Looking for a great career? Why not consider going into the financial services industry? If you li๊ke a challenge, then this field might be the one for you. Working in this sector can also be very rewarding—both on a personal level and from a financial perspective. In fact, depending on the position and your years of experience, the earning potential can be unlimited. But how do you ge🧔t started?

Learn more about how to become a 澳洲幸运5官方开奖结果体彩网:financial advisor, choosing where to work, and so❀me﷽ of the top companies in the financial sector.

What Is a Financial Advisor?

澳洲幸运5官方开奖结果体彩网:Financial advisors provide their clients with financial advice for different services whether that entails how to manage their investments, how to manage and plan their estates, or how to prepare for their taxes.

The term financial advisor tends to be fairly obscure. That's because different financial professionals fall into this broad category including bankers, estate planners, insurance agents, 澳洲幸运5官方开奖结果体彩网:investment managers, 澳洲幸运5官方开奖结果体彩网:stockbrokers, and tax professionals. As such, you can find them working in any number of financial companies from banks to brokerage firms and insurance companies, and even 澳洲幸运5官方开奖结果体彩网:wealth management firms.

A financial advisor's first duty is to their client. That means they must have the best interests of their clients before anything else. As such, they are held to certain standards and must follow ethical guidelines.

Most financial advisors have an undergraduate degree in accounting, finance, economics, math, or business. Some may have a graduate degree and may also take specific courses if they choose to specialize in a certain discipline such as estate planning, risk management, tax preparation, or portfolio management. Some advisors may also seek out special designations including 澳洲幸运5官方开奖结果体彩网:certified financial planner (CFP), 澳洲幸运5官方开奖结果体彩网:certified public accountant (CPA), among others.

Salary and Job Outlook

According to the U.S. 澳洲幸运5官方开奖结果体彩网:Bureau of Labor Statistics (BLS), the median annual salary for personal financial advisors was $89,330 in 2020. The top 10% in this field earned more than $208,000, while the lowest 10% earned less than $44,100. Financial advisors are also likely to earn bonuses, which are not included in these figures.

The BLS reported that there were 275,200 jobs in this field in 2020. Prospects for employment in the field are positive, with an expected change in need for financial advisors to be around 5% for the 10-year period between 2020 to 2030. This growth is primarily due to an aging population that will require more financial planning🐼 services.

So where should you work? If you're looking for a good place to start, consider joining a major firm. The best company reflects your personal preferences. Although the financial compensation may not be as high, 澳洲幸运5官方开奖结果体彩网:retail banks a🍃re also gr▨eat places to get a good start on your career as a financial advisor.

A self-starter who likes having the independence to call his or her own shots may fit best at a place like Raymond James (RJF), which offers advisors several types of affiliation. Or perhaps you're looking for the advantages that come with working at one of the 澳洲幸运5官方开奖结果体彩网:big-name firms like Fidelity Investments or 澳洲幸运5官方开奖结果体彩网:Charles Schwab (SCHW).

If you want to be free to choose when and how you work, you may have some success working independently. But keep in mind, accomplishing this takes some time. This option may be better after you've amassed a few years of experience under your belt. That's because you'll need to build up your reputation as well as your client base.

Questions to Ask Yourself

How do you choose? Lots o🎀f research, interviews wi🍰th employees, and some soul-searching. Ask yourself:

• What type of environment do you prefer—casual, or corporate?
• Do you like flying solo or do you prefer or the hustle and bustle of a big firm?
• Where do you want to be located geographically?
• What type of clients are you interested in serving?
• What type of work would you like to do?
• What type of services will you offer? 

The Fortune List

Each year, Fortune puts out its list of the 100 Best Companies to Work For—a well-regarded survey that looks at factors like the credibility of a firm's management, employee job satisfaction, and workforce camaraderie. Many financial services firms, investment companies, and insurance companies make the grade and may offer ideas about the best places for financial advisors to work.

The following are the finance sector's top five companies listed in order of their rank on the 2021 list:

• 澳洲幸运5官方开奖结果体彩网:Capital One Financial in 9th place
  
• Edward Jones in 20th place
• 澳洲幸运5官方开奖结果体彩网:Bank of America in 22nd place
• Nationwide in 25th place
• Baird in 32nd place
  

The Bottom Line

Job seekers 🍸looking for 𒈔a financial advisor position have lots of factors to sift through. Remember that many of the large financial services firms have offices nationwide and that locations may offer employees a different work environment and benefits. Make sure you do your homework. Speak with current and, if possible, former employees about their experiences. Investigate work practices and research any ethical violations.

Additionally, do some background research on 澳洲幸运5官方开奖结果体彩网:fee structures and 澳洲幸运5官方开奖结果体彩网:corporate culture. In the end, what is the best company for a financial advisor? It's the one that🔴 matches up with your skill set and personal preferences🍌.