financial planner

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financial planner

Professionals

Business and administration professionals

Finance professionals

Financial and investment advisers

financial planner

Description

Code

2412.4

Description

Financial planners assist people dealing with various personal financial issues. They are specialised in financial planning, such as retirement planning, investment planning, risk management and insurance planning, and tax planning. They advise a strategy tailored to the client's needs. They ensure the accuracy of bank and other financial records while maintaining a customer-orientated approach and following ethical standards.

Scope note

Includes wealth advisers

Alternative Labels

financial adviser

financial planning practitioner

independent financial adviser

personal banker

personal financial adviser

personal financial planner

wealth adviser

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Narrower occupations

- relationship banking manager

Skills & Competences

Essential Skills and Competences

advise on financial matters analyse the credit history of potential customers apply technical communication skills assess risks of clients' assets budget for financial needs create a financial plan handle financial transactions identify customer's needs interpret financial statements maintain credit history of clients obtain financial information offer financial services provide financial product information provide support in financial calculation review investment portfolios synthesise financial information

Essential Knowledge

banking activities customer service economics financial forecasting financial markets investment analysis modern portfolio theory

Optional Skills and Competences

advise on investment advise on tax planning analyse business plans analyse financial performance of a company analyse financial risk analyse insurance needs analyse loans analyse market financial trends assess debtor's financial situation assist in loan applications assist in will writing calculate employee benefits collect financial data communicate with banking professionals consult credit score create banking accounts develop investment portfolio disseminate information on tax legislation guarantee customer satisfaction inform on interest rates maintain records of financial transactions manage financial risk manage pension funds monitor loan portfolio operate financial instruments prepare real estate contract protect client interests sell insurance value properties

Optional Knowledge

accounting techniques business loans debt systems financial jurisdiction financial management financial products foreign valuta mortgage loans principles of insurance real estate market securities stock market tax legislation types of insurance types of pensions

Skills & Competences

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/21de0f3b-a71a-4263-a9ba-90c5f3721b4d

Status

released

Occupations

financial planner

Description

Skills & Competences

Skills & Competences

Concept URI