The financial advisor practices in banking institutions or in often smaller and private institutions

The financial advisor practices in banking institutions or in often smaller and private institutions. Confidentiality is one of the most important aspects of his/her job. He/she is responsible for actions taken with customers. His schedules are regular and the financial advisor may have to travel on a regular basis (meetings, conferences, training, customer contacts, etc.). There is no general rule for salaries, but the annual salary of a young financial adviser in a developed country is often around $40k before taxes. With several years of experience, a financial advisor can see his/her salary increase dramatically notably thanks to bonuses.