Occupations/13-2052.00
Personal Financial Advisors
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.
Usually a four-year bachelor’s degree.
AI automation risk
79%
Higher automation risk
Human characteristics
22%
Fewer uniquely human demands
Task orientation
48%
Mixed exposure
A day in this job
- Mostly human
Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
- Mostly human
Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
- Mostly human
Manage client portfolios, keeping client plans up-to-date.
The tasks we can read here lean on people, judgment, or hands-on work. The AI risk number is still this job’s rank against other occupations.
Core tasks
- 01Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
- 02Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
- 03Answer clients' questions about the purposes and details of financial plans and strategies.
- 04Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.
- 05Manage client portfolios, keeping client plans up-to-date.
- 06Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
Model drivers (O*NET 1–5)
- Repeating same tasks3.08
- Degree of automation2.44
- Time sitting4.42
- Originality (ability)3.00
- Conflict situations2.32
- Hands-on objects/tools1.54
- Outdoors / weather1.08
- Disease exposure1.04
- Decision freedom4.00
Top abilities
- Written Comprehension4.00
- Speech Clarity4.00
- Oral Expression4.00
- Oral Comprehension4.00
- Inductive Reasoning3.88
- Written Expression3.75
- Number Facility3.75
- Near Vision3.75
Essential skills
- Reading Comprehension4.12
- Active Listening4.12
- Writing3.88
- Speaking4.00
- Mathematics3.62
- Science1.38
- Critical Thinking3.75
- Active Learning3.25
- Learning Strategies3.00
- Monitoring3.12
CIP matches
Schools offering related programs
12 of 67 shown
Earnings are College Scorecard medians for that program, 1 and 2 years after completion. A dash means the Department suppressed the cell or the campus is not in the field file.
| Institution | Program | Tuition | Admit | Grad 6-yr | Earnings |
|---|---|---|---|---|---|
Massachusetts Institute of Technology Cambridge, MA · Private nonprofit | Finance, General 52.0801 | $60,100 | 4% | 96% | 1 yr $101,964 2 yr $88,198 Master's · CIP 52.08 |
Georgetown University Washington, DC · Private nonprofit | Finance, General 52.0801 | $65,400 | 12% | 95% | 1 yr $92,505 2 yr $85,538 Bachelor's · CIP 52.08 |
Boston University Boston, MA · Private nonprofit | Finance, General 52.0801 | $65,200 | 14% | 89% | 1 yr $91,744 2 yr $84,653 Master's · CIP 52.08 |
New York University New York, NY · Private nonprofit | Finance, General 52.0801 | $60,400 | 12% | 88% | 1 yr — 2 yr $84,653 Bachelor's · CIP 52.08 |
Northeastern University Boston, MA · Private nonprofit | Finance, General 52.0801 | $63,200 | 7% | 91% | 1 yr $75,413 2 yr $75,518 Bachelor's · CIP 52.08 |
Howard University Washington, DC · Private nonprofit | Finance, General 52.0801 | $33,200 | 53% | 65% | 1 yr $73,852 2 yr $72,214 Bachelor's · CIP 52.08 |
University of Southern California Los Angeles, CA · Private nonprofit | Finance, General 52.0801 | $68,200 | 12% | 92% | 1 yr $72,671 2 yr $74,576 Master's · CIP 52.08 |
The University of Texas at Austin Austin, TX · Public | Finance, General 52.0801 | $11,700 | 31% | 88% | 1 yr $72,588 2 yr $70,680 Bachelor's · CIP 52.08 |
University of Illinois Urbana-Champaign Champaign, IL · Public | Finance, General 52.0801 | $17,500 | 45% | 85% | 1 yr $71,619 2 yr $71,935 Bachelor's · CIP 52.08 |
University of Washington-Seattle Campus Seattle, WA · Public | Finance, General 52.0801 | $12,600 | 48% | 84% | 1 yr $64,672 2 yr $63,898 Bachelor's · CIP 52.08 |
University of Florida Gainesville, FL · Public | Finance, General 52.0801 | $6,400 | 23% | 89% | 1 yr $63,107 2 yr $59,318 Bachelor's · CIP 52.08 |
Lincoln College of Technology-Indianapolis Indianapolis, IN · Private for-profit | Finance, General 52.0801 | $18,600 | 100% | 64% | 1 yr $63,101 2 yr $62,818 Bachelor's · CIP 52.08 |