Finance Agents Business Opportunities
Finance Agents Business Opportunities: Who is a Finance Agent? A financial agent means a person who carries on the business of lending money, or financing for other persons the sale or purchase of goods or services.
Also, A Finance agent may be employed to represent a client in negotiations and other dealings with third parties.
There are several business opportunities for finance agents and here are a few of the opportunities…
Investment Banker: Finance agents can act or serve as investment bankers or advisors for public or private entities. With this opportunity, the finance agent is supposed to advise the individual or company on the risks involved in investing in a particular venture. Average salary: $119,370
Financial Analyst: Finance Agents can also be analysts for private or public entities and make sure they analyze every risk involved in a particular business opportunity before giving a go-ahead. Estimated salary: $96,630
Chief Financial Officer (CFO): CFOs are responsible for leading and managing the overall financial dealings of companies. Their main tasks include tracking profit and loss, then strategizing how to make the company more profitable. Average salary: $164,420
Finance Director: The finance Director is tasked with overseeing all financial activities, reporting on revenue, training accounting staff, budgeting, disbursing funds to departments, managing risk, implementing policies, and improving financial processes. Average salary: $147,143
Controller: The controller manages accounting records and is responsible for the production of financial reports. He or she oversees all employees involved in the accounting process, including accounts receivable, accounts payable, payroll, inventory, and compliance. The average salary of a controller: $103,376
Accountant: The job of the accountant includes financial analyzing and reporting, preparing tax returns, auditing accounts, and acting as consultants on a wide variety of financial matters. Average salary: $81,660
Financial Examiner: A financial examiner monitors the financial condition of financial institutions. He or she examines balance sheets and loan documentation to confirm liabilities and assets, operating income, and expense accounts. He or she may train other examiners in the financial examination process. Average salary: $81,430
Securities, Commodities, and Financial Services Sales Agents: Securities, commodities and financial services sales agents connect buyers and sellers in financial markets. They also sell securities to individuals, advise companies in search of investors, and conduct trades. Average salary: $64,770
Portfolio Manager: A portfolio Manager is an investment decision-maker. He or she devises and implements investment strategies and processes to meet client goals and constraints, construct and manage portfolios, make decisions on what and when to buy and sell investments. Average salary: $112,204
Trader: He or she engages in the buying and selling of financial assets in any financial market, either for themself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset. Average salary: $100,030
Stockbroker: She or he is a financial professional who executes orders in the market on behalf of clients. Stockbrokers are often paid on a commission basis although compensation methods vary by employer. Brokerage firms and broker-dealer companies are also sometimes referred to generically as stockbrokers. Average salary: $72,129
Personal Financial Advisor: He or she assesses the financial needs of individuals and helps them with decisions on investments (such as stocks and bonds), tax laws, and insurance. Advisors help clients plan for short- and long-term goals, such as meeting education expenses and saving for retirement through investments. Average salary: $122,490
The above are some of the business opportunities and careers for Finance Agents. As a finance agent looking forward to working with a reputable financial institution, mastering any of the above is a must.