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TASK

Personal Financial Advisors

ID

work_business_financial/personal_financial_advisors

Type

TASK

Children

21

Child Nodes (21)

ATOMIC

Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.

ATOMIC

Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.

ATOMIC

Answer clients' questions about the purposes and details of financial plans and strategies.

ATOMIC

Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.

ATOMIC

Manage client portfolios, keeping client plans up-to-date.

ATOMIC

Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.

ATOMIC

Recommend financial products, such as stocks, bonds, mutual funds, or insurance.

ATOMIC

Implement financial planning recommendations, or refer clients to someone who can assist them with plan implementation.

ATOMIC

Contact clients periodically to determine any changes in their financial status.

ATOMIC

Prepare or interpret for clients information, such as investment performance reports, financial document summaries, or income projections.

ATOMIC

Explain to clients the personal financial advisor's responsibilities and the types of services to be provided.

ATOMIC

Investigate available investment opportunities to determine compatibility with client financial plans.

ATOMIC

Guide clients in the gathering of information, such as bank account records, income tax returns, life and disability insurance records, pension plans, or wills.

ATOMIC

Monitor financial market trends to ensure that client plans are responsive.

ATOMIC

Recruit and maintain client bases.

ATOMIC

Meet with clients' other advisors, such as attorneys, accountants, trust officers, or investment bankers, to fully understand clients' financial goals and circumstances.

ATOMIC

Devise debt liquidation plans that include payoff priorities and timelines.

ATOMIC

Open accounts for clients, and disburse funds from accounts to creditors as agent for clients.

ATOMIC

Inform clients about tax benefits, government rebates, or other financial benefits of alternative-fuel vehicle purchases or energy-efficient home construction, improvements, or remodeling.

ATOMIC

Recommend environmentally responsible investments, such as cleantech, alternative energy, or conservation technologies, companies, or funds.

ATOMIC

Conduct seminars or workshops on financial planning topics, such as retirement planning, estate planning, or the evaluation of severance packages.