A Personal Financial Advisor (also known as a Financial Planner or Wealth Manager) is a professional who provides individuals and families with personalised financial advice and guidance to help them achieve their financial goals. The advisor evaluates a client's financial status including their income, expenses, assets, debts and risk tolerance in order to gain a clear understanding of their financial situation.

A financial advisor often develops long-term relationships with clients and serves as a trusted advisor throughout their financial journey. Furthermore, the role of a Personal Financial Advisor is to help clients achieve their financial goals and provide them with peace of mind knowing that their finances are being managed by a professional.

For Bachelor’s

• Candidates must obtain a minimum of 55% in their 10+2 examination from a recognised education board.
• Seekers must have a Bachelor's degree from an esteemed academic institution such as a BBA in Accounting or Finance.

 For Masters

• Graduates are suggested to pursue an M.Tech. in Mechanical Engineering or an MBA in Financial Management.

The job role of a Personal Financial Advisor (also known as a Financial Planner or Wealth Manager) is to provide personalised financial advice and guidance to individuals and families to help them achieve their financial goals. Here are some of the key responsibilities and tasks of a Personal Financial Advisor:

• Financial Manager
• Chartered Financial Analyst
• Budget Analysts
• Financial Advisors
• Real Estate Brokers and Sales Agents
• Insurance Sales Agents 

Personal Financial Advisors (also known as Financial Planners or Wealth Managers) are in demand among various industries including banking, financial services, investment management, insurance and accounting. Here are some of the top recruiters of Personal Financial Advisors:

• HDFC
• Kotak Mahindra
• HSBC
• ICICI
• LIC
• Bajaj Finserv
• Life Insurance Corporation of India

Employment Sector

• Banks
• Investment Management Firms
• Insurance Companies
• Accounting Firms
• Independent Financial Advisory Firms
• Government Agencies

The salary of a Personal Financial Advisor can vary greatly depending on factors such as the industry, company size, location, the individual's level of experience as well as qualifications.

• Financial Knowledge
• Analytical Skills
• Communication Skills
• Interpersonal Skills
• Sales Skills
• Tech Savvy
• Ethics and Professionalism

The career scope of Personal Financial Advisors (also known as Financial Planners or Wealth Managers) is promising along with strong job growth projected in the coming years. Here are some reasons:

• Growing demand for financial planning services
• Ageing population
• Increasing complexity of financial products and regulations
• Advancements in technology
• Job growth projections

Overall, the career scope of Personal Financial Advisors is flourishing with an accelerating demand for their services and strong job growth projections. Furthermore, with the right education, training and professional certifications, Personal Financial Advisors can build a successful as well as rewarding careers helping individuals and families achieve their financial goals.

• Personalised financial advice
• Investment management
• Retirement planning
• Risk management
• Tax planning
• Education and guidance
• Accountability and monitoring

• Fees
• Conflicts of interest
• Limited control over investments
• Limited transparency
• Limited guarantees