Description
Sell and service mutual fund investments for individuals and businesses. Advise on fund selection and asset allocation, process purchases, redemptions, and exchanges, provide market and product guidance, and ensure regulatory compliance and accurate recordkeeping.
- • Interview clients to assess goals, risk tolerance, and financial profile.
- • Determine investment needs and propose suitable mutual fund portfolios.
- • Explain fund objectives, strategies, risks, fees, and share classes.
- • Provide asset allocation and diversification recommendations.
- • Present performance data, NAV history, and benchmark comparisons.
- • Discuss tax considerations, distributions, and capital gains impacts.
- • Keep clients informed about transactions, statements, and account activity.
- • Process purchase, redemption, and exchange orders for mutual funds.
- • Complete and submit order tickets and required documentation.
- • Calculate sales charges, breakpoints, and commissions accurately.
- • Maintain accurate records of client information and transactions.
- • Review orders for accuracy and compliance with regulations and policies.
- • Supply current NAVs, expense ratios, prospectuses, and fund fact sheets.
- • Monitor fund performance and market conditions affecting client portfolios.
- • Prepare portfolio reviews and periodic client reports.
- • Contact prospects and clients to present fund offerings and programs.
- • Develop distribution channels with advisors, retirement plans, or institutions.
- • Coordinate with transfer agents or clearing firms to ensure timely settlement.
- • Resolve client service issues and handle account maintenance requests.
- • Ensure suitability and adhere to SEC/FINRA and firm compliance standards.
- • Educate clients on systematic investment plans and automatic reinvestment.
- • Prepare proposals for retirement, education, or income objectives using funds.
- • Track sales activity and report results, pipeline, and forecasts to management.
- • Confirm daily NAV pricing and fee application on executed transactions.
- • Train or supervise support staff on account setup and order processing.
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Related Pathways
Financial Services
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Tasks & skills:
O*NET occupational data (work activities, skills, knowledge).
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Last reviewed: Jan 2026
