7 Essential Financial Adviser Manager Skills to Get Ahead

Jumpstart your career or get ahead by developing these financial advisor manager skills.

Working in the financial industry usually means that you are good at math and have strong financial knowledge. But those aren’t the only skills that you need to develop to progress your career. For those of you who want to excel and provide yourself every opportunity to become a top-tier financial professional, these are the essential financial advisor manager skills that you will need to improve to get ahead in your career:

1. Relationship Management

To be successful in the financial industry you need to have good people skills. Throughout your career, you’ll work with many different types of people and types of personalities. The financial advisor manager skills learning and listening are particularly important. Part of your job is being able to determine what questions to ask and at what times, especially to resolve conflicts or to educate customers. Having strong relationship management skills will allow you to understand your customers and provide them with the type of unbiased information needed to assist them to make the best possible financial decisions that fit their needs and expectations.

2. Communication and Presentation

While you may think that your job as a financial advisor is mostly based on numbers – and while that may be true to a certain extent – you should also be able to communicate your recommendations with poise and confidence. One of the most important financial advisor manager skills if you want to make a good impression with your customers is being able to communicate your knowledge with your strong speaking, writing, and presentation skills.

3. Sales and Lead Nurturing

One of the top financial advisor manager skills that you need to be able to do well is to find, sell and keep your clients so you can grow your business. Working in the financial industry isn’t only about selling a product or service, it’s about establishing and maintaining trust and confidence. A strong connection with customers allows you to educate them on the best options that will fit their needs. As their needs or priorities change or evolve, your advice can as well so your customers will remain loyal.

4. Marketing and Advertising

Working in the financial industry is mostly numbers of course, but it’s also about matching up the right products and services to the right people at the right times. That’s when marketing becomes one of the most essential financial advisor manager skills that you need to know. While you don’t necessarily need to be a designer or have high-level marketing knowledge, you should understand the basic concepts of advertising so you can adequately market your company to your target audience with a message and brand voice that will generate sales and long-term brand loyalty.

5. Self-Motivation and Desire to Improve

The financial industry is a field that requires a higher level of concentration. You should also continuously look for ways to improve your knowledge and your process. The financial markets, financial trends, and financial information are always changing. Therefore, keeping your skills sharp becomes useful. In the end, wanting to improve will help you become more proficient and confident in your role and help your business to grow.

6. Attention to Detail

Another one of our recommended financial advisor manager skills that you need to know is attention to detail. As you learn how to ask questions and take notes, make sure your notes capture all the finer points so none of the vital information is lost. This will require that you are not only observant but thorough and able to retain and recall numerous pieces of information quickly and easily.

7. Project Management and Organization

The previous point brings us to our last tip. The regular tasks of a financial advisor usually take more than a few minutes to complete. As a result, you’ll need to become a proficient project manager and organizer if you want your business to make money. Take some time to learn how to efficiently manage your workday so you can not only meet project deadlines but also properly maintain your budgets.

Now that you know what skills are needed to be a successful financial advisor, ask yourself this question: do you have the best sales follow up software to grow your business?

Blitz CRM for financial advisors helps financial advisors grow by automatically scheduling follow-ups and sending emails on your behalf to keep you in front of leads, referrals, clients, and past clients. The sales software allows referral partners to add leads or contacts directly into you Blitz database via the Blitz web form or referral portal. Plus, email templates can be customized to personally fit your contacts. This software for financial advisors has a neglected leads feature that makes sure that leads or contacts don’t fall through the cracks. If a lead isn’t being followed-up with, the agent, manager, and staff will be able to view the neglected lead. When you’re ready to take a closer look at our sales follow-up software, contact us for your free trial or schedule your no obligation demo and see how it works for yourself. We look forward to hearing from you soon so we can show you how Blitz can help grow your business!

What financial advisor manager skills do you feel are the most important? Which skills are not as essential when working in the financial industry? Please share your thoughts and post your questions by commenting below.