Personal Financial Advisors

Also Called:

Certified Financial Planner (CFP),

Financial Advisor,

Financial Planner,

Portfolio Manager

What they do: Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

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Finance

Career Cluster

What do they typically do on the job?

  • Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
  • Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
  • Answer clients' questions about the purposes and details of financial plans and strategies.

Personality

People interested in this work like activities that include leading, making decisions, and business.

Initiative

Perseverance

Social Orientation

Achievement Orientation

Intellectual Curiosity

Cautiousness

Interests

Career interests describe the perspectives and interests of people who enjoy the type of work involved in this career.

Discover what your interests are by taking the Interest Profiler Quiz

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Enterprising

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Conventional

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Social

Knowledge

People who want to pursue this career have knowledge in these areas.

Business

  • Customer service

  • Accounting and economics

Arts and Humanities

  • English language

Math and Science

  • Arithmetic, algebra, geometry, calculus, or statistics

  • Psychology

Abilities

Whether you have received formal training or not, these types of abilities are helpful in this career.

Verbal

  • Communicate by speaking

  • Listen and understand what people say

Math

  • Add, subtract, multiply, or divide

  • Choose the right type of math to solve a problem

Ideas and Logic

  • Make general rules or come up with answers from lots of detailed information

  • Use rules to solve problems

Skills

People who want to pursue this career have skills in these areas.

Basic Skills

  • Listening to others, not interrupting, and asking good questions

  • Reading work related information

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

People and Technology Systems

  • Thinking about the pros and cons of different options and picking the best one

  • Figuring out how a system should work and how changes in the future will affect it

Work Values

Work values describe how your core beliefs align with those commonly needed for this career.

Independence

Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.

Achievement

Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

Recognition

Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

Does this sound like something you'd like to do?

1. Do some research
  • Identify how your interests, values, and strengths match this occupation
  • Talk to someone who works in this field or spend a day job shadowing
  • Use the colleges and training directory to explore programs related to this career
2. Plan your next move
  • Talk to your college and career counselor or school admissions staff
  • Visit Idaho Launch
  • Search for available Personal Financial Advisors jobs on Idaho Works

Data for NSI career cards comes from the following: Idaho Department of Labor, US Bureau of Labor Statistics, O*NET, MyNextMove, and Career OneStop