I want to become a financial advisor!?


Question:
I really would like to become a financial advisor, and am expected very good exam results. What other qualifications would i need apart from GCSEs and A Levels? And do i need experiance to start off with .. if yes what? Please can someone help me?! thnx laura xx

Answer:
Hi Laura,

I work in an Investment bank and I know that you will need to study major Finance to become a financial advisor , you have to also study Economics, Mathmatics, Accounting and Audit , with double concentration each , also Statistics is good..

Try to apply for the CPA or CFA
try contacting one of the large banks or insurance companies to enquire about their training programs. Most have these for young graduates or those with the capability to handle the working requirements.

Good luck. Its a very lucrative business if you are good at it.
To become an adviser in the current climate, you need Cefa 1,2,3 and 3 Cemap exams (for mortgage advising).

It is not so much the knowledge but the hunger for sales and money that you need. Remember it is a sales job more than anything.

If you wanted to be an IFA you need to be good at networking in order to build up your client base, you need to find YOUR OWN clients.

Most banks will take you on such as Abbey, and they will usually pay for your exams, but it is easier to get into it if you take the first Cefa exam before you apply.

I am an FA so I Hope this helps.
What an ambition. Not yet left school and already looking for a method of screwing other people through the numbers game. No rebelliousness in youth anymore? The only IFA's I know are only doing it because either they failed at life or they never knew how to find one anyway.
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