Analytical skills
Financial Adviser Representatives must be able to take into account a range of information, including economic trends and the client's financial status so as to determine an investment portfolio for a client.
Financial Adviser Representatives
Descriptions & Duties
- Financial Adviser Representatives advise customers of market conditions and the history and prospects of various corporations. They present features of selected fund portfolios and investment products to customers. Financial Adviser Representatives calculate rates of proposed plans and draw up sale and purchase contracts. They also advise customers of the selection of unit trusts or mutual funds units and other investment products.
Generic Competencies
Physical Abilities
Physical abilities
- Physical strength
- Eye hand coordination / precision / dexterity
Importance:1 (Max:5)
Skill is rarely required
Technology Skills
Technology skills
- Computer literacy
- Application of technology
Importance:3 (Max:5)
Skill is basically required
Cognitive Abilities
Cognitive abilities
- Creativity
- Visualisation
- Logical thinking
Importance:3 (Max:5)
Skill is basically required
Comprehension And Expression
Comprehension and expression skills
- Reading comprehension
- Oral / written expression
Importance:4 (Max:5)
Skill is frequently required
Social Skills
Social skills
- Communication
- Negotiation
- Persuasion
Importance:5 (Max:5)
Skill is required all the time
Organisation And Execution Skills
Organisation and execution skills
- Planning
- Organising
- Judgement
- Decision making
Importance:3 (Max:5)
Skill is basically required
Problem Solving Skills
Problem solving skills
- Ability to solve simple and complex problems effectively and efficiently
Importance:4 (Max:5)
Skill is frequently required
Management Skills
Management skills
- Leadership
- Management of finance / time / people / other resources
Importance:3 (Max:5)
Skill is basically required
Trade Specific Competencies
Mathematics skills
Financial Adviser Representatives should be good at mathematics. They determine the amount invested, how that amount has grown or decreased over time, and how a portfolio is distributed among different investments.
Sales skills
To maintain a client base, Financial Adviser Representatives must be convincing and persistent in selling their services.
Speaking skills
Financial Adviser Representatives need to have close interactions with clients. They must explain complex financial concepts in understandable language.
General Requirements
Academic qualification
A recognised bachelor's degree in finance, economics, accounting, business, mathematics, or equivalent
Professional qualification
usually are corporate members of the Institute of Financial Planners of Hong Kong
Experience
generally complete Certified Financial Planner (CFPCM) Certification Education Programme, or Associate Financial Planner (AFPTM) Certification Education Programme - to be a certified financial planner, or an associate financial planner, or equivalent qualification
Other specific requirements
usually 3 to 5 years of financial and investment experience is required
Career Path & Salary
Private Sector
Monthly Salary $15,000-$40,000
Monthly Salary $40,000-$70,000
Monthly Salary $50,000-$90,000
Related Education & Training
Higher Diploma
Professional Diploma/ Certificate
Work Environment
- Financial Adviser Representatives typically work in offices. They sometimes need to visit clients' offices or attend conferences during non-office hours.
