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Logout- People are turning to professional help to manage their finances and make their money work for them as more and more young people have disposable cash. That is why there is a greater demand for experienced financial counsellors.
- To work as a financial adviser, you must understand the fundamentals of the advice process, which include developing and implementing financial plans.
- You need understand how to analyse various financial products, their appropriateness, and how the suggestion of the same might affect investment risks, returns, and strategies in a personal finance environment for current and potential investors. Learning about financial planning as a method of investing, insurance, and retirement planning, as well as how it may help advisors build long-term relationships with their customers is also a must.
- To begin, financial advisers or investment advisors may expect to earn roughly Rs 5 lakh per year. There is no limit on this salary.