Is a financial representative a financial advisor?

A: Most financial planners are investment advisers, but not all investment advisers are financial planners. They usually put “Financial Representative” or “Financial Planner” as their title.

What does a financial representative do?

What Do Financial Representatives Do? Provide financial advice and match financial products with customers’ needs and goals. Develop long-term rapport with customers and foster profitable relationships. Monitor market trends, identify and pursue potential customer leads, and meet sales goals.

Can you be a financial advisor without a CFP?

Becoming a CFP is not a requirement to be a financial advisor, but it helps “distinguish you as more credible,” Castro says. For this reason, even advisors who obtain their FINRA licenses may go on to complete their CFP.

Is being a financial representative a good job?

Taking on the role of a financial advisor provides a range of opportunities not widely available in many career fields. In addition to offering valuable advice to clients, successful financial advisors have virtually unlimited earning potential, flexibility in work schedule, and control over their practice.

How much does a financial representative make at Fidelity?

Average Fidelity Investments Financial Representative yearly pay in the United States is approximately $52,601, which is 17\% below the national average.

What is an investment representative?

Investment Representative. The Investment Representative’s job is to execute client instructions in accordance with industry trading regulations and firm policies, and provide accurate and timely information on market activity, company products and services and customer account information.

Who is an investment advisor representative?

An investment adviser representative generally is a person who, for compensation (1) makes any recommendations or otherwise renders advice regarding securities; (2) manages accounts or portfolios of clients; (3) determines which recommendation or advice regarding securities should be given; (4) solicits, offers, or …

https://www.youtube.com/watch?v=F_HBArBxKe8