If someone wants to become or start a career as a financial advisor in India (who give advise where, when and how much to invest):-
What qualifications/certification one must need to become a financial advisor?
Do one need to have a specific degree or certificate from any specific institution?
Do one need to work as an assistant for a certain number of years/months in any finance firm?
A financial advisor is a professional who gives financial advice to investors or clients based on their current economic situation. It is a great career opportunity that will always be in demand.
The basic qualification required by an individual to become a financial advisor is a degree in the field of finance, law, accounting, economics, etc. A person who wants to become an advisor should have a degree along with additional practical knowledge of their field. It is very important to be aware of the practical workings of all the major concepts rather than sticking to theoretical or bookish knowledge.
An advisor needs to have experience and thorough research on their client’s financial objectives as well as their risk-taking appetite. They should be disciplined and be aware of the client’s and the stock market’s current financial and economic situation.
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