What does a Financial Consultant do?

A financial consultant is responsible for creating financial plans for organizations and individuals alike. They are responsible for ensuring that the organization accomplishes their financial goals through various means. A few of the main duties of a financial consultant are developing financial strategies, monitoring the financial situation, forecasting the fiscal year, and giving clients different options. They also have to create in-depth reports on the organization's financial state. Some of the jobs titles that a financial consultant could grow into are director of finance and chief financial officer.

A financial consultant should have five years of experience as well as a Bachelor's degree in finance. One of the most important skills that a financial consultant will have is great attention to detail. Another skill is finance skills as the financial consultant will have to be able to help the organization create financial plans. They also need to be able to effectively communicate with everyone in their department.

  • Create long term goals for the client
  • Develop financial plans for the client
  • Monitor financial health of clients
  • Create different investment plans for clients
  • Prepare financial analysis and reports
  • Keep up to date on the latest market trends and information
  • Develop a tax strategy for clients
  • Advise clients on capital investments
  • Bachelor's degree in finance or accounting
  • Incredible math skills
  • Ability to connect with clients
  • Excellent attention to detail
  • Incredible analytical and problem solving abilities
  • Ability to accurately predict market trends
  • Deep knowledge of the financial industry and regulations
  • Deep knowledge of investing
  • Ability to analyze a client's financial situation
Education--
Work/Life Balance
3.7 ★
Salary Range--
Career Opportunity
3.7 ★
Avg. Experience2-4 years

Financial Consultant Salaries

Average Base Pay

$67,183 /yr
Same as national average
Not including cash compensation
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$38K
Median: $67K
$119K
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Glassdoor Estimated Salary

Financial Consultant Career Path

Learn how to become a Financial Consultant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Financial Consultant Insights

Read what Financial Consultant professionals have to say about their job experiences and view top companies for this career.
PHP AgencyPHP Agency
Financial Consultant
Dec 17, 2020

“motivational and great career opportunities”

HDFC Standard Life InsuranceHDFC Standard Life Insurance
Finance Consultant
Nov 1, 2021

“Good Incentives and Bonuses.”

Arkshire Financial
Financial Consultant
Feb 25, 2020

“I have worked with the company for 4 years now and it has been one of the best work environments.”

Charles SchwabCharles Schwab
Financial Consultant
Mar 27, 2021

“Clients are great and the wealth management industry is really rewarding”

UnitedHealthCareUnitedHealthCare
Financial Consultant
Jul 24, 2020

“Good work life balance and ability to craft your career path”

AXAAXA
Financial Consultant
Sep 16, 2019

“Not much progression and no clear career path”

J.P. MorganJ.P. Morgan
Financial Crimes Consultant
Sep 22, 2020

“Great pay and development really enjoyed it”

US ArmyUS Army
Financial Consultant
May 19, 2020

“great learning experience and I enjoyed my time”

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