FI­NAN­CIAL AD­VISER

The Courier-Mail - Career One - - Front Page -

When peo­ple find them­selves in a tough fi­nan­cial sit­u­a­tion, an ad­viser can be the an­swer. About 45,900 fi­nan­cial in­vest­ment ad­vis­ers and man­agers are em­ployed in Aus­tralia, gov­ern­ment fig­ures show. In the five years to May, 2022, this is fore­cast to grow to 47,200. Tasks in­volved in this oc­cu­pa­tion in­clude dis­cussing fi­nan­cial op­tions with clients and de­vel­op­ing in­vest­ment strate­gies, ad­vis­ing on the sources of funds and the dis­tri­bu­tion of earn­ings, and set­ting fi­nan­cial ob­jec­tives. About half (52.7 per cent) have been to univer­sity, study­ing such de­grees as a Bach­e­lor of Busi­ness (Fi­nan­cial Plan­ning) or a Mas­ter of Fi­nan­cial Plan­ning. About a third of work­ers (35.8 per cent) hold a diploma or ad­vanced diploma, such as an Ad­vanced Diploma of Fi­nan­cial Plan­ning, which typ­i­cally takes be­tween one and two years to com­plete. SEEK Learn­ing re­veals fi­nan­cial plan­ners typ­i­cally earn $82,000 to $111,000 a year.

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