Personal Financial Advisors

Does not pass

• Manage client portfolios, keeping client plans up-to-date.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 8.2% of the role's time · $3.5B

• Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it · 8.1% of the role's time · $3.5B

• Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.

  reason given most often: no existing check settles it · 7.6% of the role's time · $3.3B

• Recommend financial products, such as stocks, bonds, mutual funds, or insurance.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 7.0% of the role's time · $3.0B

• Prepare or interpret for clients information, such as investment performance reports, financial document summaries, or income projections.

  reason given most often: no existing check settles it · 6.9% of the role's time · $3.0B · waiting on a check

• Implement financial planning recommendations, or refer clients to someone who can assist them with plan implementation.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it · 6.9% of the role's time · $3.0B

• Answer clients' questions about the purposes and details of financial plans and strategies.

  reason given most often: no existing check settles it · 6.8% of the role's time · $2.9B · waiting on a check

• Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 6.7% of the role's time · $2.9B

• Monitor financial market trends to ensure that client plans are responsive.

  reason given most often: no existing check settles it · 6.3% of the role's time · $2.7B

• Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.

  reason given most often: no existing check settles it · 5.9% of the role's time · $2.5B · waiting on a check

• Investigate available investment opportunities to determine compatibility with client financial plans.

  reason given most often: no existing check settles it · 4.6% of the role's time · $2.0B

• Contact clients periodically to determine any changes in their financial status.

  reason given most often: no existing check settles it · 4.5% of the role's time · $2.0B · waiting on a check

• Guide clients in the gathering of information, such as bank account records, income tax returns, life and disability insurance records, pension plans, or wills.

  reason given most often: no existing check settles it · 3.9% of the role's time · $1.7B

• Explain to clients the personal financial advisor's responsibilities and the types of services to be provided.

  reason given most often: no existing check settles it · 3.8% of the role's time · $1.6B · waiting on a check

• Recruit and maintain client bases.

  reason given most often: nobody can tell quickly whether it worked · 3.0% of the role's time · $1.3B

• Open accounts for clients, and disburse funds from accounts to creditors as agent for clients.

  reason given most often: a failure is too expensive · 2.2% of the role's time · $956M · passed by Claude Sonnet · the models disagreed

• Devise debt liquidation plans that include payoff priorities and timelines.

  reason given most often: no existing check settles it · 2.1% of the role's time · $920M

• Inform clients about tax benefits, government rebates, or other financial benefits of alternative-fuel vehicle purchases or energy-efficient home construction, improvements, or remodeling.

  reason given most often: no existing check settles it · 1.9% of the role's time · $811M · waiting on a check

• Meet with clients' other advisors, such as attorneys, accountants, trust officers, or investment bankers, to fully understand clients' financial goals and circumstances.

  reason given most often: no existing check settles it · 1.8% of the role's time · $786M · waiting on a check

• Recommend environmentally responsible investments, such as cleantech, alternative energy, or conservation technologies, companies, or funds.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 1.2% of the role's time · $512M

• Conduct seminars or workshops on financial planning topics, such as retirement planning, estate planning, or the evaluation of severance packages.

  reason given most often: no existing check settles it · 0.6% of the role's time · $266M · waiting on a check