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What is an Investment Advisor?

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Talent.com talent.com
Answered October 29 2021
Career Expert at Talent.com
An Investment Advisor is a financial professional that advises clients on various investment and security opportunities while usually taking a fee or commission on their transactions. They can also be called Investment Planners or Stockbrokers. 

 The Investment Advisor role encompasses a comprehensive vision of various financial topics, including investment and guidance. They work with their clients to make investment and allocation decisions, providing unbiased and unrestricted advice aiming towards helping them reach their financial goals by building a financial plan.

The most common workplace for Investment Advisors is in different financial institutions. They may find employment in banks, financial firms, and in the financial department of big companies. However, some professionals choose to be self-employed and offer their services to clients, often in personal financing rather than commercial investment.

Personality of an Investment Advisor
Clients come to Investment Advisors looking for help managing their hard-earned money. Therefore, Investment Advisors need to be highly ethical, reliable, and trustworthy individuals. Here are some other personality traits that can help you become a successful Investment Advisor:
  • Curious
The more questions you ask, the more you can gather a holistic picture of your client's financial situation. This will allow you to develop a financial plan that will genuinely suit their needs. 
  • Passionate
Markets, financial laws, and financial products are constantly changing. Staying up to date on the latest news in the financial world will allow you to give your clients the most accurate information possible. Furthermore, if finance is your passion, you won't find this a chore but rather an exciting and important aspect of your continuous professional development. 
  • Personable
Investment Advisors are first and foremost there to help people. If you don't like talking to people, answering questions, and getting to know new people, this may not be the career for you. Indeed, the majority of your success will rest on being kind, empathic, and professional with your clients. Happy clients refer others, which grows your customer base. 
Easteregg!