Overview
EMPLOYED
61,400
PART-TIME SHARE
16%
FEMALE SHARE
34%
MEDIAN WEEKLY EARNINGS
$2,320
MEDIAN AGE
42
ANNUAL EMPLOYMENT GROWTH
1,100
Summary
Financial Investment Advisers and Managers develop financial plans for individuals and organisations, and invest and manage funds on their behalf.
Tasks
- Interviewing prospective clients to determine financial status and objectives, discussing financial options and developing financial plans and investment strategies
- Monitoring investment performance, and reviewing and revising investment plans based on modified needs and changes in markets
- Recommending and arranging insurance cover for clients
- Arranging to buy and sell stocks and bonds for clients
- Advising on investment strategies, sources of funds and the distribution of earnings
- Setting financial objectives, and developing and implementing strategies for achieving the financial objectives
- Managing funds raised from personal superannuation savings policies and unit trusts
- Assisting in meeting superannuation compliance requirements
- Directing the collection of financial, accounting and investment information and the preparation of budgets, reports, forecasts and statutory returns
- May refer clients to other organisations to obtain services outlined in financial plans
Details
On this page
Earnings and Hours
| Earnings and Hours | Financial Investment Advisers and Managers | All Occupations |
|---|---|---|
| Share of workers who work full-time hours | 84% | 70% |
| Average full-time hours worked per week | 45 hours | 44 hours |
| Median full-time earnings per week | $2,320 | $1,697 |
| Median hourly earnings | $61 | $43 |
Industries
Financial Investment Advisers and Managers work in industries like:
Source:
Ranked using ABS, Labour Force Survey, 2023, four-quarter average data, custom report.
Note: industries that comprise less than 5% of an occupation have been suppressed.
States and territories
New South Wales
42.1%
Victoria
31.1%
Queensland
12.7%
South Australia
3.8%
Western Australia
6.8%
Tasmania
1.2%
Northern Territory
0.2%
Australian Capital Territory
2.2%
Source: ABS Labour Force Survey, Detailed, November 2024, Jobs and Skills Australia trend data.
Age and gender
| Age and Gender | Financial Investment Advisers and Managers | All Occupations |
|---|---|---|
| Median age | 42 years | 39 years |
| Female share of employment | 34% | 48% |
Education
Registration with the Australian Security and Investments Commission is required.
Visit
- Course Seeker to search and compare higher education courses.
- ComparED to compare undergraduate and postgraduate student experiences and outcomes.
- Your Career to compare Vocational Education and Training (VET) courses, providers and student outcomes.
| Highest Level of Educational Attainment (% Share) | All Occupations | Financial Investment Advisers and Managers |
|---|---|---|
| Post Graduate/Graduate Diploma or Graduate Certificate | 12.2 | 27.9 |
| Bachelor degree | 23.2 | 44.1 |
| Advanced Diploma/Diploma | 11.1 | 15.7 |
| Certificate III/IV | 19.5 | 2.8 |
| Year 12 | 15.9 | 5.7 |
| Year 11 | 4.0 | 0.7 |
| Year 10 and below | 9.7 | 1.0 |
Occupation profiles data
This file contains data displayed on the Occupation Profile pages.
Use of data in this file must include the relevant attribution text provided.
Australian and New Zealand Standard Classification of Occupations
Australian and New Zealand Standard Classification of Occupations (ANZSCO) is the skill-based classification system used to categorise occupations in the Australian and New Zealand labour markets. ANZSCO provides a basis for the standardised collection, analysis and dissemination of occupation data. Visit the ABS website to learn how ANZSCO works. Jobs and Skills Australia displays data for occupations that are defined by ANZSCO 2013 Version 1.3.