Financial Proffesionals And Functions Flashcards
What is a Financial Advisor
They help clients manage their money, including investments and other accounts
What is an insurer
they provide advice to clients on different classes of insurance (life, general, business) and addresses specific risks
What is an insurance broker
They act a an intermediary between insurance company and an individual or commercial consumer: they assist consumers in finding a suitable policy
What is a stock broker
They arrange the buying and selling of stock by finding buyers and sellers at an agreed upon price
What is a Loss adjuster
They work for the insurance company and adjusts the claim presented to them by the policyholder
What is a mortgage adviser?
They have in depth knowledge of the market, they assist in the application process and gives advice on mortgage options and repayment
What is a wealth management professional
Manages money investments including stocks and bonds
What is a relationship manager
Builds and maintains relationships with new and existing clients
What is a finance analyst
Uses financial data to spot trends and exploration into the future
What is a day trader
Trades currencies on the foreign exchange and online inter-bank market
What is a restricted financial planner
Helps both individuals and companies create specialised programmes to meet their long term financial goals
What is a banker
Works in banking- deals with money
What is a risk analyst
Identifies and analyses potential risks threatening financial positions using market research and risk calculations for transactions and decisions
What is a commercial banking analyst
They establish financial goals and advise on appropriate bank accounts and financial products
What is an investment banker
Manages initial public offerings (IPOs), negotiates mergers, raises capital for coporations
