WHAT DOES A FINANCIAL ADVISOR DO?
Reviewed under Editorial Standards by Lam Nguyen
Published: Jun 9, 2025 - The Financial Advisor delivers a wide array of investment solutions and personalized financial planning to support client objectives. This role involves building strong client networks through prospecting, community engagement, and consistent follow-ups, while providing expert-level portfolio guidance and performance reviews. The advisor also ensures compliance with industry regulations and keeps junior staff informed about evolving investment products.
A Review of Professional Skills and Functions for Financial Advisor
1. Financial Advisor Job Summary
- Client Visits: Hold client visits and attend/participate in client visits
- Marketing Strategy: Develop a marketing strategy with marketing to generate and qualify new leads
- Client Service Management: Manage and resolve complex client service problems
- Financial Analysis: Review and interpret financial statements
- Client Communication: Contact clients or prospects to confirm and gather any additional information
- Client Engagement: Maintain contact during the financial planning process
- Event Participation: Participate in seminars and client appreciation events
- Tool Utilization: Utilize and understand the unique tools and processes available
- Process Improvement: Review work methods and procedures for possible quality improvements and efficiencies
- Task Delegation: Assign and delegate work and provide feedback to other planning support staff
- Regulatory Compliance: Adhere to all compliance and regulatory requirements
2. Financial Advisor Accountabilities
- Life Insurance Support: Provide Life Insurance planning support to clients
- Client Relationship Support: Support Life Insurance professionals to cultivate client relationships
- Financial Plan Preparation: Prepare financial plans and check accuracy
- Customer Query Response: Respond to prospective customer queries about financial planning around life insurance
- Strategic Planning: Assist in the development of plans for the company
- Subject Matter Expertise: Offer subject matter expertise to fellow Financial Advisors
- Legislative Awareness: Maintain awareness of the latest legislative changes that may affect financial planning
3. Financial Advisor Functions
- Advisor Support: Provide dedicated support to a senior financial advisor in the service of DFSI clients
- Product Knowledge: Offer above-average understanding of investment, insurance products, and solutions
- Client Relationship Management: Cultivate client relationships while providing excellent customer service
- Regulatory Compliance: Stay current on both investment and insurance industry regulatory requirements
- Team Collaboration: Work within a team to best serve clients.
4. Financial Advisor Job Description
- Client Acquisition: Develop strong relationships with potential clients to build a strong customer base
- Financial Security Support: Assist with the maintenance and upkeep of client financial security by providing goal-based solutions
- Product Knowledge: Understand company products and best practices
- Cross-functional Communication: Communicate effectively amongst clients and internal cross-functional departments
- Financial Education: Help people become financially ready by educating them through the right financial planning
- Financial Protection Guidance: Help people have peace of mind that no matter what their goals are in Savings, Investments, Education, Retirement, and Income Protection from critical illness and accidents
- Client Relationship Management: Build strong client relationships through regular policy reviews and market updates
- Wellness Promotion: Help live healthier, longer, and better lives through AIA Philippines Vitality programs
5. Financial Advisor Overview
- Investment Solutions: Provides a broad range of investment solutions and products to help meet customer goals and offer in-depth guidance through Financial Planning services
- Prospecting and Outreach: Identifies and follows up on all opportunities to establish customer relationships, including prospecting, lead utilization, and local market/community involvement
- Client Network Building: Builds and maintains a strong client network and pipeline
- Portfolio Planning: Provides and demonstrates expert-level portfolio planning skills and comprehensive industry and investment knowledge
- Performance Review: Conducts and/or participates in investment performance and relationship reviews
- Team Communication: Keeps junior-level staff informed about investment products and opportunities
- Compliance Adherence: Adheres to compliance requirements and follows corporate and industry protocols
6. Financial Advisor Details and Accountabilities
- Asset Growth: Recruit new and grow existing assets under management
- Client Consultation: Meet with prospects and existing clients to discuss financial goals, educate and answer questions about various investment options, and potential risks
- Financial Education: Meet with School Districts and non-profit organizations providing financial planning education designed to improve 403(b)/457(b) plan participation rates
- Financial Needs Assessment: Assess the financial needs of individuals and assist with developing a financial plan
- CRM Management: Memorialize and input prospect and client communication into CRM
7. Financial Advisor Additional Details
- Client Advisory: Working with clients coast to coast to analyze needs, answer questions, provide personalized advice, and help guide them to achieve financial goals
- Client Education: Educating, guiding, and providing useful Canadian resources to clients
- Customer Service: Delivering exceptional customer service through expertise, responsive service, and support
- Regulatory Awareness: Staying knowledgeable about emerging issues, evolving regulations, and industry codes of conduct
- Client Relationship Management: Building and maintaining excellent client relationships
- Issue Escalation: Raising matters to team members while maintaining confidentiality and accuracy
- Business Development: Contributing to business development activities and process improvement opportunities to protect the interests of the organization
Editorial Process
Lamwork content is developed through structured review of publicly available job postings and documented hiring trends.
Editorial operations are managed by Thanh Huyen, Managing Editor, with research direction and final oversight by Lam Nguyen, Founder & Editorial Lead. Content is periodically reviewed to reflect observable labor market changes.