Will “Fiscal Specialist” be Replaced By Robots? 🤔

58% Chance of Automation

“Fiscal Specialist” 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 “Fiscal Specialist”

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

Related Technology & Tools

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

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