Financial Advisor Interview Questions

  
Financial Advisor Interview

A financial advisor is required at a large range of companies and industries. It could be that a bank would like to take on staff in order to sell loans, mortgages or other financial packages to customers. Similarly as an insurance company financial advisor, daily tasks would involve trying to sell the insurance companies product. The interview questions will therefore depend on the specific job you have gone for.

Obviously you will be asked about previous experience you have acquired and the qualifications you hold.

While these are very important, in a situation where many candidates have the same or similar experience and qualifications, the answers to the interview questions and your interview technique could be what sets you apart from your competition.

Interview technique:
The way you present and project yourself in an interview is an important part of any interview and should not be underestimated.  Always dress smartly with thoroughly pressed clothing and clean polished shoes. Sit up straight in the chair provided and don’t fiddle with pens, bits of clothing, thumbs etc.When speaking to the interviewer, ensure you make eye contact. If there is more than one interviewer, shift your body position in order to face the person talking to you, or the one you are talking with.Speak clearly and slowly, ensure your answers are understood.Financial Advisor Questions

In any industry, it is possible to predict certain questions which are likely to come up. Research these questions and pre-empt the answers you will use. Practice delivering your answers and you should feel confident come the day of the interview.

"Why are you interested in being a financial advisor, and why do you think you would be good at it?"

For this question it would be advisable to explain that you enjoy working with people and would like to be given the opportunity to explain the company’s product to potential customers. Obviously the reason why you think you would be good at the job will be along the lines of being a people person, with the ability to gently persuade people towards your point of view.

You will be asked questions about the product you will be expected to sell and what you know about the company itself. To answer this question to a satisfactory standard, ensure you have done your research.
Are you comfortable meeting with clients on person and talking to them on the phone?Are you connected to the community?What are your wealth management strategies?If I were a client, why should I work with?Why do you want to work for us?Tell me about yourself.Why do you want to be a Financial Advisor?Tell me about your education and professional development as it qualifies you for this job.What is the average portfolio of your clients? How do you achieve your goals?How do you build relationships with clients?How will you grow your book?Describe a situation in which you went above and beyond for a customer.How do you stay current on tax and investment laws and regulations?What licenses and certifications do you have?What sales experience do you have? What are your career goals?If we were to hire you, what would be your expectations for this firm?What is the difference between a broker/dealer and a financial advisor?Do you consider yourself conservative or a risk taker?Do you like numbers?Describe a time when you had to help someone make a difficult decision.How many people do you know salaried at 100k or more in a year?The main advice with regard to an upcoming interview is to prepare. Compile a list of possible questions and rehearse your answers.
What do you know about this company?Is there anything i haven’t told you?Why are you the best person for the job?What can you do for this company?Are you overqualified for this job?What applicable attributes experience do you have?What interests you about this job?Describe a time when your workload was heavy and how you handled itIf you know your boss is 100% wrong about something how would you handle it?Good luck.