Will “Account Executive” be Replaced By Robots? 🤔

58% Chance of Automation

“Account Executive” 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 “Account Executive”

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

Related Technology & Tools

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

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