Wealth Advisor

Job Description:

Wealth advisors are professionals who provide comprehensive financial planning and investment management services to individuals, families, and businesses

Job Category:
Financial Services

What you will do:

The role of a wealth advisor involves a wide range of responsibilities and activities, including:

  • work closely with clients to assess their financial situation, including income, expenses, assets, liabilities, and financial goals
  • create customised financial plans that address various aspects of a client’s financial life
  • develop and implement investment strategies tailored to a client’s risk tolerance, investment objectives, and time horizon
  • selecting and managing a diversified portfolio of assets
  • help clients determine the appropriate asset allocation for their portfolios
  • assess a client’s risk profile and develop strategies to mitigate risks associated with investments, insurance, and other financial aspects
  • provide guidance on tax-efficient investment strategies and help clients minimise their tax liabilities
  • help clients plan for a financially secure retirement


You’ll need:

  • maths knowledge
  • customer service skills
  • the ability to read English
  • to be able to use a computer and the main software packages competently

As well as:

  • to be thorough and pay attention to detail (organisation skills)
  • ambition and a desire to succeed
  • the ability to accept criticism and work well under pressure (adaptability skills)
  • excellent verbal communication skills
  • analytical thinking skills
Illustration of employee looking at workspace

Entry Requirements:

To become a Wealth Advisor you’ll typically need a strong educational foundation, relevant work experience, and professional certifications. While there are no specific qualifications required for this profession, certain subjects and skills can be beneficial for aspiring Wealth Advisors. Here are some subjects that can be valuable:

  1. Mathematics: Strong math skills are essential for understanding financial concepts, performing financial calculations, and creating investment strategies.
  2. Business Studies: Business studies can provide you with foundational knowledge of business principles, economics, and financial markets.
  3. Economics: Courses in economics can help you understand economic principles, market dynamics, and investment strategies.
  4. Accounting: Familiarity with accounting principles can be valuable for analyzing financial statements and managing clients’ financial portfolios.
  5. English: Strong written and verbal communication skills are important for effectively communicating with clients, colleagues, and stakeholders.

Post School

Start by earning a bachelor’s degree in a relevant field, such as finance, economics, business, accounting, or a related discipline. This program should provide you with a strong foundation in financial concepts.

Work Experience
Gain relevant work experience in the financial industry. This can include roles in banking, financial advising, investment analysis, or other related positions.

Professional Certifications
Consider obtaining industry-recognised certifications, such as the Certified Financial Planner (CFP) designation or the Chartered Financial Consultant (ChFC) designation, to enhance your credentials and expertise.

Depending on your location and the specific services you provide, you may need to obtain licenses to sell securities, insurance, or other financial products. Licensing requirements vary by jurisdiction.

Build a professional network within the financial industry by attending industry conferences, joining financial associations, and connecting with experienced professionals.

Working Hours and Environment:

You’ll usually work standard office hours, 38-40 hours a week, Monday to Friday, with possible overtime at busy periods like the end of the tax year.

You’ll be office-based but will also travel to meet clients.

Career Path & Progression:

Experienced Wealth Advisors may transition to private banking roles, where they provide specialised financial services to high-net-worth clients.

As you gain experience, you can move into leadership roles within a wealth management team, where you oversee other advisors and help set the team’s strategy.