Financial Investment Advisers and Managers

Financial Investment Advisers and Managers develop financial plans for individuals and organisations, and invest and manage funds on their behalf.

**Indicative skill level:**

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

#### In Australia:

- Bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1)

#### In New Zealand:

- NZQF Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2)

In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

Registration or licensing is required.

**Tasks include:**

- interviewing prospective clients to determine financial status and objectives, discussing financial options and developing financial plans and investment strategies - monitoring investment performance, and reviewing and revising investment plans based on modified needs and changes in markets - recommending and arranging insurance cover for clients - arranging to buy and sell stocks and bonds for clients - advising on investment strategies, sources of funds and the distribution of earnings - setting financial objectives, and developing and implementing strategies for achieving the financial objectives - managing funds raised from personal superannuation savings policies and unit trusts - assisting in meeting superannuation compliance requirements - directing the collection of financial, accounting and investment information and the preparation of budgets, reports, forecasts and statutory returns - may refer clients to other organisations to obtain services outlined in financial plans