The people who study potential areas for investment (such as technology, utilities, real estate, and many others) and attempt to forecast how strong those markets will be going forward are financial planning analysts. Financial planning analysts look at industry data from the market sector to which they are assigned and attempt to forecast trends. They also look at any legislation, regulations, or court cases that might affect their respective field of analysis. The analyst also looks at the economy in general and attempts to help other members of a financial institution's planning and investment team best invest the firm's money and determine how to advise clients. Financial planning analysts typically work in an office environment in banks or investment houses, normally during regular business hours.
Financial Planning Analyst Tasks
Assess trends in client and market behavior and modify strategies to optimize financial growth.
Manage portfolios and update customers on current or future developments.
Create financial strategies for customers in line with their desires and resources.
Manage client relationships and grow customer base.