Investment consultant is a good career for the aspirants who have completed degree in economics. Investment consultants help people with their short and long-term investment planning.
An investment consultant job is to devise investment strategies of customers, assist them to accomplish their needs based goals.
Candidates, who have thorough knowledge of capital market, money market and commodity market, can begin their career as investment consultant.
In India, Mutual fund is promising service industry in which skills of such experts is needed to make good decisions. Therefore experts from economics background have great career opportunities as Investment consultant.
An Investment consultant job is considered significant in today's business world because client needs want sound investment advice from the experts.
Investment consultant fully understands the market situation and based on facts and figures and recommend to the client to invest in specific area so that they can get good returns in future.
Investment consultant advise clients on financial plans using facts of tax and investment strategies, securities, insurance, pension plans, and real estate.
Major duties of Investment consultants are to assess client's assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.
Candidates who wish to migrate to USA to pursue career as an Investment consultant must clear FINRA examinations. Similarly each country has its own standards for Investment consultant requirement.
The responsibilities an Investment consultant includes proficiency to make good presentations so that client can understand the investment opportunity clearly. He should provide solutions with graphical picture, facts and figures and also forecast the investment in the coming years.
Investment consultant must be capable to guide the investors to make correct long term and short term investment strategies.
They must closely monitor the investment performance and vigorously change strategies according to the performance of the company.
They should regularly contact their clients and inform them about latest information about investment.
In order to make a bright future as an Investment consultant, candidates must develop communication skills, converse the solutions based on facts and figures. They must have detail knowledge about the finance industry, equity shares, bonds, commodities, mutual fund.
More importantly, they must be well versed in all types of investment options. Selling skills is also a vital requirement for Investment consultant as their job is to convince the clients to follow their advice.