The Persuading interest area indicates a focus on influencing, motivating, and selling to other people. The Organizing interest area indicates a focus on working with information and processes to keep things arranged in orderly systems. A financial planner can help with sorting these issues out, and more. Financial advisors spend a great deal of time marketing their services. They meet potential clients by giving seminars or through business and social networking.


Commissions, incentive pay, and production bonuses are included in the wage data here; nonproduction bonuses are not included. After financial advisors have invested funds for a client, they and the client receive regular investment reports. Under the suitability standard, financial advisors typically work on commission for the products they sell to clients. This means the client may never receive a bill from the financial advisor.

The benefits of a financial advisor

From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today’s markets. Third-largest full-service provider of retail brokerage services in the U.S., with more than $1.8 trillion assets managed and around 12,000 Advisors nationwide. NAPFA members may receive a 20% discount to Herbers & Company Academy. This exclusive partnership will advance business management and client communication skills via virtual trainings and tools each month with Herbers & Company Academy.

  • Most personal financial advisors work full time, and some work more than 40 hours per week.
  • UseSmartAsset’s Social Security calculatorto get an idea of what your benefits could look like in retirement.
  • Some of them are also conventional, meaning they’re conscientious and conservative.
  • Donor-advised funds are helping to increase charity contributions, the company found.
  • They also embrace the challenge of blazing their own path, building their businesses by tapping their sales, marketing and customer service skills.

If you’re ready to make a change, or simply curious, allow us to provide you with unparalleled access to the universe of opportunities and customize a solution to your individual needs. Charles Schwab Investment Management, Inc. is the investment advisor for Schwab Funds and Schwab ETFs. Schwab Funds are distributed by Charles Schwab & Co., Inc. , Member SIPC. Schwab ETFs are distributed by SEI Investments Distribution Co. . CSIM and Schwab, are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation, and are not affiliated with SIDCO.

Financial Advisor Responsibilities:

Guide clients in the gathering of information, such as bank account records, income tax returns, life and disability insurance records, pension plans, or wills. Review clients’ accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment. When looking to hire a financial advisor, it’s important to do your due diligence and interview at least three possible candidates.