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The differences between wealth management advisors and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a wealth management advisor, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a wealth management advisor has an average salary of $91,605, which is higher than the $38,859 average annual salary of a certified medical technician.
The top three skills for a wealth management advisor include customer service, insurance products and securities. The most important skills for a certified medical technician are patients, vital signs, and CPR.
| Wealth Management Advisor | Certified Medical Technician | |
| Yearly salary | $91,605 | $38,859 |
| Hourly rate | $44.04 | $18.68 |
| Growth rate | 15% | 5% |
| Number of jobs | 127,946 | 164,424 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 28% |
| Average age | 45 | 44 |
| Years of experience | 4 | 12 |
As a wealth management advisor, you will be responsible for advising and guiding clients on financial plans using your knowledge and expertise on investment and tax strategies, pension plans, insurance, real estate, and securities. You will be regularly checking clients to re-evaluate their situation and future financial goals. Additionally, you are responsible for assessing clients' tolerance for risk and providing an investment strategy to help them reach these goals. Other duties and responsibilities may include coordinating with your lawyers or accountants to minimize the tax owed by their clients and assisting clients with estate planning strategies.
Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.
Wealth management advisors and certified medical technicians have different pay scales, as shown below.
| Wealth Management Advisor | Certified Medical Technician | |
| Average salary | $91,605 | $38,859 |
| Salary range | Between $49,000 And $168,000 | Between $28,000 And $53,000 |
| Highest paying City | New York, NY | Denton, TX |
| Highest paying state | Massachusetts | Alaska |
| Best paying company | Capital Group | Favorite Healthcare Staffing |
| Best paying industry | Finance | Health Care |
There are a few differences between a wealth management advisor and a certified medical technician in terms of educational background:
| Wealth Management Advisor | Certified Medical Technician | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 28% |
| Most common major | Business | Nursing |
| Most common college | University of Minnesota - Twin Cities | University of Connecticut |
Here are the differences between wealth management advisors' and certified medical technicians' demographics:
| Wealth Management Advisor | Certified Medical Technician | |
| Average age | 45 | 44 |
| Gender ratio | Male, 69.1% Female, 30.9% | Male, 20.4% Female, 79.6% |
| Race ratio | Black 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, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 5% | 8% |