222311 Financial Investment Adviser

ANZSCO Occupation Code: 
222311
ANZSCO Occupation Name: 
Financial Investment Adviser
Skill Assessing Authority: 
Medium and Long-term Strategic Skills List: 
No
Short-term Skilled Occupation List: 
Yes
494: 
Yes
LMT Protected Occupation: 
No
ANZSCO Occupation Description: 

222311 FINANCIAL INVESTMENT ADVISER

Alternative Title:
Financial Planning Adviser

Develops and implements financial plans for individuals or organisations, and advises on investment strategies and their taxation implications, securities, insurance, pension plans and real estate. Registration or licensing may be required.
Skill Level: 1

ANZSCO Skill Level: 
1

2223 Financial Investment Advisers and Managers

ANZSCO Unit Group Code: 
2223
ANZSCO Unit Group Name: 
Financial Investment Advisers and Managers
ANZSCO Unit Group Description: 

2223 FINANCIAL INVESTMENT ADVISERS AND MANAGERS

FINANCIAL INVESTMENT ADVISERS AND MANAGERS develop financial plans for individuals and organisations, and invest and manage funds on their behalf.
Indicative Skill Level:
In Australia and New Zealand:
Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be required.
Tasks Include:

interviewing prospective clients to determine financial status and objectives, discussing financial options and developing financial plans and investment strategies
monitoring investment performance, and reviewing and revising investment plans based on modified needs and changes in markets
recommending and arranging insurance cover for clients
arranging to buy and sell stocks and bonds for clients
advising on investment strategies, sources of funds and the distribution of earnings
setting financial objectives, and developing and implementing strategies for achieving the financial objectives
managing funds raised from personal superannuation savings policies and unit trusts
assisting in meeting superannuation compliance requirements
directing the collection of financial, accounting and investment information and the preparation of budgets, reports, forecasts and statutory returns
may refer clients to other organisations to obtain services outlined in financial plans

Avg. weekly earnings - males (May 2012): 
2 157.50
Avg. weekly earnings - females (May 2012): 
1 613.00
Avg. weekly earnings - persons (May 2012): 
1 942.80