Search Your Need

Wednesday, August 18, 2010

Finance Jobs For Personal Financial Advisors

Positions for personal financial advisors are among the fastest-growing and highest-paying Denver finance jobs available.

Personal financial advisors are responsible for assessing a client's assets, liabilities, funds flow, insurance coverage, tax status, and financial objectives in order to come up with financial designs. They do this by using knowledge of tax and investment strategies, securities, insurance, pension designs, and actual estate.

Most candidates for personal financial advisor jobs ought to have a bachelor's or graduate degree. In addition, any personal financial advisor who directly buys or sells stocks, bonds, insurance policies, or specific investment advice needs to get the proper correlating licenses.


There were about 208,400 personal financial advisors throughout The united states in the coursework of 2008, according to the U.S. Bureau of Labor Statistics. About 63 percent worked in finance and insurance industries and about 29 percent were self-employed.


Between 2008 and 2018, employment of financial advisors across the country is anticipated to grow by 30 percent, meaning there will be plenty of competition for available jobs.


Employment of personal financial advisors in the Denver area is expected to increase from 2,420 workers in the coursework of 2009 to 2,731 workers by 2019, accounting for 311 additional jobs and an average annual growth rate of 1.2 percent.


According to the Colorado Department of Labor & Employment, the largest industries that employed personal financial advisors in the Denver area in the coursework of 2009 were:


Financial investment and related activity - 37.5 percent

Credit intermediation and related activity - 20.1 percent
Money, trusts, and other financial vehicles - 3 percent
Management of companies and enterprises - 1.3 percent
Professional and technical services - Confidential percentage
Administrative and support services - Confidential percentage
Hospitals - Confidential percentage

In the coursework of 2009, the average wage for financial advisors in the Denver area was $23.22 per hour or $48,300 per year, while the average entry-level wage was $16.30 per hour or $33,910 per year and the average experienced-level wage was $55.82 per hour or $116,100 per year.


Some related occupations include: purchasing agents, except wholesale, retail, and farm products; insurance adjusters, examiners, and investigators; auto destroy insurance appraisers; cost estimators; assessors; credit analysts; financial analysts; tax preparers; and bill and account collectors.

No comments:

Post a Comment