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What does a Financial Representative do?

Photo of Brenna Goyette
Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 4 min read

A financial representative is a professional who provides financial guidance and planning to individuals, families, and businesses. They help clients save money, invest for the future, and make sound financial decisions. Financial representatives typically work for banks, investment firms, or insurance companies.

Financial Representative job duties include:

  • Meeting with clients to discuss their financial goals
  • Assessing client risk tolerance and investment objectives
  • Recommending appropriate investment strategies and products
  • Monitoring client portfolios and making recommendations for changes
  • Conducting periodic reviews with clients
  • Keeping abreast of changes in the financial markets and regulatory environment
  • Providing tax planning and advice
  • Assisting clients with estate planning
  • Helping clients plan for major life events, such as retirement or sending a child to college
  • Referring clients to other professionals, such as accountants or attorneys, as needed

Financial Representative Job Requirements

A financial representative is someone who provides guidance to clients in regards to their finances. In order to be a financial representative, one must have a degree in finance or a related field. In addition, financial representatives must be certified by the Financial Industry Regulatory Authority (FINRA). FINRA certification is not required for all positions, but it is preferred by many employers. Financial representatives typically have a few years of experience working in the financial industry before becoming a financial representative.

Financial Representative Skills

  • Analytical skills
  • Profit and loss analysis
  • Financial analysis
  • Finance
  • Budgeting
  • Financial statements
  • Financial planning
  • Investment analysis
  • Asset management
  • Real estate investment
  • Business administration
  • Marketing

Related: Top Financial Representative Skills: Definition and Examples

How to become a Financial Representative

A financial representative is a professional who provides guidance and advice to clients on matters related to their finances. Financial representatives typically work for banks, investment firms, or insurance companies. They help clients plan for their financial future by providing information on investment opportunities, retirement planning, and estate planning.

Becoming a financial representative requires completing a bachelor’s degree in finance or a related field. Many financial representatives also complete certification programs offered by organizations such as the Financial Industry Regulatory Authority (FINRA). In addition to completing educational requirements, financial representatives must also pass an exam administered by FINRA in order to obtain a license to sell securities.

The most successful financial representatives are those who have strong communication and interpersonal skills. They must be able to build relationships with clients and understand their needs in order to provide them with the best possible advice. Financial representatives must also be able to stay up-to-date on changes in the financial industry and keep abreast of new investment opportunities.

Related: Financial Representative Resume Example

Related: Financial Representative Interview Questions (With Example Answers)

Editorial staff

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Editor

Brenna Goyette

Expert Verified

Brenna is a certified professional resume writer, career expert, and the content manager of the ResumeCat team. She has a background in corporate recruiting and human resources and has been writing resumes for over 10 years. Brenna has experience in recruiting for tech, finance, and marketing roles and has a passion for helping people find their dream jobs. She creates expert resources to help job seekers write the best resumes and cover letters, land the job, and succeed in the workplace.

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