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Finance assistance advisor vs bank advisor

The differences between finance assistance advisors and bank advisors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a finance assistance advisor and a bank advisor. Additionally, a bank advisor has an average salary of $90,014, which is higher than the $79,349 average annual salary of a finance assistance advisor.

The top three skills for a finance assistance advisor include customer service, financial assistance and financial data. The most important skills for a bank advisor are financial services, CRM, and client relationships.

Finance assistance advisor vs bank advisor overview

Finance Assistance AdvisorBank Advisor
Yearly salary$79,349$90,014
Hourly rate$38.15$43.28
Growth rate15%15%
Number of jobs99,34149,437
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Average age4545
Years of experience44

Finance assistance advisor vs bank advisor salary

Finance assistance advisors and bank advisors have different pay scales, as shown below.

Finance Assistance AdvisorBank Advisor
Average salary$79,349$90,014
Salary rangeBetween $42,000 And $147,000Between $56,000 And $143,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between finance assistance advisor and bank advisor education

There are a few differences between a finance assistance advisor and a bank advisor in terms of educational background:

Finance Assistance AdvisorBank Advisor
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance assistance advisor vs bank advisor demographics

Here are the differences between finance assistance advisors' and bank advisors' demographics:

Finance Assistance AdvisorBank Advisor
Average age4545
Gender ratioMale, 35.5% Female, 64.5%Male, 61.3% Female, 38.7%
Race ratioBlack or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.4% Asian, 8.3% White, 72.2% American Indian and Alaska Native, 0.1%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 Percentage5%5%

Differences between finance assistance advisor and bank advisor duties and responsibilities

Finance assistance advisor example responsibilities.

  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Conduct initial and ongoing meetings with prospects and clients profiling and developing comprehensive wealth management strategies.
  • Analyze and test derivative modeling and dynamic hedging methods.

Bank advisor example responsibilities.

  • Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
  • Carry out excellent profiling, cross-selling of all products, and explaining benefits to each client.
  • Utilize cross-selling techniques to sell the best product for each customer's needs.
  • Support banking and lending activity through leveraging securities to provide lending solutions for high net worth clients.
  • Analyze clients' securities portfolios to ensure diversification and margin ability for credit line/loan approval.
  • Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
  • Show more

Finance assistance advisor vs bank advisor skills

Common finance assistance advisor skills
  • Customer Service, 28%
  • Financial Assistance, 13%
  • Financial Data, 13%
  • Financial Aid Eligibility, 11%
  • Financial Aid, 10%
  • Client Service, 3%
Common bank advisor skills
  • Financial Services, 21%
  • CRM, 14%
  • Client Relationships, 13%
  • Cross-Selling, 6%
  • Financial Solutions, 5%
  • Bank Products, 4%

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