A financial professional provides a broad range of financial services and advises clients on a variety of money topics, from life insurance to the stock market . They recommend products and services, and may assist with opening or managing accounts. They provide guidance for long-term future planning, assisting clients in areas such as retirement arrangements and investments. They often are expected to recommend particular products and services and may have sales or revenue goals to meet .
The responsibilities of a financial professional may vary depending on their area of expertise. For instance, a corporate finance professional is responsible for directing the fiscal functions of the company, monitoring, controlling, and reporting the financial assets and results. They oversee the financial and operating strategy, as well as risk management. They serve on the Executive Committee and act as a business partner to the CEO, supporting development of the companys overall strategic plan .
A personal finance professional typically helps clients develop financial plans that will ensure their financial stability, develops the company’s financial strategy, and forecasts corporate profits and losses .
In general, excellent people skills are a must for financial professionals. These positions often require a variety of licenses, which could include a life insurance license or a Series 7 securities license. There are also an assortment of clearances and background checks routinely involved .