Investment Sales Assistant Responsibilities

If you are the person who enjoys interacting with people, have an aptitude for finance, investment related areas, with a flair for sales, and guiding people to help them in making wise financial decisions, then taking up the career of an investment sales assistant would be the right career choice for you. The investment sales assistant responsibilities include boosting the sales of the organization by grabbing clients who would make investment in the organization that he/she is working in. Besides, he/she may also be involved in various other support services like operational, administrative, and other processing procedures.

Key Responsibilities of an Investment Sales Assistant

The investment sales assistant is responsible for supporting the firm in various aspects related to investment process and financial planning. The investment sales assistant tries to get valuable information regarding the financial details of the client and provides him/her with different investment options by selling different investment products of the organization, which will be of great benefit to the clients as well as help in boosting the sales of the organization. He/she is responsible for providing support to his/her clients and helping them in managing their financial objectives. To get a better and a more clear picture, here is a list of the key responsibilities that need to be carried out by an investment sales associate in any financial business organization:

  1. To maintain and update the database related to customer relationship management
  2. To assist in the developing, maintaining, and updating the client investment portfolios as well as the reports related to their investments
  3. To review and study the financial status of the client and develop customized financial plans for the clients that will assist in meeting the financial goals and objectives
  4. To input the vital data and information of the client and conduct in depth analysis of the same by using various analytical tools and programs
  5. To compile and input the financial information that is current in the financial planning software, so as to create and review the current portfolios
  6. To perform analysis of the portfolios and help in preparation of periodic investment performance reports

In addition to the above duties, the investment sales assistant is responsible for managing and implementing the client account aggregation software and makes sure that the clients are well aware of this software and interacts with them on a regular basis. He/she works in collaboration with the other staff members and helps in understanding the additional investment and planning needs. He/she is involved in preparing and managing the agendas and scheduling the staff meetings. He/she is responsible for ensuring complete confidentiality about the most significant financial details of the existing and potential clients. He/she is responsible for assisting in the on going development and growth of the organization he/she is working for.

Essential Skills and Abilities

The individual interested in working for this position must have strong desire to advance and progress along with a passion for sales and building effective client relations. He/she should be comfortable working under tight deadlines and should be able to work in a target driven work environment. Previous sales experience would definitely be preferred. Excellent organization and time management skills, strong communication skills with the ability to work in a team as well as function independently are some of the other required skills and abilities.

Educational Background

The individuals aspiring to establish themselves in this career should have completed a bachelor's degree from an accredited university or college. Those with a master's degree would have an edge. Candidates with current FINRA Series 6,7, or 63 would definitely have an upper hand over the rest of the candidates.

Salary Details

The average salary earned by an investment sales assistant generally is dependent on the educational background, the skills, the abilities and his/her previous experience in a similar field. It normally varies according to the location, size, and type of the organization he/she is employed in. The average annual salary offered for this position is in the range of $38,000 to $44,000. This salary may include additional bonuses and commission that are earned on the sales generated.

Work Schedule

Though this professional is expected to work during standard work hours, he/she may be required to work overtime in the evenings, weekends, or public holidays to meet the sales targets.

Career Prospects

The opportunities are immense and those wishing to stabilize in this career have greater chances for advancement to higher positions. Those with higher qualifications and experience will climb the ladder of success more easily.

Thus, if you have that passion and drive for sales combined with indepth knowledge of the investment sector, then handling the investment sales assistant responsibilities would definitely be much more easier and you can definitely take your career to greater heights.

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