Financial Investment Advisers and Managers

What the job involves

• Interviewing prospective clients to determine financial status and objectives, discussing financial options and developing financial plans and investment strategies
• Monitoring investment performance, and reviewing and revising investment plans based on modified needs and changes in markets
• Recommending and arranging insurance cover for clients
• Arranging to buy and sell stocks and bonds for clients
• Advising on investment strategies, sources of funds and the distribution of earnings
• Setting financial objectives, and developing and implementing strategies for achieving the financial objectives
• Managing funds raised from personal superannuation savings policies and unit trusts
• Assisting in meeting superannuation compliance requirements
• Directing the collection of financial, accounting and investment information and the preparation of budgets, reports, forecasts and statutory returns
• May refer clients to other organisations to obtain services outlined in financial plans

Key values of workers in Financial Investment Advisers and Managers

• Achievement

  Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

• Working Conditions

  Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.

• Recognition

  Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

• Relationships

  Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.

• Support

  Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.

Top skills required for workers in Financial Investment Advisers and Managers

• Active Listening

  Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

• Writing

  Communicating effectively in writing as appropriate for the needs of the audience.

• Speaking

  Talking to others to convey information effectively.

• Critical Thinking

  Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

• Judgment and Decision Making

  Considering the relative costs and benefits of potential actions to choose the most appropriate one.