How do they match: Personal Financial Advisors

  • Certified Financial Planner
  • Insurance Advisor
  • Insurance Consultant
  • Investment Representative
  • Registered Representative

  • 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. May also buy and sell financial assets for clients.

  • Explain to clients the personal financial advisor's responsibilities and the types of services to be provided.
  • Guide clients in the gathering of information, such as bank account records, income tax returns, life and disability insurance records, pension plans, or wills.
  • Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
  • Recommend financial products, such as stocks, bonds, mutual funds, or insurance.
  • Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.