A financial advisor’s role is to assist clients in making informed financial decisions. They advise on investment products such as stocks, bonds, and mutual funds, as well as financial planning such as retirement and estate planning. Financial advisors can work with individuals or businesses.

Financial advisors must be registered with the Securities and Exchange Board of India (SEBI) in India. To become a sebi-registered investment advisor, an individual must have a bachelor’s degree in any discipline and pass a three-hour examination.

The exam covers financial planning, investment products, and taxation.

What Does a Financial Advisor Do?

Depending on the industry, financial advisors may wear a variety of hats. A financial advisor helps individuals, families, and businesses make decisions about investments, taxes, insurance, retirement planning, estate planning, and money management. Financial advisors work with various organisations, including banks and non-banks, as well as various Loan firms in Delhi with financial companies.

  • Brokerage Firms
  • Insurance Companies
  • Wealth Management Corporations
  • Accounting and Tax Planning Firms
  • Debt Management Corporations

A financial advisor’s primary role is to assist clients with their financial goals based on their unique needs and challenges. As previously stated, you can work as part of an organisation or start your own.

Three Essential Qualities for a Financial Advisor

A good financial advisor must possess three key characteristics. These characteristics are not interchangeable and cannot be replaced. Among these are:

  • Education: Some self-trained Financial Advisors have worked in the industry for years, gaining experience and success. However, this is not your goal; you will need the proper education to break into the industry. Depending on the industry in which you want to start your career, various eligibility criteria exist. Some organisations, such as the sebi registered investment advisor, require candidates to have a bachelor’s or master’s degree in finance with a specialisation in accounting and financial management. To reach the top of the pyramid, however, you must choose CFP or the Certified Financial Planner Charter.
  • Experience: As you may know, most clients, regardless of qualification, prefer to seek advice from a seasoned professional rather than a novice. Financial advisors must gain experience in this field before becoming independent. Before becoming self-employed, you can work for a financial firm or intern for a top-rated advisor. As a result, you will become intimately acquainted with the industry’s fundamentals and the strategies employed on a case-by-case basis. Unrivalled experience,regardless of degree or qualification. 
  • Soft- Skills: A financial advisor’s responsibilities go beyond simply reading numbers, interpreting them, and advising clients. Currently, a variety of software and tools can perform these tasks. As a result, you will need to learn various soft skills, education, and experience. Communication skills are essential in this industry, and proficiency in multiple languages is advantageous in a diverse country like India. Also, you can learn organisational and client-service skills to help you stay ahead of the competition.


In addition to feeling good about providing sound advice and building a solid financial foundation for their clients, registered financial advisers can benefit from high salaries, flexibility in their work schedules, and control over their practice. A registered financial advisor can help ensure that your personal and business finances are in good working order. As a result, Finway FSC is one of the best Loan firms in Delhi and can help you with your business.

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By Veena

She has 7 years of experience writing about technology, education and business. Her experience in the tech industry (Fieldengineer, wowtechub, Tech360d, Techinfobeez) has taught her how to write engaging, informative content that makes complex issues accessible to a wide audience. Follow her on LinkedIn

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