The Career Path Into Financial Advisory, From Qualification to Registration
Financial advisors in Australia work within a strictly regulated framework overseen by ASIC, requiring an approved bachelor's degree (or equivalent qualification), completion of a supervised Professional Year, and a pass in the Financial Advisers Exam before being listed on ASIC's Financial Advisers Register. Most entrants start at a bank, licensee or independent advisory practice to complete their Professional Year while building client-facing experience. Ongoing continuing professional development is required to remain registered. Here's exactly how to build a career as a financial advisor in Australia.