Financial Brokers and Dealers, and Investment Advisers play a crucial role in conducting financial market transactions, providing financial advice, and managing financial plans for individuals and organizations. These professionals are responsible for selling loans and insurance, buying and selling commodities, and offering financial investment advice and plans.

Indicative Skill Level:

Most occupations in this field require a high level of skill and expertise. In Australia, individuals in this occupation typically hold a Bachelor's degree or higher qualification. However, relevant experience can also substitute for formal qualifications, with at least five years of experience considered equivalent to a formal qualification. For those with an Associate Degree, Advanced Diploma, or Diploma, a minimum of three years of relevant experience is required. In New Zealand, a Bachelor's degree or higher qualification is also the norm, with five years of relevant experience being an acceptable substitute. Alternatively, a NZQF Diploma with at least three years of relevant experience is considered sufficient. In some cases, additional on-the-job training may be required alongside formal qualifications.

Tasks Include:

• Obtaining information on securities, market conditions, government regulations, and clients' financial circumstances.
• Executing buy and sell orders in the market place on behalf of clients and providing advice on financial matters such as stocks, bonds, and market conditions.
• Recording and transmitting buy and sell orders, as well as calculating and recording transaction costs.
• Arranging insurance, home loan mortgages, and other types of finance for clients through banks, lenders, financiers, and insurance companies.
• Developing investment lists for clients and reviewing and revising investment plans based on modified needs and changes in markets.
• Negotiating the purchase and sale of commodities such as grains, wool, minerals, and metals.
• Interviewing prospective clients to determine their financial status and objectives, discussing financial options, and developing financial plans and strategies.
• Managing funds raised from personal superannuation saving policies and unit trusts.

Subcategories:

Within the Financial Brokers and Dealers, and Investment Advisers occupation, there are several subcategories:

• 2221 Financial Brokers
• 2222 Financial Dealers
• 2223 Financial Investment Advisers and Managers

These subcategories represent specialized roles within the broader field, each with its own unique responsibilities and skill requirements.