2017 Personal Financial Advisors
Median Pay: US$89,160
Entry Level: Bachelor's degree
Summary
Personal financial advisors provide advice on investments, insurance, mortgages, college savings, estate planning, taxes, and retirement to help individuals manage their finances.
Duties

Personal financial advisors typically do the following:

  • Meet with clients in person to discuss their financial goals
  • Explain the types of financial services they provide to potential clients
  • Educate clients and answer questions about investment options and potential risks
  • Recommend investments to clients or select investments on their behalf
  • Help clients plan for specific circumstances, such as education expenses or retirement
  • Monitor clients' accounts and determine if changes are needed to improve the performance or to accommodate life changes, such as getting married or having children
  • Research investment opportunities

Personal financial advisors assess the financial needs of individuals and help them with decisions on investments (such as stocks and bonds), tax laws, and insurance. Advisors help clients plan for short- and long-term goals, such as meeting education expenses and saving for retirement through investments. They invest clients' money based on the clients' decisions. Many advisors also provide tax advice or sell insurance.

Although most planners offer advice on a wide range of topics, some specialize in areas such as retirement or risk management (evaluating how willing the investor is to take chances and adjusting investments accordingly).

Many personal financial advisors spend a lot of time marketing their services, and they meet potential clients by giving seminars or through business and social networking. Networking is the process of meeting and exchanging information with people, or groups of people, who have similar interests.

After financial advisors have invested funds for a client, they and the client receive regular investment reports. Advisors monitor the client's investments and usually meet with each client at least once a year to update the client on potential investments and to adjust the financial plan based on the client's circumstances or because investment options may have changed.

Many personal financial advisors are licensed to directly buy and sell financial products, such as stocks, bonds, annuities, and insurance. Depending on the agreement they have with their clients, personal financial advisors may have the client's permission to make decisions about buying and selling stocks and bonds.

Private bankers or wealth managers are personal financial advisors who work for people who have a lot of money to invest. These clients are similar to institutional investors (commonly, companies or organizations), and they approach investing differently than the general public does. Private bankers manage a collection of investments, called a portfolio, for these clients by using the resources of the bank, including teams of financial analysts, accountants, and other professionals.

Financial Analyst Internship (Trust)

Type: Internship
Company OverviewNewport Group is a leading provider of retirement plans, insurance, and consulting services. We help companies offer their employees a more secure financial future by offering comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them....
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Washington, DC

Client Service Administrator

Type: Full Time, Full Time Alumnus
:Signature Family Wealth Advisors, a wholly owned subsidiary of Brown Advisory, is seeking a Client Service Administrator in the Charlottesville, VA office. Signature Family Wealth Advisors is a multi-family office serving approximately 180 families and managing in excess of $4 billion. The firm...
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Charlottesville, VA

Private Client Advisor II

Type: Full Time, Full Time Alumnus
Job Description:Business Overview:U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients wealth structuring, investment management, banking and credit needs. Clients are served...
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Intern, Demand Planning

Type: Internship
Job ID: 167574Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Inventory ManagementPosition: Demand Planning InternLocation: Sephora Field Support...
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San Francisco, CA

Intern, Client Services

Type: Internship
Job ID: 167540Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Retail OperationsPosition: Intern, Client ServicesLocation: Sephora Field Support Center...
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San Francisco, CA

Private Client Advisor II

Type: Full Time, Full Time Alumnus
Job Description:Business Overview:U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients wealth structuring, investment management, banking and credit needs. Clients are served...
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Intern, Store Communications

Type: Internship
Job ID: 167211Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Retail OperationsPosition: Intern, Store CommunicationsLocation: Sephora Field Support...
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San Francisco, CA

Intern, Talent Acquisition

Type: Internship
Job ID: 167383Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Human ResourcesPrime your career at Sephora.At Sephora, we believe our single most...
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San Francisco, CA

Intern, Continuous Improvement & Process Improvement

Type: Internship
Job ID: 167382Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Information TechnologyPosition: Continuous Improvement & Process Improvement...
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San Francisco, CA

Intern, Innovation Lab

Type: Internship
Job ID: 167384Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimeHourly/Salaried: HourlyPosition Type: Intern/TraineeJob Function: Retail OperationsPosition: INNOVATION LAB INTERNLocation: Sephora Field Support Center...
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San Francisco, CA

Intern, Supply Chain Engineer

Type: Internship
Job ID: 167377Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Information TechnologyPosition: IT Supply Chain Engineer - InternLocation: Sephora Field...
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San Francisco, CA

Intern, IT Finance Engineer

Type: Internship
Job ID: 167370Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Information TechnologyPosition: IT Finance Engineer - InternLocation: Sephora Field...
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San Francisco, CA

Intern, Merchandising - Skincare

Type: Internship
Job ID: 167402Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: MerchandisingPosition: SKINCARE MERCHANDISING INTERNLocation: Sephora Field Support...
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San Francisco, CA

Private Client Advisor II

Type: Full Time, Full Time Alumnus
Job Description:Business Overview:U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients wealth structuring, investment management, banking and credit needs. Clients are served...
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Intern, Brand Education & Design

Type: Internship
Job ID: 167100Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Human ResourcesPosition: Intern, Brand Education & DesignLocation: Sephora Field...
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San Francisco, CA

Investment Analyst

Type: Full Time, Full Time Alumnus
Company Overview:Choate Investment Advisors is a leading independent investment advisor that manages almost $5 billion in assets for high net worth families and institutions. Together with the Wealth Management Group at Choate, Hall & Stewart, we provide comprehensive family office services...
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College Summer Internship

Type: Internship
College Internship ApplicationOur dealership is looking for students with excellent social skills, enthusiasm, accomplishments and drive!Our internship program meets the needs of today while preparing students for the workforce of the future. The goal of the program is to recruit talented,...
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Intern, Education Design

Type: Internship
Job ID: 167214Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: Human ResourcesPosition: Education Design InternLocation: Sephora Field Support Center (...
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San Francisco, CA

Intern, 3D Environments Designer - Store Concepts

Type: Internship
Job ID: 167235Location Name: CA-FSC SF Off (0174)Address: 525 Market St, 32nd Floor, San Francisco, CA 94105, United States (US)Job Type: Full TimePosition Type (Regular/Temporary): Intern/TraineeJob Function: MerchandisingPosition: Intern, 3D Environments Designer - Store ConceptsLocation: Sephora...
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San Francisco, CA

Corporate Development Intern

Type: Internship
About Dorman ProductsAutomobiles are usually the second largest expense people have in their lives. Shouldn't we all be able to protect these investments in a reliable, cost-effective way?That's what Dorman has believed since 1918. Our mission is to give repair professionals and vehicle...
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