Financial planners develop and implement financial plans for individuals covering all areas of finance, including taxation, retirement, superannuation, insurance and estate planning.
Roles and responsibilities
What does a Financial Planner do?
Financial Planners may perform the following tasks:
- interview clients to determine their financial status and objectives, discussing financial options and developing financial plans and investment strategies
- monitor investment performance, and review and revise investment plans based on changes in the market
- arrange to buy and sell stocks and bonds for clients
- advise on investment strategies, sources of funds and distribution of earnings
- set financial objectives, and develop and implement strategies to achieve them
- assist clients in meeting superannuation compliance requirements
- direct the collection of financial, accounting and investment information and the preparation of budgets, reports, forecasts and statutory returns.
What personal requirements will you need?
- good communication skills
- able to work under pressure
- aptitude for research
- good with numbers
- analytical and planning skills
- interested in the financial market.
The University of Western Australia