Investment Consultant Job Facts

An investment consultant provides guidance to individuals and companies in making investment decisions. Also known as financial or securities adviser, an investment consultant also helps individuals in assessing the performance of commodities, stocks, mutual funds and other types of investments. A consultant, unlike a broker, performs an in-depth analysis on the financial conditions of his clients and suggests various investment options to help the clients achieve their financial goals. In this field, you will actively supervise the performance of the investments made and suggest changes whenever required. If the goals of your client change, you must review the situation and advise accordingly.

Required Education and Traits

To become an investment consultant, you will need a bachelor's degree in mathematics, economics, finance or any other business-related field. In addition you must possess good analytical and quantitative skills. Strong technical skills in areas like Microsoft Excel and Word are a plus. A person aspiring to become an investment consultant should be self-motivated, pay keen attention to detail and be ready to work in a fast-paced work environment. A master's degree in finance, an MBA or a Chartered Financial Analyst certification is an added advantage.

Hours of Work

An investment consultant may be a freelancer or an employee at an insurance firm, bank, securities firm or any other business that offers advisory services. Though the working hours usually range from 9 to 5, your schedule also might vary according to the firm. If working as a freelance investment consultant, you might have to adjust the schedules according to the convenience of your clients.

Basic Tasks for an Investment Consultant

Everyday tasks of an investment consultant would involve these:

  • Studying the financial position of the clients
  • Researching and analyzing varied investment options suitable for the client
  • Recommending the option that is expected to bring maximum profit to the client
  • Reviewing from time to time the performance of the investments made
  • Recommending changes in investment options when necessary.


This is one field where the growth is as high as the competition. Hence, you must be able to cope with the prevailing competition. The median salary of an investment consultant is about $75,000. However, various factors will affect compensation; some of these factors include the firm that employs you, educational qualifications, the state where you're employed and your experience.

Advancement Opportunities

Advancement opportunities for an investment consultant vary according to individual interests. One might want to obtain certifications or be promoted to a higher post in order to supervise a group of investment consultants. Another may want to become a fund manager or portfolio manager for companies.

Different Types of Investment Consultant Jobs

You may encounter several different jobs that fall under the financial advisory field. Some of these jobs include the following:

  • Investment managers
  • Personal investment consultants
  • Insurance sales agents
  • Insurance underwriters
  • Portfolio managers
  • Budget analysts.