Personal Financial Advisors

01

Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.

02

Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.

03

Manage client portfolios, keeping client plans up-to-date.

04

Implement financial planning recommendations, or refer clients to someone who can assist them with plan implementation.

05

Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.

06

Answer clients' questions about the purposes and details of financial plans and strategies.

07

Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.

08

Contact clients periodically to determine any changes in their financial status.

09

Investigate available investment opportunities to determine compatibility with client financial plans.

10

Explain to clients the personal financial advisor's responsibilities and the types of services to be provided.