§ OCCUPATION · GLOBAL STANDARDS

financial planner

Financial planners assist people dealing with various personal financial issues.

Description

Financial planners assist people dealing with various personal financial issues. They are specialised in financial planning, such as retirement planning, investment planning, risk management and insurance planning, and tax planning. They advise a strategy tailored to the client's needs. They ensure the accuracy of bank and other financial records while maintaining a customer-orientated approach and following ethical standards.

Theoretical Knowledge

ESSENTIALTheoretical knowledge required

modern portfolio theory customer service financial markets economics investment analysis banking activities financial forecasting

OPTIONALAdjacent knowledge that strengthens fit

mortgage loans tax legislation foreign valuta financial products financial management accounting techniques types of insurance real estate market financial jurisdiction types of pensions principles of insurance debt systems stock market business loans securities

Practical Skills

ESSENTIALApplied skills & competences

offer financial services handle financial transactions provide support in financial calculation identify customer's needs obtain financial information provide financial product information apply technical communication skills budget for financial needs advise on financial matters analyse the credit history of potential customers review investment portfolios create a financial plan assess risks of clients' assets synthesise financial information maintain credit history of clients interpret financial statements

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)