To be a financial advisor, certain amount of preparation is required. Read about some of the questions that can be asked in the interview for the post of financial advisor.

Financial Advisor Interview Questions

Are you looking towards a career as a financial advisor? As it is known, this field has a wide scope in the current global job market but, getting placed as a financial advisor is not an easy task. You have to prove yourself as a well-qualified and dependable person because this job deals with client financial management. There is no doubt that employers are choosy — they are intelligent and tend to quantify the credibility of the candidate. Hence, while preparing for the interview, you, as the job seeker, should expect a band of questions ranging from your career aspirations, educational qualifications and personal qualities to previous experiences. The hiring team/manager may ask for some professional references as well. Always use simple language (except for the technical terms) while giving answers to the questions and make sure that you communicate your thoughts clearly. This is very important because your job is entirely client based and if they do not understand what you are trying to communicate then success in this job can be quite a far cry. Look into this article and find out some questions which are often asked at the interview.
Sample Financial Advisor Interview Questions
Like all interviews, the first phase is generally dedicated to building a personal rapport between the board and the candidate. Once this is done, the session moves to the second phase where questions related to your experience, qualifications, goals, etc can be expected. Some sample questions are as listed below.
  • What are your qualifications?
  • Do you hold a license?
  • What are the services that you offer or excel in?
  • Tell us about your previous experiences.
  • What is the average portfolio you have dealt with?
  • Can you list out some significant achievements in your career?
  • What are the qualities a financial advisor should possess, according to you?
  • What is your perception of an ideal client?
  • What factors do you consider while advising a client on investment?
  • What is the importance of a financial advisor, according to you?
  • What are the talents in you, which you think, make you a better financial advisor than others?
  • How do you sustain your customers?
  • Why do you consider this firm as the right place for you to work?
  • Why should we select you?
  • Describe the most difficult situation you experienced in your career and how you tackled it.
  • Tell us about your career ethics.
  • Sell me a life insurance policy.
  • What all things are to be considered before making a decision on investment?
  • Do you think that a company can derive profit without compromising on ethics? How?
  • How long do you think you will take to achieve a target profit of $1 million?
  • How will you convince a customer/client?
  • Where do you see yourself after 5 years?
  • What are your short term and long term goals?
  • How important is a financial advisor in present day world?
  • Can you list out some of your important clients, if any?
  • Discuss the most important quality in you that makes you a dependable person.
  • Discuss your method of saving tax.
  • Can you list at least three strengths of yours? How do those help in your career as well as personal life?
  • Have you ever identified your weaknesses?
  • Have you registered yourself in any other organization? Which one?
  • How will you evaluate the current market situation?
  • What are the possible mistakes one would make in an investment?
  • Why do you think this firm is distinct from others?
  • What do you know about this company?
  • If you were a client, what would you expect from your financial advisor?
  • Describe your investment methods and strategies?
In addition to these questions, they may also give you various hypothetical or real life situations and ask you to deal with them. What you must bear in mind here is that they aren’t necessarily looking for solutions; their main intent is to see how you approach the problem. So, don’t worry too much and apply all your skills to the situation at hand and do the best you can. As for the rest of the interview, just be confident about your answers and never get confused or annoyed if the board tries to contradict you. Hope the above article helps you in acquiring your dream job!

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