Personal Financial Advisor Salary in Alabama - State Average

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Average Salary for Personal Financial Advisor in Alabama - State Average

The average salary of a(n) Personal Financial Advisor in Alabama - State Average is $80,276.

The average hourly rate of a(n) Personal Financial Advisor in Alabama - State Average is $38.59.

The average bonus of a(n) Personal Financial Advisor in Alabama - State Average is $3,516.00.

Job Description:

Provides guidance and advice to individuals regarding financial matters, utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate to make recommendations on ways to utilize money. Collects, reviews, and analyzes client’s financial circumstances to determine their financial objectives, current assets, income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, and other information needed to develop a financial plan. Analyzes information and develops financial plans best suited to individual clients' requirements. Advises clients on new and existing products and services, ensuring they are aware of and understand what best meets their needs. Designs and recommends strategies clients can use to achieve their financial goals and objectives, including advice on debt management, cash management, insurance coverage, and investments, and makes sales when appropriate. Negotiates with product suppliers for the best possible rates. Identifies and keeps abreast of new market trends, 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. Less

Provides guidance and advice to individuals regarding financial matters, utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate to make recommendations on ways to utilize money. Collects, reviews, and analyzes client’s financial circumstances to determine... More

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