A Financial Broker consults with many financial bodies and institutes, using their knowledge and experience to identify each client’s specific needs and advise them on the best ways to manage and invest their money.
Operating as independent agents, Financial Brokers arrange and manage insurance, leases and business or personal money loans on behalf of their clients for a fee or commission. They also facilitate the trading of commodities; planning, organising and negotiating the sale and purchase of goods, property, shares and other financial assets.
In order to maximise efficacy, Financial Brokers must maintain up-to-date knowledge of a wide range of finance and insurance products, conduct research, and analyse markets and other economic elements. They must also perform risk assessments, calculate and record transaction costs and provide clear, detailed documentation to their clients.