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Employee adviser vs finance advisor

The differences between employee advisers and finance advisors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an employee adviser, becoming a finance advisor takes usually requires 2-4 years. Additionally, an employee adviser has an average salary of $72,752, which is higher than the $64,993 average annual salary of a finance advisor.

The top three skills for an employee adviser include human resources, conflict resolution and unemployment claims. The most important skills for a finance advisor are team support, wealth management, and securities.

Employee adviser vs finance advisor overview

Employee AdviserFinance Advisor
Yearly salary$72,752$64,993
Hourly rate$34.98$31.25
Growth rate8%15%
Number of jobs18,586106,311
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 74%
Average age4145
Years of experience64

What does an employee adviser do?

Employee Advisor helps ensure a fair and consistent approach to policies and procedures. They assist other human resources professionals, staff, and managers in providing all employees clear explanations of company guidelines, procedures, and policy training programs. The skills needed to be an Employee Advisor are excellent interpersonal skills, building relationships with people, working with a team, learning independently, and adequate knowledge about technology use. They also provide advice to employees who have emotional, mental, and social problems.

What does a finance advisor do?

A Financial Advisor specializes in sharing their expertise with an individual or company on how to handle and boost finances. The responsibilities of a Financial Advisor include creating and proposing a strategy to attain financial gains through profits and investments, educating the client about new methods and opportunities, monitor and evaluate progress, and as well as plan policies according to the clients' life changes. Furthermore, it is also the duty of the Financial Advisor to research new investments that would be of great help to the client's assets.

Employee adviser vs finance advisor salary

Employee advisers and finance advisors have different pay scales, as shown below.

Employee AdviserFinance Advisor
Average salary$72,752$64,993
Salary rangeBetween $47,000 And $112,000Between $34,000 And $121,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Enbridge
Best paying industry-Finance

Differences between employee adviser and finance advisor education

There are a few differences between an employee adviser and a finance advisor in terms of educational background:

Employee AdviserFinance Advisor
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityUniversity of Minnesota - Twin Cities

Employee adviser vs finance advisor demographics

Here are the differences between employee advisers' and finance advisors' demographics:

Employee AdviserFinance Advisor
Average age4145
Gender ratioMale, 33.1% Female, 66.9%Male, 72.3% Female, 27.7%
Race ratioBlack or African American, 11.3% Unknown, 5.5% Hispanic or Latino, 17.8% Asian, 8.2% White, 56.4% American Indian and Alaska Native, 0.8%Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1%
LGBT Percentage9%5%

Differences between employee adviser and finance advisor duties and responsibilities

Employee adviser example responsibilities.

  • Generate HRIS reports and manage personnel files, management information, and candidate data utilizing standardize reporting systems.
  • Resolve HR/ER issues relate but not limit to conflict management, FMLA, performance management, corrective action, etc.
  • Assist in responding to agency (EEOC, DOL, etc . )
  • Provide guidance on the laws pertaining to disabilities, ADA and FMLA.
  • Resolve highly complex employee relations issues focuse on those with risk of litigation, systemic implications and media attention.
  • Help resolve EEO issues for staff and management; conduct investigations and mediations as necessary to amicably resolve disputes.
  • Show more

Finance advisor example responsibilities.

  • Manage all budget and forecast submissions into Hyperion.
  • Manage $3MM private investment portfolio consisting of mid-cap/large-cap equities.
  • Structure and manage investment portfolios using a range of financial instruments, including equity securities and fix income instruments.
  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Research eligibility and status of all Medicare and Medicaid patients.
  • Perform portfolio analysis using MorningStar workstation and complete cost basis research project.
  • Show more

Employee adviser vs finance advisor skills

Common employee adviser skills
  • Human Resources, 21%
  • Conflict Resolution, 13%
  • Unemployment Claims, 8%
  • Ethics, 7%
  • Management System, 6%
  • OSHA, 5%
Common finance advisor skills
  • Team Support, 7%
  • Wealth Management, 7%
  • Securities, 6%
  • Strong Computer, 6%
  • Financial Services, 6%
  • Client Facing, 5%

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