Career Opportunities for Financial Advisor trainees

To become a Financial Advisor


        Click Here

 

With finance services industry in Canada growing at a fast pace, there are plenty of opportunities for trainee financial advisors. There are firms offering independent financial advisor jobs to even those who are currently not a licensed advisor, but are interested to join this professional field. If you are interested to be a part of this promising professional career, it is advisable to look for a reputed national firm dealing in financial services. Such firms allow trainee financial advisors to obtain useful insight into a wide array of investment and insurance solutions, including segregated funds, mortgage financing services, retirement income planning, critical illness protection, education funding plans, estate planning programs, and much more.

However, it is important to complete the LLQP (Life License Qualification Program) – the entry level program that allows the sale of life insurance products. Upon successful completion of the LLQP exam, trainee financial advisors may apply for a certificate to work as an insurance agent. A trainee advisor with a CFP (Certified Financial Planner) may move ahead into personal financial planning and offer their expert advice on various investment products and strategies.

As you train yourself in various investment options available for individuals as well as businesses, you may see yourself selling insurance products as soon as you obtain your life license. A couple of years and you may find your career soaring high. Once you successfully obtain a CFP, you have an opportunity to become an expert advisor for financial planning for businesses as well as individuals. 

Trainee financial advisors are offered opportunities in both personal and business solutions.

Personal solutions include wealth management and investment planning (retirement income planning, education funding, wealth building). Businesses need solutions related to ownership retirement planning, partnership insurance, succession planning, employee retirement plans, group benefit plans, and funding capital gains taxation. Financial services industry (investments, insurance and financial planning) in Canada has emerged as a promising career platform offering the third best compensation. The average financial advisor’s income has grown 15% in the last three years.

Trainee financial advisors can also benefit from the support program provided to them by the financial services firms to enhance their performance. Such a program is aimed at providing the trainees with product specific training, business coaching, sales and marketing systems development as well as client service plans. The reason for this training is however not just to support their performance, but to help them build a successful enterprise. This is because the financial services firms allow the trained advisors to work independently and own the business and their clients.

Firms that offer independent financial advisor jobs train the financial advisor trainees in broad, multi-company product offerings that may go a long way in shaping up their career in this fast growing industry. Other benefits of joining a financial services firm include minimal start-up costs, lower entry barriers, support from experienced and savvy management team, and much more.

For more information on career opportunities available for financial advisor trainees in Canada, please visit http://www.canadafinancial.ca.