career as a financial advisor.

If you are considering to become a financial advisor, give it a try. Who knows this might be your calling in life.

The first step to becoming a financial advisor is to know if you are fit to become a financial advisor.

Next Step: Take This Quiz To Know If You Are Fit To Become A Financial Advisor

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