Financial Advisor Tests

i was offerd a job by ameriprise as a financial advisor. It does not requir a degree but you do have to take series of test that cost money(state boared, exet) the firm said they offer free training but i dont believe that includes the cost of the exams. Does anyone know the cost and if the firm will sponcer you and pay the way

It is better that you ask your employer to sponsor you, since it is their requirement !!

2007-10-03 11:45:09 by amplifyurbeauty

Question: My financial planner has been on my back to start a Self Managed Superannuation Fund. I can control my assets and investment strategies ...

Hi im currently finishing of my gcse tests and wanted to become a financial advisor or an accountant but was wondering what are the ups and downs of each job and which is better paid and also what qualifications are required for each job?

Financial Adivsor:
A college education is required for financial analysts and strongly preferred for personal financial advisors. Most companies require financial analysts to have at least a bachelor’s degree in business administration, accounting, statistics, or finance. Coursework in statistics, economics, and business is required, and knowledge of accounting policies and procedures, corporate budgeting, and financial analysis methods is recommended. A master of business administration is desirable. Advanced courses in options pricing or bond valuation and knowledge of risk management are also suggested.
http://www.umsl.edu/services/govdocs/ooh 20022003/ocos259.htm

Accountant:
Job Description:

Audit Accounts Payable and Accounts Receivable
Supervise and train staff of 5+ employees
Reconcile multiple General Ledger accounts on a monthly basis
Balance Bank Statements for 4+ accounts
Must be comfortable with GAAP
Job Qualifications:

5-7 Years experience as a Staff Accountant
Construction Experience a Plus!
Bachelors Degree REQUIRED
Intermediate to Advanced Excel skills
Excellent communication and organizational skills
Must be able to work well independently
http://hotjobs.yahoo.com/job-JXVO6X121IX ?source=SRP

2009-01-18 15:09:12 by lewis0121

Price: $9.95

want to do financial planning in addition to taxes to help people in these uncertain times. want to advise, not sell. please recommend tests i need to take and firms to join.
i have 4 yr business degree, am a CPA with over 25 yrs experience. no more 20 hr tests or masters programs. no high cost.

the final degee in finance is CFA. to take the cfa exam you should have a background of finance and that can be achieved through following possible degrees:

MS finance
MS mathematical finance (more advance)
MS financial derivatives (most advance)
MS financial economics
MBA finance

also if you can do few courses like trade, security, planning, financial derivates etc.

best of luck

2009-06-03 10:48:18 by Michelle J

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I will be taking the aptitude test in a few weeks for Merrill Lynch. What does it consist of, and what kind of questions can I expect? What should I review?

Thanks!

I have not taken the Merrill Lynch test, however I do hire advisors.

There may be a math section, which would include a number of word problems.

There is a personality assessment. This will test your expectations, work habits, confidence and ethics.

It is also possible that they may ask about your warm market and your length in the community.

To be honest, answer the questions with conviction, however do not lie. Working as an advisor takes commitment, disapline and atleast 50-60 hours of productive work a week.

Also, this is a sales position, expect to call and prospect for clients during most of the day.

2008-10-17 09:02:52 by Big Tex

What do you mean by Financial Advisor open house? Are you going as a potential investor who will be using their service or someone who is looking to work for them?

To receive answers that might be helpful, one has to state their questions more clearly.

Best wishes.

2007-08-29 11:27:41 by Touchstone