The Career Path Into Investment Advice, From Degree to Your First Role

Investment advisors, known as Anlageberater in Germany, guide clients on where to invest, working within banks, independent advisory firms or as tied agents, with the profession regulated by BaFin under the Wertpapierhandelsgesetz. Bank-employed advisors must pass a recognised Sachkundeprüfung and be registered in BaFin's adviser register, while independent advisors typically register under §34f of the Gewerbeordnung. Most entrants hold a degree in business (BWL), finance or economics. Here's exactly how to build a career as an investment advisor in Germany.