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What does an Investment Consultant do?

Learn all about Investment Consultant duties, skills and much more. Get expert advice on how to become an Investment Consultant.

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Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 3 min read

An investment consultant provides analysis and recommendations to clients regarding investments, such as stocks, bonds, and mutual funds. They research economic trends and analyze financial information to help their clients make informed investment decisions.

Investment Consultant job duties include:

  • Advise clients on investment strategies and select investments that fit the client’s profile
  • Conduct research on potential investments and analyze economic trends
  • Monitor clients’ portfolios and make recommendations for changes
  • Keep abreast of new investment products and services
  • Meet with clients to review their investment goals and objectives
  • Prepare reports detailing investment recommendations
  • Educate clients on the risks and rewards associated with different investments
  • Help clients develop financial plans that include saving for retirement, education, etc.
  • Stay up-to-date on government regulations surrounding investments

Investment Consultant Job Requirements

An Investment Consultant typically has a bachelor's degree in business, economics, or finance. Many Investment Consultants are certified financial planners (CFPs). Investment Consultants usually have several years of experience working in the financial industry before becoming an Investment Consultant.

Investment Consultant Skills

  • Analytical skills
  • Profit and loss analysis
  • Financial analysis
  • Finance
  • Asset management
  • Real estate
  • Business administration
  • Marketing
  • Financial modeling
  • Business strategy
  • Investment banking
  • Investment management

Related: Top Investment Consultant Skills: Definition and Examples

How to become an Investment Consultant

An investment consultant is someone who provides professional advice to clients regarding investments, securities, and other financial matters. Investment consultants typically have a four-year degree in business or economics and experience working in the financial industry. Some investment consultants are also certified financial planners.

The first step to becoming an investment consultant is completing your undergraduate degree. A four-year degree in business or economics is preferred, but other majors may be acceptable if you have taken enough courses in finance and accounting. Once you have your degree, you should try to get a job in the financial industry. This will give you the practical experience you need to become an investment consultant.

After gaining some experience, you may want to pursue certification as a financial planner. This designation will show potential clients that you have the knowledge and skills necessary to provide them with quality advice. To earn your certification, you must pass an exam administered by the Certified Financial Planner Board of Standards.

If you want to be successful as an investment consultant, it is important to keep up with changes in the marketplace. You should regularly read trade publications and attend conferences and seminars related to investing. By staying up-to-date on industry news, you will be better able to provide your clients with the best possible advice.

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Related: Investment Consultant Interview Questions (With Example Answers)