Financial Services | Lake Area Technical College

Skills & Competencies

Skills developed through this program

Auto-populatedfrom O*NET via SOC 13-2052.00

Skills

Reading ComprehensionActive ListeningSpeakingWritingCritical ThinkingMathematicsService OrientationComplex Problem Solving

Knowledge

Customer and Personal ServiceEconomics and AccountingEnglish LanguageMathematicsPsychology

Abilities

Oral ComprehensionWritten ComprehensionOral ExpressionSpeech ClarityInductive ReasoningWritten ExpressionDeductive ReasoningNumber FacilityNear VisionProblem Sensitivity

Tasks

Interview clients to determine their current income, expenses, insurance coverage, tax status, finan
Analyze financial information obtained from clients to determine strategies for meeting clients' fin
Answer clients' questions about the purposes and details of financial plans and strategies.

Technology

Customer relationship management CRM softwareFinancial analysis softwareWord processing softwareDocument management softwareCompliance software

Tools

10-key calculatorsDesktop computersNotebook computersPersonal computersPersonal digital assistants PDATablet computers

Work Values

IndependenceAchievementWorking ConditionsRecognitionRelationshipsSupport

Career Pathways

Occupations this program prepares you for

Auto-populatedfrom O*NET + BLS

Occupations matched to this program, with median wage, top wage, growth, and openings
SOC	Occupation	Method	Wage	Growth	Openings
Match confidence: medium13-2052.00	Personal Financial Advisors	title_inference	$102,140 median	+9.57%	3,120

Program Pathways

Credentials this program stacks toward

No program pathways.

What You'll Learn

Key competencies developed through this program

Auto-populatedfrom NSX Competency Framework

Mastery: developing (Level 2)(based on Associate's Degree)

Client financial profiles — analyze independently to identify gaps in insurance coverage, savings rates, and investment allocation within a team-based advisory practice.
Financial planning strategies — develop and present tailored cash management and investment recommendations to clients with moderate financial complexity.
Client portfolio accounts — review on a scheduled basis to assess performance against stated goals and flag needed adjustments with limited oversight.
Life-event changes — evaluate their impact on existing client financial plans and initiate appropriate plan revisions in a timely manner.
Financial analysis software — utilize to model scenario projections including retirement income estimates, college savings trajectories, and debt payoff timelines.
Written financial plans — produce clear, organized documents that translate analytical findings into actionable client recommendations using standard firm templates.
Referral network — coordinate with tax professionals, estate attorneys, and insurance specialists to facilitate implementation of components outside direct advisory scope.
Client relationship management — maintain ongoing communication with an established book of clients using CRM software to track interactions and follow-up actions.
Regulatory and suitability standards — apply consistently when recommending specific financial products such as mutual funds or annuities to client segments.
Economic and market developments — monitor regularly and communicate their implications for client portfolios during scheduled review meetings.

Program Details

Detailed information about this program

No detailed information available.

Requirements

What you need to earn this credential

No requirements listed.

Financial Aid

Eligible funding programs

No funding information available.

Scholarships

No scholarships listed.