Career Path: Financial Advising

“In this job, 15% of what I do is money. The rest is people.” - Nathan Fair’99


A financial advisor meets with clients to assess their monetary goals and create a portfolio of stocks and funds that will allow them to reach these goals. Advisors bridge the gap between people and “the market.” Through listening to clients’ wants and needs, close relationships are developed.

Facts & Figures

Figures taken from the Bureau of Labor Statistics.

  • Number of Jobs in 2020: 275,200
  • Job outlook: 5% (2020-2030)
  • Starting salary: $95,891/yr
  • Mid-career salary: $102,639/yr
  • Typical Entry-Level Education: Bachelor’s Degree

Soft Skills

  • Effective Communication
  • Productive Collaboration
  • Adaptability & Flexibility
  • Creative Problem-Solving
  • Work Ethic & Integrity

Technical Skills & Credentials

  • Bachelor’s Degree in Economics or a related field is encouraged, but not required
  • Eventually, a Series 7 or similar license will be required to practice

How to Get Started

  1. Take Beloit College courses in:
    • Accounting
    • Business Finance
    • Life & Financial Planning
    • Entrepreneurship
  2. Talk with your advisor and Economics & Business faculty:
  3. Connect with Beloit Alumni in financial advising careers.
  4. Visit Career Works.

Alumni Stories

Proud of you, Quinton!

From financial analyst intern to nurturing future talents in finance

As Quinton Purves’19 begins to nurture young talents at Northwestern Mutual Funds, he walks us through his fascinating trajectory as a college athlete from a financial analyst to a unit director at the firm where it all began.


When Enterpreneurship brings grandma recipe to life

As Patrick started on his adventure as a baseball athlete, he walks us through his journey to entrepreneurship and financial advising. 


This site uses cookies to improve your experience. Read our Web Privacy Policy for more information.

Got it! ×