Personal Financial Advisor

Career Overview

Personal financial advisors assess the financial needs of individuals and help them with decisions on investments (stocks and bonds), college savings, estate planning, tax laws, and insurance.


A four-year bachelor's degree in finance, economics, accounting, business, law, or a related field is necessary to obtain this position. A higher degree (master's) in a related field, which may take an additional two years to earn, would be more valuable.

Salary Expectations

Low End:
High End:
$41,000 /yr
$90,000 /yr
$208,000 /yr

Recommended Courses

  • Psychology
  • Math
  • Business
  • English - as much as possible!
  • Communication
  • Economics
  • Accounting
Work Environment

Most personal financial advisors work in the finance and insurance industry or are self-employed. They typically work full time and may meet with clients in the evenings or on weekends.

Future Outlook

The job outlook for this position looks very good over the next 10 years, keeping in mind that geographical differences may exist.

Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook
Explore Careers, Labour Market Information, Government of Canada