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Average Salary
Updated: 05/21/2013
Trainee Financial Advisor:
Provides individuals, businesses, and/or organizations with advice on financial matters, utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate to make recommendations on ways to utilize money. Advises clients on products and services available, ensuring... [+] More
Trainee Financial Advisor:
Provides individuals, businesses, and/or organizations with advice on financial matters, utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate to make recommendations on ways to utilize money. Advises clients on products and services available, ensuring they are aware of and understand those that best meet their needs, and makes sales when appropriate.
Contacts clients and sets up meetings, either within an office environment or in clients' homes/premises. Conducts in-depth reviews of clients' financial circumstances to determine client's assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. Analyzes information and develops financial plans best suited to individual clients' requirements. Designs financial strategies. Provides clients with information on new and existing products and services. Assists clients in making informed decisions. Researches information from various sources, including providers of financial products. Promotes and sells financial products to meet given or negotiated sales targets. Negotiates with product suppliers for the best possible rates. Liaises with head office and financial services providers. Liaises with other professionals, such as estate agents, solicitors, and appraisers. Keeps up to date with financial products and legislation. Maintains detailed records to comply with Federal, State, and local regulations. Produces financial reports, and prepares and submits documents to implement plan selected by client. Contacts clients with news of new financial products or changes to legislation regarding their savings and investments. (Source: eDOT Job Description) [-] Less
Cost of Living Data
A renter's cost of living for someone making $38,395 in Boise, Idaho is 100.3% of the US National Average. For more information, or to compare cost of living data between two cities, click here.
View "Trainee Financial Advisor" salary data for other cities in Idaho