There are many opportunities in the competitive field of financial services. Although these careers may not seem in need after the financial crash of 2008, investing careers have strong, positive outlooks. According to the Bureau of Labor Statistics, careers in finance and investing are expected to grow up to 30 percent from 2008-18.
In the beginning of his career, a securities brokers spends the majority of his time developing and growing a client base. Once the client base is developed, a securities broker will then sell stocks and bonds to his customers for a commission (fees for services rendered). A careers as a securities broker is highly competitive and turnover is very high for newcomers. However, the top median salary is $122,270 annually.
Financial analysts can work at banks, mutual funds, investment firms and corporations. Their job is to asses the performance of stocks, bonds and other securities and aid businesses or personal investors in making the proper investment decisions. A financial analyst usually focuses on a particular industry or regional location. According to the Bureau of Labor Statistics, these positions are highly competitive due to the high wages. The median salary is $73,150 annually---double the national average.
Personal Financial Advisers
Personal financial advisers work with individuals on taxes, investments and insurance-related decisions. A personal adviser consults with clients, usually on a yearly basis, to develop a comprehensive financial plan to help achieve the individual's financial goals. Life changes are topics for the adviser, including marriage or retirement. According to the Bureau of Labor Statistics, the middle 50 percent of advisers make $46,390 to $119,290 annually.
- Photo Credit new york stock exchange image by Gary from Fotolia.com
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