Description
Provide comprehensive financial advice to individuals and families, developing, implementing, and monitoring plans across investments, taxes, insurance, retirement, estate planning, and cash management. Assess assets, liabilities, cash flow, risk, and goals; coordinate with other professionals; monitor markets and client circumstances to adjust strategies; and may execute trades on clients’ behalf.
- • Analyze client financial data to determine strategies that meet stated goals.
- • Answer client questions about the purpose, details, and trade-offs of financial plans.
- • Interview clients to assess income, expenses, assets, liabilities, insurance, tax status, goals, and risk tolerance.
- • Implement recommendations or refer clients to specialists for plan execution.
- • Prepare or explain investment performance reports, document summaries, and income projections.
- • Guide clients in gathering records such as bank statements, tax returns, insurance policies, pension documents, and wills.
- • Contact clients periodically to identify changes in their financial situation.
- • Collaborate with attorneys, accountants, trust officers, and bankers to align strategies with client objectives.
- • Design debt reduction plans with payoff priorities and timelines.
- • Open accounts for clients and process authorized disbursements to creditors.
- • Conduct seminars or workshops on topics like retirement, estate planning, or severance evaluations.
- • Inform clients about tax credits, rebates, and incentives for energy-efficient purchases or home improvements.
- • Recommend environmentally responsible or ESG investments when appropriate.
- • Advise on cash management, insurance coverage, investment planning, retirement, and education funding.
- • Review accounts and plans regularly and rebalance or adjust strategies based on life events, markets, or performance.
- • Manage client portfolios and keep financial plans current.
- • Recruit, build, and maintain a client base.
- • Explain services, responsibilities, fiduciary duties, fees, and potential conflicts of interest.
- • Research and evaluate investment opportunities for fit within client plans.
- • Monitor market and economic trends to keep plans responsive.
- • Recommend suitable financial products, such as stocks, bonds, mutual funds, annuities, or insurance, and execute trades when permitted.
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Financial Services
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Tasks & skills:
O*NET occupational data (work activities, skills, knowledge).
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Last reviewed: Jan 2026
