Financial Specialists, All Other, typically have job responsibilities that vary depending on their specific role within the financial industry. However, in general, they may be tasked with duties such as conducting financial analyses, evaluating investment opportunities, preparing reports and recommendations, providing financial advice to clients, managing financial portfolios, assessing risks, researching market trends, and ensuring compliance with regulations. Their tasks can encompass a wide range of financial activities beyond those covered by more specialized roles.
This income data is sourced from the May 2023 Occupational Employment and Wage Statistics (OEWS) survey. The dataset is updated annually.
Annual Pay Distribution | Salary |
---|---|
10th percentile | $45,240.00 |
25th percentile | $51,840.00 |
median (50th percentile) | $65,670.00 |
75th percentile | $80,000.00 |
90th percentile | $109,220.00 |
Hourly Pay Distribution | Hourly Rate |
---|---|
10th percentile | $21.75 |
25th percentile | $24.92 |
median (50th percentile) | $31.57 |
75th percentile | $38.46 |
90th percentile | $52.51 |
Financial Specialists, All Other typically require a bachelor's degree in a related field such as finance, economics, accounting, or business administration. Some employers may prefer candidates with a master's degree or professional certification like Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP). High school education is a prerequisite for pursuing higher education to meet these requirements. Training for Financial Specialists, All Other involves on-the-job learning, mentorship programs, and continuing education to stay updated on financial regulations, industry trends, and software tools. Many professionals in this role gain practical experience through internships, entry-level positions in financial firms, or working under the guidance of experienced financial specialists. They often attend workshops, seminars, and pursue relevant certifications to enhance their skills and knowledge in specialized areas of finance.