Working in Northern Canada

1930 Words8 Pages
3/26/2013 | GEO 605 | Northern Career Report | Table of Contents A Brief Overview of a Financial Advisor 2 Duties and Responsibilities of Financial Advisor 3 Career Path for Becoming a Financial Advisor 4 Steps Required for Becoming a Senior Financial/Fiscal Advisor 5 Qualifications needed to be a Senior Fiscal Advisor in the North 5 Job Platform or Potential 6 Potential Remuneration and Comparison to the North 6 Investment Opportunities for the Northern Resident 7 Works Cited 8 A Brief Overview of a Financial Advisor As a Senior Financial Advisor the ideal candidate would have demonstrated exceptional knowledge and have at a minimum of 3-5 years of experience as a financial advisor. The steps required for…show more content…
Duties and Responsibilities of Financial Advisor “The following is a list that outlines the duties and responsibilities of a financial advisor. I. Build and maintain client bases, keeping current client plans up-to-date and recruiting new clients on an ongoing basis. II. Contact clients periodically to determine if there have been changes in their financial status. III. Devise debt liquidation plans that include payoff priorities and timelines. IV. Explain and document for clients the types of services that are to be provided, and the responsibilities to be taken by the personal financial advisor. V. Explain to individuals and groups the details of financial assistance available to college and university students, such as loans, grants, and scholarships. VI. Guide clients in the gathering of information such as bank account records, income tax returns, life and disability insurance records, pension plan information, and wills. VII. Implement financial planning recommendations, or refer clients to someone who can assist them with plan implementation. VIII. Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, and other information needed to develop a financial plan. IX. Monitor financial market trends to ensure that plans are effective, and to identify any necessary
Open Document