WHAT DOES A FINANCIAL ADVISOR DO?

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
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