Most Important Skills For A Financial Advisor At A Wealth Management Company
Jessica, a financial advisor, emphasizes the crucial need for strong "people skills" to build client trust and confidence, while also highlighting the demanding nature of the job requiring "the ability to manage a lot of different moving parts at one time" and meticulous attention to detail for accurate financial projections to ensure clients' financial well-being.
Communication, Project Management, Data Analysis, Problem-Solving, Financial Planning
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Jessica Roks
Financial Advisor
Wealth Management Company
UC San Diego
Na
Economics, Psychology
Finance (Banking, Fintech, Investing)
Finance
Honors Student, Took Out Loans, Worked 20+ Hours in School
Video Highlights
1. Excellent communication and interpersonal skills to build client trust and confidence.
2. Exceptional organizational and time-management skills to juggle multiple tasks and client needs.
3. Strong analytical and numerical abilities to ensure accuracy in financial projections and planning
Transcript
What skills are most important for a job like yours?
People skills are extremely important. You have to convey to the client that you understand what they're saying, make them comfortable sharing information, and inspire confidence that you are doing the right thing for them and that their money is safe with you.
The ability to manage a lot of different moving parts at one time is really important. I have a book of 30 clients now, but at times in my career, I've had over a hundred. Usually, something is going on for every one of them.
Everything you do for clients is usually a multiple-step process. You have to keep track of where you are and make sure you're getting things done in a timely fashion. Being detail-oriented and doing things correctly and numerically is extremely important.
We do a lot of projections for our clients. If you put in the wrong numbers, you may be telling a client they can retire when they really can't afford to. Those things are really important.
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