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Job Description

Financial Advisers are experts in money management and will give advice to commercial enterprises, businesses, groups, societies or private individuals on investments, savings and generally how to get the most suitable products for their needs.  They will research the marketplace to find the best deals available for their clients and may specialise in a particular product such as pensions, mortgages or investments.

Entry Requirements

To get a trainee financial adviser job, you'll need:

  • GCSEs at grades 9 to 4 (A* to C) in English and maths
  • work experience in customer service, sales or finance

You could get into this job through an apprenticeship.

You could also start as a paraplanner, providing research and administrative support to a financial adviser.

With a degree you could get onto a graduate training scheme with a bank or firm of financial advisers.

You'll also need a qualification in financial advice that's approved by the Financial Conduct Authority (FCA), though you can usually get this while working.

For this, you'll have:

a credit check to confirm you don’t have outstanding debts
a background check from the Disclosure and Barring Service (DBS).

Career Path and Progression

If you work for a large financial organisation, you could specialise in one area of work like retirement planning. You could also move into management, recruiting and training new staff.

With further specialised professional qualifications, you could become a director or partner in your firm.

Another option is to move into compliance work, making sure your company is following industry guidelines.

Related careers you may be interested in:

  • Bank manager
  • Banking customer service adviser
  • Business adviser
  • Financial services customer adviser

National Government Policy states that all students should have achieved at least a Grade 4 or C Grade in English & Maths at GCSE.  Achieving this minimum grade in these subjects will increase the opportunities open to you, support your future career development and prospects.

Students who do not meet this standard will be supported to continue to study English and Maths through full-time education or an Apprenticeship.

Required Skills

  • Excellent communication and interpersonal skills
  • The ability to explain financial information clearly
  • Negotiation and persuasive skills
  • Determination to meet set targets
  • A flexible approach
  • Able to work under pressure
  • Discretion and understanding the need for client confidentiality
  • Able to make decisions
  • Self motivated and able to manage your own time

Starting Salary

£25,000 to £90,000

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