What does a Financial Consultant do?

A financial consultant is responsible for creating financial plans for organizations and individuals alike. They are responsible for ensuring that the organization accomplishes their financial goals through various means. A few of the main duties of a financial consultant are developing financial strategies, monitoring the financial situation, forecasting the fiscal year, and giving clients different options. They also have to create in-depth reports on the organization's financial state. Some of the jobs titles that a financial consultant could grow into are director of finance and chief financial officer.

A financial consultant should have five years of experience as well as a Bachelor's degree in finance. One of the most important skills that a financial consultant will have is great attention to detail. Another skill is finance skills as the financial consultant will have to be able to help the organization create financial plans. They also need to be able to effectively communicate with everyone in their department.

  • Create long term goals for the client
  • Develop financial plans for the client
  • Monitor financial health of clients
  • Create different investment plans for clients
  • Prepare financial analysis and reports
  • Keep up to date on the latest market trends and information
  • Develop a tax strategy for clients
  • Advise clients on capital investments
  • Bachelor's degree in finance or accounting
  • Incredible math skills
  • Ability to connect with clients
  • Excellent attention to detail
  • Incredible analytical and problem solving abilities
  • Ability to accurately predict market trends
  • Deep knowledge of the financial industry and regulations
  • Deep knowledge of investing
  • Ability to analyze a client's financial situation
EducationBachelor's Degree
Work/Life Balance
3.7 ★
Salary Range--
Career Opportunity
3.7 ★
Avg. Experience2-4 years

Financial Consultant Salaries

Average Base Pay

€42,000 /yr
Same as national average
Not including cash compensation
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Median: €42K
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Glassdoor Estimated Salary

Financial Consultant Career Path

Learn how to become a Financial Consultant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Financial Consultant
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Financial Consultant Insights

Read what Financial Consultant professionals have to say about their job experiences and view top companies for this career.
Pure Financial AdvisorsPure Financial Advisors
Financial Consultant
3 Sep 2021

“I work with a group of committed and brilliant individuals who have provided me with continual inspiration throughout my career.”

TD AmeritradeTD Ameritrade
Senior Financial Consultant
10 Sep 2019

“Overall not a great place to work if you want to work with people who want to be worked with.”

Advisors Alliance GroupAdvisors Alliance Group
Financial Consultant
26 Aug 2021

“This allows me to have a flexible schedule which I can optimise my time fully.”

PHP AgencyPHP Agency
Financial Consultant
17 Dec 2020

“motivational and great career opportunities”

AXA SingaporeAXA Singapore
Financial Consultant
16 Aug 2021

“Infrastructure is quite robust and sales support is top notch.”

HDFC Standard Life InsuranceHDFC Standard Life Insurance
Finance Consultant
1 Nov 2021

“Good Incentives and Bonuses.”

Arkshire Financial
Financial Consultant
25 Feb 2020

“I have worked with the company for 4 years now and it has been one of the best work environments.”

Pension Transfer Specialist
6 Oct 2021

“As a growing company there is a lot of scope for promotion and career progression.”

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Financial Consultant Interviews

Related Careers

Financial Analyst
13% skills overlap
Budget Analyst
No skills overlap
Finance Manager
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Financial Consultant jobs

Frequently asked questions about the role and responsibilities of a financial consultant

When working as a financial consultant, the most common skills you will need to perform your job and for career success are Excellent Communication, Credibility, .NET, Series 63 and Computer Literacy.

The most similar professions to financial consultant are:
  • Financial Analyst
  • Budget Analyst
  • Finance Manager
  • Controller

The most common qualifications to become a financial consultant is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.