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

Related Technology & Tools

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

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