DETAILED OCCUPATION DATA

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

Occupational Employment Statistics(OES) Wage Data
Wages Updated to First Quarter, 2013

					Percentiles
Geography	Employment	Emp SE*	Mean	Mean SE*	10th	25th	Median	75th	90th
Minnesota	4,350	318	$37.38/hr	$1.57/hr	$17.31/hr	$21.01/hr	$28.12/hr	$44.66/hr	$73.33/hr
U S	175,470	2,983	$44.11/hr	$0.57/hr	$15.68/hr	$21.44/hr	$32.79/hr	$54.13/hr	>$80.00/hr
*SE = Standard error, a measure of the statistical reliability of the estimate.

Other Regional Data For Personal Financial Advisors Geography (click title for details) OES Projections Employment Median Wage % Change  -  EDR 11 - 7 County Twin Cities 3,680 $28.88/hr N/A EDR 10 - Southeast 140 $27.24/hr N/A EDR 3 - Arrowhead 130 $24.26/hr N/A EDR 7W- Central 120 $31.82/hr N/A EDR 9 - South Central 100 $20.07/hr N/A EDR 5 - North Central 30 $23.69/hr N/A EDR 4 - West Central 30 $20.65/hr N/A EDR 6W- Upper Minnesota Valley N/A N/A N/A EDR 7E- East Central N/A $18.00/hr N/A

• Interviews client with debt problems to determine available monthly income after living expenses to meet credit obligations.
• Assists in selection of candidates for specific financial awards or aid.
• Authorizes release of funds to students.
• Prepares required records and reports.
• Opens account for client and disburses funds from account to creditors as agent for client.
• Explains to individuals and groups financial assistance available to college and university students, such as loans, grants, and scholarships.
• Calculates amount of debt and funds available.
• Interviews students to obtain information and compares data on students' applications with eligibility requirements to determine eligibility for assistance program.
• Contacts creditors to arrange for payment adjustments so that payments are feasible for client and agreeable to creditors.
• Determines amount of aid to be granted, considering such factors as funds available, extent of demand, and needs of students.
• Establishes payment priorities to plan payoff method and estimate time for debt liquidation.
• Counsels client on financial problems, such as excessive spending and borrowing of funds.