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Investment executive vs finance advisor

The differences between investment executives and finance advisors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become an investment executive, becoming a finance advisor takes usually requires 2-4 years. Additionally, an investment executive has an average salary of $130,432, which is higher than the $64,993 average annual salary of a finance advisor.

The top three skills for an investment executive include develop strong relationships, comprehensive knowledge and financial products. The most important skills for a finance advisor are team support, wealth management, and securities.

Investment executive vs finance advisor overview

Investment ExecutiveFinance Advisor
Yearly salary$130,432$64,993
Hourly rate$62.71$31.25
Growth rate6%15%
Number of jobs77,837106,311
Job satisfaction--
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 74%
Average age5245
Years of experience-4

What does an investment executive do?

An investment executive is typically responsible for communicating with clients encourage them to invest in opportunities to make their business or company more profitable. An investment executive needs to be an influential adviser and supervisor. They have an objective for both the clients and the company, and they establish a long-term relationship by giving them investment options.

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.

Investment executive vs finance advisor salary

Investment executives and finance advisors have different pay scales, as shown below.

Investment ExecutiveFinance Advisor
Average salary$130,432$64,993
Salary rangeBetween $74,000 And $228,000Between $34,000 And $121,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateHawaiiNew York
Best paying companyAllianz of America, Inc.Enbridge
Best paying industryReal EstateFinance

Differences between investment executive and finance advisor education

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

Investment ExecutiveFinance Advisor
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Minnesota - Twin Cities

Investment executive vs finance advisor demographics

Here are the differences between investment executives' and finance advisors' demographics:

Investment ExecutiveFinance Advisor
Average age5245
Gender ratioMale, 79.9% Female, 20.1%Male, 72.3% Female, 27.7%
Race ratioBlack or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6%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 Percentage12%5%

Differences between investment executive and finance advisor duties and responsibilities

Investment executive example responsibilities.

  • Manage nearly USD 20MM in Peruvian equities for select high net worth individuals.
  • Create and manage investment securities portfolios optimize to address each client's specific needs using establish asset allocation principles.
  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Profile and sell appropriate equities, bonds and annuities to clients.
  • Market and create wealth preservation portfolios to meet specific high-net-worth client needs, using annuities and insurance.
  • Provide clients of a major financial institution with investment advice and securities transactions.
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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.
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Investment executive vs finance advisor skills

Common investment executive skills
  • Develop Strong Relationships, 24%
  • Comprehensive Knowledge, 13%
  • Financial Products, 10%
  • Business Development, 9%
  • Securities, 8%
  • Estate Planning, 8%
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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