how to become a financial advisor? What are the basic steps one should take to achieve this?

Answer 1

Usually a degree if finance is a good start. Then their are specific licensing test you would have to pass.

Answer 2

The main step one should take is to examine every single type of investment and how every financial instituton operates. They all put their guidelines and stipulation in black and white, however, you really have to gain knowledge of all of them and learn how to understand what they mean.

Every day, learn something new about an investment program. Ask specific questions regarding it and talk to the people involved in it. Once you think you know everything about it, go on to another investment.

Also pay attention to the news and the business section in the newspaper. Get a feel for the financial markets so that you are always in tune with what is being said.

Answer 3

Very simple
Make collections of different schemes of different insurance companies , banks ,post office ,private companies ;mutual funds ,more the records available with you can advise and also check from compnies ,banks if they offer agencies for deposites/recoveries. By experience one can become master in this field ; good luck .

Answer 4

i think there are more legal concern than biz concern,how to get a license is far more difficult than how to get the skill of doing that