ANZSCO 222311

Financial Investment Advisers

Overview

EMPLOYED

24,000

PART-TIME SHARE

16%

FEMALE SHARE

33%

MEDIAN WEEKLY EARNINGS

N/A

MEDIAN AGE

43

ANNUAL EMPLOYMENT GROWTH

N/A

About this data

Summary

Financial Investment Advisers develop and implement financial plans for individuals or organisations, and advise on investment strategies and their taxation implications, securities, insurance, pension plans and real estate.

Tasks

  • Interviews prospective clients to determine financial status and objectives, discusses financial options and develops financial plans and investment strategies
  • Monitors investment performance, and reviews and revises investment plans based on modified needs and changes in markets
  • Recommends and arranges insurance cover for clients
  • Arranges to buy and sell stocks and bonds for clients
  • Advises on investment strategies, sources of funds and the distribution of earnings
  • Sets financial objectives, and develops and implements strategies for achieving the financial objectives
  • Manages funds raised from personal superannuation savings policies and unit trusts
  • May refer clients to other organisations to obtain services outlined in financial plans

ANZSCO Classification

Details

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    Hours worked

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Note: those who were classified as "Employed, away from work" at the time of the 2021 Census (accounting for approx. 8% of total employment), have been excluded from the "Average full-time hours worked per week" denominator.
    Hours worked Financial Investment Advisers All Occupations
    Share of workers who work full-time hours 84% 64%
    Average full-time hours worked per week 44 hours 44 hours

    Industries

    Financial Investment Advisers work in industries like:

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Note: industries that comprise less than 5% of an occupation have been suppressed.

    States and territories

    New South Wales

    33.3%

    Victoria

    29.7%

    Queensland

    18.0%

    South Australia

    6.3%

    Tasmania

    1.4%

    Northern Territory

    0.2%

    Australian Capital Territory

    2.0%

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.

    Age and gender

    Age and Gender Profile
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age and Gender Financial Investment Advisers All Occupations
    Median age 43 years 40 years
    Female share of employment 33% 49%
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age Profile (% Share) All Occupations Financial Investment Advisers
    15–19 5.2 0.2
    20–24 9.1 4.5
    25–34 22.7 21.9
    35–44 22.3 28.7
    45–54 20.4 24.8
    55–59 8.8 8.6
    60–64 6.5 5.7
    65 and Over 4.9 5.5

    Education

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence. Highest qualification completed by workers in this job (in any field of study).
    Qualifications needed by new workers might be different from the qualifications of workers already in the job.
    Note: the sum of the educational attainment categories may not add up to 100% due to the exclusion of non-descriptive categories such as not stated responses.
    Highest Level of Educational Attainment (% Share) All Occupations Financial Investment Advisers
    Post Graduate/Graduate Diploma or Graduate Certificate 12.2 26.4
    Bachelor degree 23.2 43.2
    Advanced Diploma/Diploma 11.1 18.9
    Certificate III/IV 19.5 2.5
    Year 12 15.9 5.4
    Year 11 4.0 0.6
    Year 10 and below 9.7 0.8
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      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.

      Occupation profiles data - August 2024.xlsx

      occupation_profiles_data_-_august_2024.xlsx9088333

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      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.