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Financial Consultant » Overview

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Interested in planning the future of companies or individuals ?
Financial Consultant
Financial consultants work with clients to develop individualized financial plans for savings, retirement, investments and insurance. They spend much of their time marketing their business and recruiting new clients. Many become certified in financial planning as well as licensed to sell financial products.
 
Financial consulting is a service provided by Certified Financial Consultants to large corporations, government agencies and individual clients. The role of a financial consultant is to provide an independent, expert opinion on a proposed business plan or decision. There are two main types of financial consulting: business and personal.
 
 
Business
In a business financial consulting arrangement, the client has a specific plan or concept they want an independent opinion about. The role of the consultant is to review the proposed plan and identify strengths and weaknesses. They are also expected to provide advice on risk management, pending government regulations, industry trends and long-term viability.
 
 
Personal
Companies who require expertise in accounting, finance, insurance and other aspects of finance hire a business financial consultant. Individual clients use the services of financial consultants to manage their investments, property holdings and long-term financial plans. The skills required for these two roles are slightly different, as are the client expectations.
Medium_7096bb4138aa199f7dd64d31e971ee3e Nick Li
Manager - Corporate Finance

Study Related Questions What did you study? Postgraduate Diploma in Business, majoring in accounting Why did you choose this... read more »

Medium_beb74c70d67cfd680e9dc89e05b2847a Regan Butler
Associate at Grant Thornton New Zealand

Study What did you study? Bachelor of Commerce, major in accounting with a minor in economics. Why did you choose this... read more »