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How to hire a personal investment adviser

Personal investment adviser hiring summary. Here are some key points about hiring personal investment advisers in the United States:

  • In the United States, the median cost per hire a personal investment adviser is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new personal investment adviser to become settled and show total productivity levels at work.

How to hire a personal investment adviser, step by step

To hire a personal investment adviser, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire a personal investment adviser, you should follow these steps:

Here's a step-by-step personal investment adviser hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a personal investment adviser job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new personal investment adviser
  • Step 8: Go through the hiring process checklist
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  1. Identify your hiring needs

    The personal investment adviser hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A personal investment adviser's background is also an important factor in determining whether they'll be a good fit for the position. For example, personal investment advisers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    This list shows salaries for various types of personal investment advisers.

    Type of Personal Investment AdviserDescriptionHourly rate
    Personal Investment AdviserPersonal financial advisors give financial advice to people. They help with investments, taxes, and insurance decisions.$35-92
    Finance PlannerA financial planner is responsible for handling client accounts and providing financial advice to determine the best investment options according to the clients' interests and risk appetite. Financial planners record the clients' living expenses as a part of their portfolio, identifying their long-term goals and objectives, and giving tax advice... Show more$20-57
    Finance ConsultantA finance consultant is responsible for providing financial plans and advice for clients, managing their finances and investment decisions, and helping them achieve their long-term financial goals. Finance consultants carefully evaluate clients' financial situations, help them decide on insurance options, and patiently respond to finance-related inquiries and concerns... Show more$25-52
  2. Create an ideal candidate profile

    Common skills:
    • Customer Service
    • Loan Applications
    • Inbound Calls
    • Product Knowledge
    • Outbound Calls
    • Guest Service
    • Real Estate
    • Loan Payments
    • Equities
    • Performance Metrics
    • Member Service
    • Investment Portfolios
    • BSA
    • Environmental Issues
    Check all skills
    Responsibilities:
    • Create and manage investment securities portfolios optimize to address each client's specific needs using establish asset allocation principles.
    • Create and manage investment securities portfolios optimize to address each client's specific needs using establish asset allocation principles.
    • Assist in planning and implementation of logistics automation initiatives relate to vehicle fleet management and repair parts management.
  3. Make a budget

    Including a salary range in your personal investment adviser job description is one of the best ways to attract top talent. A personal investment adviser can vary based on:

    • Location. For example, personal investment advisers' average salary in mississippi is 45% less than in washington.
    • Seniority. Entry-level personal investment advisers 61% less than senior-level personal investment advisers.
    • Certifications. A personal investment adviser with certifications usually earns a higher salary.
    • Company. Working for an established firm or a new start-up company can make a big difference in a personal investment adviser's salary.

    Average personal investment adviser salary

    $119,629yearly

    $57.51 hourly rate

    Entry-level personal investment adviser salary
    $74,000 yearly salary
    Updated December 16, 2025
  4. Writing a personal investment adviser job description

    A job description for a personal investment adviser role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a personal investment adviser job description:

    Personal investment adviser job description example

    Since its founding in 1877, The Fresh Air Fund, a not-for-profit youth development organization, has provided free life-changing summer experiences in the outdoors to more than 1.8 million children from New York City’s underserved communities. Young people also participate in year-round leadership, career exploration and educational programs. For more information, visit www.FreshAir.org.

    Position Summary

    The Young Women’s Giving Circle (YWGC) is a non-profit, youth led committee of The Fresh Air Fund that aims to build a community where young women educate themselves about advocacy and philanthropy while being exposed to new experiences through outings, guest speakers and volunteer opportunities. Every year, members identify an issue in their community and design a project of their choice to impact change. Through participation, members gain skills in using their voices, working as a group, public speaking, researching, facilitation, advocacy, networking and more. YWGC is led by a group of advisors, who have previously been members, that guide the younger members throughout the duration of the program year from November - June. Junior advisors will be partnered with a Senior Advisor to lead a cohort group.

    This is a n in-person position with occasional in-person special events. Junior Advisors will report to the Manager of Teen Programs.

    Responsibilities

    • Partner with Senior advisor who will provide guidance and mentorship to fulfill outlined responsibilities.
    • Provide 2.5 hours of direct virtual supervision, programming, leadership and mentorship to members during the hours of 5:30pm-8:30pm on Tuesdays.
    • Assume responsibility for the safety and well-being of members by creating a welcoming and accepting environment for all members.
    • Actively engage with members during in-person programming. Consistently show high levels of energy and enthusiasm and be extremely punctual with members and staff.
    • Understand that members come first, and decisions should be made in the best interests of members.
    • Address stressful situations appropriately in a fast-paced, interactive environment.
    • Be an active member of the community by participating in all programming and staff meetings.
    • Strive to work in a cooperative manner with fellow staff to achieve the goals of the program.
    • Invest time with members to meet their needs, challenge their capabilities and serve as a role model during their time in the program.
    • Be familiar with emergency procedures and follow them when necessary.
    • Help coordinate logistics including making phone calls, email reminders and keeping attendance and meeting minutes.
    • Develop curriculum with other advisors and facilitate weekly meetings.
    • Assist participants in their research by conducting your own research and guiding youth.
    • Plan, implement and lead volunteer opportunities and activities including Saturday in person events.
    • Plan, participate in and supervise fundraising efforts including maintaining financial records.
    • Actively engage in professional development by attending trainings provided throughout the year, setting professional goals for the year and participating in mid-year/end of year self-evaluations.
    • Additional responsibilities as needed and assigned.

    Qualifications

    • Must be at least 18 years of age by employment start date.
    • At least one year of college is preferred but must have a high school diploma or equivalent.
    • A minimum of one-year experience being a member of the Young Women’s Giving Circle.
    • Access to appropriate, quiet working space required.
    • Emotionally mature with a willingness to work as a team player and to maintain a positive attitude.
    • Excellent verbal and written communication skills required.
    • Bilingual abilities (Spanish, Mandarin, etc.) a plus.
    • Flexible and willing to accept challenges and step outside your comfort zone.
    • Successful completion of mandatory online orientation and ongoing professional development training.
    • Available for the entire duration of the year-round program.
  5. Post your job

    To find personal investment advisers for your business, try out a few different recruiting strategies:

    • Consider internal talent. One of the most important talent pools for any company is its current employees.
    • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any personal investment advisers they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level personal investment advisers with the right educational background.
    • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.
    Post your job online:
    • Post your personal investment adviser job on Zippia to find and recruit personal investment adviser candidates who meet your exact specifications.
    • Use field-specific websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
    • Post a job on free websites.
  6. Interview candidates

    Recruiting personal investment advisers requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

    It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new personal investment adviser

    Once you've found the personal investment adviser candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

    You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

    After that, you can create an onboarding schedule for a new personal investment adviser. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a personal investment adviser?

Before you start to hire personal investment advisers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire personal investment advisers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.

You can expect to pay around $119,629 per year for a personal investment adviser, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for personal investment advisers in the US typically range between $35 and $92 an hour.

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