Financial adviser

Financial adviser

A financial adviser suggests ways in which clients can best manage their money.

Financial advisers serve both individual and retail clients. They suggest ways in which clients can best manage their money and can either work on an independent basis, be contracted to a single company or else several companies.

Work activities

  • Suggesting strategies to clients to help them reach their financial objectives in insurance, cash management and investment issues.
  • Reviewing clients’ accounts.
  • Buying and selling stocks and bonds on behalf of clients.
  • Offering asset management advice.
  • Providing advice and guidance on pensions.

Work conditions

Travel: work is office/home based, though travel during the day to attend meetings is common.
Working hours: are typical office hours with some weekend work (depending on the client).
Location: Financial advisers are based throughout the Republic of Ireland and Northern Ireland.

Entry requirements

A degree in finance, business maths or accounting is generally required. A Professional Diploma in Financial Advice is necessary to become a financial advisor in the Republic of Ireland. The QFA Board establishes the academic standards for the Professional Diploma in Financial Advice and examinations. Completion of the diploma grants Qualified Financial Advisor (QFA) status.

A Certificate/Diploma in Financial Planning is needed to practise as a Financial Adviser in Northern Ireland.