Financial advisers work hard to provide the highest quality level of monetary services to their customers. To become a financial adviser you need people and numeracy skills amongst others. The following information should help you if you are interested in finding out what it takes to become a financial adviser.Entry Level
There are no fixed entry requirements to start working as a financial adviser. Usually employers will expect a good general level of education with applicants requiring a minimum number of either GCSEs at grade A-C or A-levels at a pass grade.
As well as gaining the relevant qualifications financial advisers also need certain personal qualities to be successful in their role. Principally these involve being numerate, literate and having good interpersonal skills.
Financial advisers regularly contact clients and associates on a daily basis so good communication skills are required. At times you may need to be persuasive to resolve a problem. You will need to convey ideas and schemes for investments and other opportunities in a clear manner, including all the relevant information in a palatable from for your client.
Another aspect of communication skills is the ability to listen to your client and figure out what they really want as well as offering additional value to encourage your client to return. To offer the right products and services you need to keep up to date with recent developments in the financial sector. This may involve a little independent research work which will require computer literacy and good organisational skills to keep track of research whilst regularly making appointments with clients.Qualifications and Previous Experience
Many financial advisors enter their role using experience from previous employment. People with the right qualifications in customer service roles in other areas of the financial sector such as banks and insurance companies may receive the opportunity to start working as a tied financial adviser.
Another way to enter the financial adviser profession is to work for independent financial advisers as a paraplanner. Paraplanners assist independent advisers with administrative duties and carrying out research work.
Alternatively some financial firms will request qualifications at a degree level and offer graduate level training programs for new recruits. Also if you are not employed within the financial sector but are wishing to enter you can study to receive a qualification that will entitle you to start working. The financial services skills council provide details of approved qualifications and how to achieve them.