Description

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:
   • Diep Phan
   • Laura Grube
3. Connect with Beloit Alumni in financial advising careers.
4. Visit Career Works.