Will “Asset Analyst” be Replaced By Robots? 🤔

58% Chance of Automation

“Asset Analyst” will maybe be replaced by robots.

This job is ranked #324 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.

Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍

Job Description

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.

Job Details

The SOC (Standard Occupational Classification) code is 13-2052.00
The Mean Annual Wage in the U.S. is $ 123,100.00
The Mean Hourly Wage is $ 59.00
Currently, there are 201,850 people on this job

☝️ Information based on the reference occupation “Personal Financial Advisors”.

Also Known As…

Tasks for “Asset Analyst”

Recruit and maintain client bases.
Monitor financial market trends to ensure that client plans are responsive.
Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.
Devise debt liquidation plans that include payoff priorities and timelines.
Recommend financial products, such as stocks, bonds, mutual funds, or insurance.
Recommend environmentally responsible investments, such as cleantech, alternative energy, or conservation technologies, companies, or funds.
Conduct seminars or workshops on financial planning topics, such as retirement planning, estate planning, or the evaluation of severance packages.
Investigate available investment opportunities to determine compatibility with client financial plans.
Explain to clients the personal financial advisor's responsibilities and the types of services to be provided.
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.
Implement financial planning recommendations or refer clients to someone who can assist them with plan implementation.
Contact clients periodically to determine any changes in their financial status.
Answer clients' questions about the purposes and details of financial plans and strategies.
Guide clients in the gathering of information, such as bank account records, income tax returns, life and disability insurance records, pension plans, or wills.
Manage client portfolios, keeping client plans up-to-date.
Inform clients about tax benefits, government rebates, or other financial benefits of alternative fuel vehicle purchases or energy efficient home construction, improvements, or remodeling.
Open accounts for clients and disburse funds from accounts to creditors as agent for clients.
Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
Prepare or interpret for clients information such as investment performance reports, financial document summaries, or income projections.
Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
Meet with clients' other advisors, such as attorneys, accountants, trust officers, or investment bankers, to fully understand clients' financial goals and circumstances.

Related Technology & Tools

Personal computers
10-key calculators
Tablet computers
Desktop computers
Personal digital assistants PDA
Notebook computers

EISI NaviPlan
Financeware Finance File Manager
Needs analysis software
Estate planning software
Cheshire Financial Planning Suite
ScanSoft PaperPort Pro
CRM Software Junxure-i
Oracle E-Business Suite Financials
WealthTec AllocationPro
IBM Lotus 1-2-3
MoneyTree Silver Financial Planner (presentation feature)
Pimlico Software DateBk
Net Worth Strategies Stock Opter Pro
Microsoft Access
Investment tracking software
Cygnus IncomeMax
Asset allocation software
PlanScan Portfolio Pathfinder
Structured query language SQL
Estate Capitol Needs Analysis
Automatic Data Processing ProxyEdge
Brentmark Stock Option Risk Analyzer
eMoneyAdvisor AdvisorPlatform
Investigo
Host Analytics Host Budget
Microsoft Business Contact Manager
Cabinet NG CNG-SAFE
Salesforce software
Intuit Quicken
Portfolio management software
Financial Profiles Profiles+ Professional
Torrid Retirement Planner
Web browser software
ASI Client Acquisition Solution
Retirement planning software
Investment and business valuation template software
Oracle PeopleSoft Financials
Financial planning software
ProTracker Advantage
Tax planning software
Advisory World ICE
Finance Logix Insurance Planner
DataViz Beyond Contacts
PIE Technologies MoneyGuidePro
Impact PlanLabX3
EZ-Data Client Data System
Ibbotson Analyst
MasterPlan
Web Information Solutions Pocket Informant
Getting Things Done GTD software
Finance Logix Retirement Planner
AdviceAmerica AdvisorVision
Microsoft Word
Fund accounting software
SunGard WebPlaid
Corel QuattroPro
ExpenseWatch
Oracle Hyperion
ComplianceMAX
ScenarioNow RetireNow
Advent Axys
ACT! ACT4Advisors
Morningstar Principia
Ibbotson Portfolio Strategist
Financeware WealthSimulator
Practice management software PMS
Optima IAS
Financial planning presentation software
Microsoft Excel
Microsoft Money
PlanPlus Pro
SunGard LockBox
Microsoft Office
The Omni Group OmniPlan
J&L Financial Planner
Microsoft PowerPoint
IMPACT Wealth Distribution Analysis
Thomson ONE Advisor
Finance Logix Education Planner
Sawhney ExecPlan
WealthTec Foundations
Financeware AASim
IBM Domino
SunGard Frontier
Unger Software Methusaleh
World Software Corporation Worldox
Financial Planning Consultants Practice Builder
WealthTec WealthMaster
MoneyTree Silver Financial Planner (financial analysis feature)
Redtail Technology Our Business Online
Sage 50 Accounting
CRM Software Junxure
Microsoft Dynamics
Education planning software
Financial report generation software
SunGard PlanningStation
Monte Carlo simulation software