Personal Statement On Personal Financial Advisors

As a student approaching the adult hood, it’s time to look for an occupation to begin my career. After long hours of thinking and researching different job titles, I have been focusing my attention on personal financial advisors. The occupation caught attention for it is one of the higher paid jobs in the business field. After going over certain aspects, skills, and qualities of my character, the job as a financial advisor fits into my interests, values, abilities, personality, and experience. The first question I ask myself is what do personal financial advisors actually do? According the Bureau of Labor Statistics (2015), â€Å"personal financial advisors provide advice on investments, insurance, mortgages, college savings, estate planning,†¦show more content†¦Ã¢â‚¬Å"Private bankers manage a collection of investments, called a portfolio, for these clients buy using the resources a bank, including teams of financial analysts, accountants, and other professionals† (Bureau of Labor Statistics, 2015). I chose to research this occupation because I know it has a big impact on the business community and those who pursue the occupation. I am currently pursuing a degree in business at The University at Albany. I don’t have much experience in the business field, but for now it is what I would like to pursue. The occupation seems to have some perks to it, holding a â€Å"High median salary of $89,160† (Daley, Tom, 2015). Financial advisor ranked No. 3 on the U.S. News and World Report Best Business Jobs. According to U.S. News and World Report, â€Å"On top of their salaries, many advisors also earn substantial bonuses at the end of the year.† Going beyond the money, which is in fact and important thing to me, I see this job as a good start to coming out of college with a degree. â€Å"Multiple career paths are available as a financial advisor,† Mr. Daley of Investment News said. â€Å"Large firms, small or mid-size branches or as an entrepreneur eventually opening a solo practice.† An asset to me, one import to fitting my lifestyle would be that the job is not â€Å"location specific.† â€Å"Financial advisors are needed in large cities andShow MoreRelatedMission Of The Company 41500 Words   |  6 PagesStrategy 8 D1. 4Ps 8 D2. Price List 8 D3. Promotional Strategy 8 D4. Sales Forecast 8 E. Implementation Strategy 9 E1. Overall Strategy 9 E2. Monitoring Plan 9 F. Financial Statements and Projections 10 F1. Forecasted Profit and Loss Statement 10 F2. Forecasted Balance Sheet 10 G. Financial Report 11 G1. Financial Projections 11 G2. Financial Position 11 G3. Estimated Capital/Investment Needs 11 â€Æ' A. Company Summary Suggested length of 4–6 pages B1. Industry History: Describe the history of the industryRead MoreBusiness Scripts1417 Words   |  6 PagesSystem AC571 Professor Jeffrey Pullen Introduction and Summary Susie calls to schedule an appointment with her doctor. She arrives ten minutes before her appointment and signs in. Since this is her first visit, she hands the receptionist her personal information. The receptionist inputs all her information in the computer and asks for her insurance card. Once that is entered, she then asks her to pay up front the visit fee. Susie pays the fee. She then takes a seat and waits to be called. Read MoreBuilding Up A Sustainable Wealth Management Or Financial Planning Profession1501 Words   |  7 PagesIn order to build up a sustainable wealth management or financial planning profession, many issues need to be taken into consideration and ethics is an important factor in this matter. We cannot deny that ethics plays an important role in this issue. According to Kohlberg’s stages of moral development, there are 3 classification levels of moral development, which are pre-conventional stage, conventional stage and post-conventional stage (Lawrence 1971). Under pre-conventional stage, it consistsRead MoreFuture Of Financial Advice Report1097 Words   |  5 PagesFUTURE OF FINANCIAL ADVICE REPORT INTRODUCTION: The Australian financial industry underwent a comprehensive overhaul in the administration of both financial based products and services introduced in July 2012 under guidelines referred to as the Future of Financial Advice Reforms, (Van Eekelen, 2014, p. 1.6). All avenues involving the dissemination of financial advice to clients have been affected by the new compulsory guidelines since July 2013. Under new guidelines, financial advisors need to maintainRead MoreCareer Planning At Arkansas State University1633 Words   |  7 PagesASU’s career services will review a student’s resume to ensure a he or she puts his or her best foot forward when applying for a position, or if a student does not have a rà ©sumà ©, they will help him or her develop a strong one. I have already had a personal experience with ASU’s resume reviewing last when I had my resume reviewed. Proofing my resume, the friendly staff offered helpful tips to strengthen my resume such as changing certain fonts and formats to better emphasize some of my skills, or addingRead MoreWall Street Journal: Analysis of Angels Investment Plan687 Words   |  3 Pagesï » ¿Introduction In this text, I analyze Angels situation in regard to access to the relevant investment/financial information necessary for him to manage the portfolio of stocks left behind by Maries uncle. Marie is Angels wife. The need for an experienced stockbroker and the role such a stockbroker could play in this scenario will also be analyzed. Discussion The relevance of the Wall Street Journal cannot be overstated given Angels desire to manage his own portfolio. The Wall Street JournalRead MoreLaw Case Study846 Words   |  4 Pagesconclude that it would be likely to result in serious harm to any of the individuals to whom the information relates. Who will be affected? The change in legislation will apply to any organisation that stores personal information of employees, clients or customers, credit reports and financial information, and any other information required to be kept secure under the Privacy Act 1988 (Cth). It also affects not-for-profit organisation with an annual turnover more than $3 million. If you have employeeRead MoreThe Board Of Directors Of Easter Seals North Ga Inc.1400 Words   |  6 Pageswith the approval and resolution of the Board of Directors of Easter Seals North GA, Inc. The â€Å"ERISA Committee† is established for the effective monitoring of 401 (k) retirement plans and hiring the service providers such as registered investment advisor or insurance company to fulfill the fiduciary obligations applicable under the Employee Retirement Income Security Act. COMMITTEE MEMBERS The Fiduciary Investment Committee shall consist of the following members: (1) CEO/ President (2) CFO Read MoreOrganizational Structure And The Organization789 Words   |  4 PagesOrganizations are founded on the basis that they want to accomplish a goal. Organizations differ from one another in various ways, and that is stated in their mission and vision statement as well as their goals. Every organization has a set pattern that helps to establish the structure on which it will accomplish the goal of the business. According to Prodanciuc, organizational structure is the fundamental concept that helps the organization be organized and administrated. The organizing takes placeRead More Becoming a CPA Essay1319 Words   |  6 Pagesskills and abilities to be a trusted business advisor to your clients or employer. They mean you feel comfortable with the latest technology. They mean you are an ethical individual who can provide an independent analysis. CPA’s are many things. They are chief financial officers for Fortune 500 companies and advisors to small neighborh ood businesses. They work for large and small public accounting firms. They are well-respected strategic business advisors and decision-makers. They act as consultants