HRM 301 Assignment 1, Fall 2017
What characteristics would you be looking for in a financial advisor? Include demographic characteristics, personality traits and capabilities. Answering it requires thought on your part make sure that you explain your answer well.
Format and length
Typeface about the size of the one that I am using and double-spaced.
How efficient you are in communicating influences how long your answer to this assignment should be. As a guide, two to four pages but the real answer to the question “How long should it be?” is as long as it takes to answer the questions well. Intro:
A financial advisor requires a certain skillset beyond an understanding of finance and the role it plays in the economy. Regardless, the understanding …show more content…
Based upon personality, expertise should be well established, where the advisor goes beyond the general knowledge of the field, but actually, “ have wisdom: the combination of knowledge and experience” ( TIME:??). Consequently, experience and knowledge allow for adaptation of the volatile industry and key planning of strategy. Thus, building trust is the next characteristic of a financial advisor, as trust leads to transparency both of which allow me to understand better which, again, is the main requirement of an advisor. Also, having creative decision making and better customer understanding can lead to me investing more, as my finances are being handled in a way I understand and can control. Furthermore, this will prove his attentiveness as his continued work in keeping me informed is his attention to how well my finances are working.
In essence, the ability to make me understand is key for the financial advisor I would select. Being able to hone in on this skill means the advisor has transparency, expertise, attentiveness and conscientiousness. Though there are many skills that a financial advisor can gain through experience and demographics, the ones which serve the customer the best is what is in
What characteristics would you be looking for in a financial advisor? Include demographic characteristics, personality traits and capabilities. Answering it requires thought on your part make sure that you explain your answer well.
Format and length
Typeface about the size of the one that I am using and double-spaced.
How efficient you are in communicating influences how long your answer to this assignment should be. As a guide, two to four pages but the real answer to the question “How long should it be?” is as long as it takes to answer the questions well. Intro:
A financial advisor requires a certain skillset beyond an understanding of finance and the role it plays in the economy. Regardless, the understanding …show more content…
Based upon personality, expertise should be well established, where the advisor goes beyond the general knowledge of the field, but actually, “ have wisdom: the combination of knowledge and experience” ( TIME:??). Consequently, experience and knowledge allow for adaptation of the volatile industry and key planning of strategy. Thus, building trust is the next characteristic of a financial advisor, as trust leads to transparency both of which allow me to understand better which, again, is the main requirement of an advisor. Also, having creative decision making and better customer understanding can lead to me investing more, as my finances are being handled in a way I understand and can control. Furthermore, this will prove his attentiveness as his continued work in keeping me informed is his attention to how well my finances are working.
In essence, the ability to make me understand is key for the financial advisor I would select. Being able to hone in on this skill means the advisor has transparency, expertise, attentiveness and conscientiousness. Though there are many skills that a financial advisor can gain through experience and demographics, the ones which serve the customer the best is what is in