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What are the main work and responsibilities of a Financial Planners?

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RE: What are the main work and responsibilities of a Financial Planners?

Vaibhav Bhutra
Vaibhav Bhutra
Verified Career Expert
Career Counselor/ Director at Educomp Vidyamandir Classes
  • Surat

Dear Friend,


Greetings of the day!!!!Financial Planners

Financial Planner is one who manages and Provide Advice for his/her clients for the financial investment based on the clients needs.

The Work and Responsibilities of financial planners are as follows

Planning : A Financial Planner is expected to plan for finances of his/her clients based on the needs in future, moreover there are lot of different avenues which a financial planner should explore to provide best for returns to his/her clients and also should ensure minimum tax- liability

Updating : A Sound financial Planner should also ensure that he know what client has in his portfolio and what are the necessary changes needed to ensure maximum returns.

Profiling : In Financial planning one needs to ensure that we have clear idea about the need and Risk apatite of the client. Its considered that if the client is old he should invest more in DEBT and if younger than in EQUITY

Term : A financial planner also needs to ensure that the instruments of investment is based on different term i.e. long term, medium term, short term for different needs

Regulations: A financial Planner should also ensure that he follow all the regulation laid by different regulators so that the client should be face any problem

Revenue : Most important is to generate revenue for the company/yourself by way of providing advice to the clients which are beneficial for client as well as company.

These are broad job and responsibility one financial planner would have.

Wish you all the best!!!






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