A financial consultant advises clients of an investment bank or financial services company on the best way to manage their money. They assesses customers' financial needs and work with them to build an investment portfolio that is comfortable for the client and builds wealth. To be successful, a financial consultant must build a client base; they need to identify prospective clients and cultivate relationships with them. Consultants may need to be creative in developing ways to attract new clients, although some larger companies clients may assign clients to consultants.
Financial Consultant Tasks
Follow-up with clients on plans, track successes, and inform about modifications.
Assist clients with estate management, tax returns, budgets, or other financial tasks.
Guide clients through financial self-analysis, including goal setting and advice to reach goals.