Personal Financial Advisor

What Does A Personal Financial Advisor Do?

Personal financial advisors assess the financial needs of individuals and help them with decisions on investments (stocks and bonds), college savings, estate planning, tax laws, and insurance.

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Financial Advisor Shorty

How Do I Become A Personal Financial Advisor?

A four-year bachelor’s degree in finance, economics, accounting, business, law, or a related field is necessary to obtain this position. A higher degree (master’s) in a related field, which may take an additional two years to earn, would be more valuable.

What is the Average Salary For A Personal Financial Advisor?

High – 208,000
Median – 90,000
Low – 41,000

What Courses Should I Take To Become A Personal Financial Advisor?

  • English – As much as possible!
  • Math
  • Communication
  • Business
  • Economics
  • Accounting
  • Psychology

What Is The Work Environment For A Personal Financial Advisor?

Most personal financial advisors work in the finance and insurance industry or are self-employed. They typically work full time and may meet with clients in the evenings or on weekends.

What Is The Future Outlook For A Personal Financial Advisor?

The job outlook for this position looks very good over the next 10 years, keeping in mind that geographical differences may exist.


  • Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook
  • Explore Careers, Labour Market Information, Government of Canada