The document discusses the career of a financial advisor and what it takes to succeed in that role. It outlines that financial advisors help people with investments, financial planning, and other money matters. It states that to be a financial advisor, it is important to be social and build client relationships through activities like seminars or referrals. A college degree in finance, accounting, business or related fields is typically preferred by employers. While licensing may be required depending on services provided, financial planning programs are available to meet educational needs. The career outlook is described as growing due to increasing demand for retirement and investment advice.

1. How To Know if Being a Financial
Advisor is Right for You

2. Financial advisors are called by many names.

3. You may have heard of designations such as financial
advisor, financial planner, personal financial consultant,
wealth management advisor and the seldom used term
financial products sales person.

4. These individuals earn their keep by helping people
choose their investments, sort through their fiscal
troubles, and work on their financial plans.

5. These advisors also extend their services on matters
relating to college funding, retirement planning, estate
planning, and general investment analysis.

6. If you are planning to undertake a career as a financial
advisor, this article might be for you. Read on and see if
you have what it takes to become one.

7. Are you a social person? Do you enjoy the comfort of
being with so many people? The core of the business as
a financial advisor is having a broad social network.

8. To thrive in this line of work, you need clients, and to do
that, you have to build a strong customer base. Every
person is a potential client; thus, you need to keep a
keen eye and be mindful of this at all times.

9. So how does one gather clients? Most experienced
financial advisors would engage in a wide range of
activities such as giving lectures or organizing seminars.

10. It is through these social and professional contacts that
you can start building on your customer base. Of
course, you can also experiment on cold calling as well
as asking for referrals from friends and family.

11. Bear in mind that maintaining and expanding your social
circle can contribute to the increase of your clients.

12. What did you study in college? Your university
major can play a huge factor in your employment as
a financial consultant.

13. Most banks and financial corporations look for
graduates of finance or accounting-related courses.

14. Having an extensive educational background in law,
economics, mathematics, or business can also greatly
improve your chances of being hired by these
prospective employers.

15. It should also be noted that many financial planners
who have thrived in this profession have worked before
as an accountant or auditor, lawyer, insurance sales
agent, or securities sales specialist.

16. To further excel in the profession, many of these
advisors have also proceeded to broaden their
knowledge by enrolling in courses that teach about
investments, risk management, and taxes.

17. Are you concerned that your educational background might
not be sufficient to meet the minimum employment
requirements set by most financial employers?

18. Put those worries aside because educational programs
relating to financial planning are widely offered by
many universities and colleges.

19. Generally you don’t need to have a license to engage in
this line of work, but for financial advisors that deal
with mutual funds, stocks, bonds, or insurance, a
license may be required before they can operate in that
line of work.

20. To earn that license, one must take certain exams.

21. According to statistics, 4 of 10 financial advisors run
their own practice or operate their own firm; the others
work for insurance or finance companies, brokers of
securities and commodities, and investment firms.

22. The Bureau of Labor Statistics also added that the number
of financial planners is expected to increase due to the rise
in investment among businesses and individuals.

23. There is also a growing demand for their services as a result
of the upsurge for retirement plans and the increasing
number of baby boomers saving for their retirement.

24. A better-educated and well-informed population owes
its wealth to sound investment advice.

25. Do you have what it takes to become a financial advisor
and help people make good decisions with their money?

26. Rhino Search Group is a financial services recruiting firm
known for its valuable client relationships with the most
trusted financial brands.

27. Contact our financial advisor recruiters if you are
looking to make a move, or buy/sell a book of business.

28. Visit the site:
www.rhinosearchgroup.com

29. Rhino Search Group
8970 E Raintree Drive
Suite #300
Scottsdale AZ 85260
480-361-9415
pk@rhinosearchgroup.com