Financial advisers provide their clients with specialist advice on how to manage their money. They may be employed in large companies such as banks or within small specialist advice businesses. The role involves building long term valued relationships with client, researching the marketplace and recommending the most appropriate products and services available. Financial advisers may specialise in particular products, depending on their clients, such as selling employee pension schemes to companies or offering mortgage, pension or investment advice to private clients. Financial advisers operate in a highly regulated environment and in order to give financial advice, they must have professional qualifications and demonstrate a high degree of integrity, adherence to a code of ethics and be committed to maintaining their professional development and knowledge.
Employers will set their own entry requirements. This standard is designed for apprentices with no previous experience, although it could also act as a progression opportunity for those in other roles such as Financial Services Administrator, Mortgage Adviser or Paraplanner.
Progression beyond this apprenticeship could be to become a Chartered Financial Planner, Manager or business owner.
Typically, within 24-30 months
English and Maths
Apprentices without level 2 English and maths will need to achieve this level prior to taking the end point assessment.