A financial advisor is an expert who offers financial advice to clients depending on their financial circumstance. In most countries, financial advisers are required to complete certain professional training and attain certain registration with a relevant regulatory body in order to offer financial advice. This financial advice is based on the strategy of the investor to create a protective shield against financial risks by minimizing his exposure to risk. It is also important that an advisor has the skills, the experience and the ability to analyze the financial situations of individual clients and match these against his own investment strategies. The various areas of financial advice include investment strategies, pension fund management, savings and money market investment and commercial lending. To help in this process of advising individual clients, financial advisers are required to undergo certain examinations. These exams aim at providing information to prospective clients on the different investment options and rules that govern such options. They also need to undergo professional training in order to be able to evaluate the investment plans of their clients and advise accordingly. There are a number of institutes and organizations that provide such training. These institutes and organizations are registered with the regulatory bodies of their countries. They pass their exams after undergoing specialized training, which can sometimes last up to six months. There are several types of exams that a person needs to pass in order to become a certified financial planner or a Christopher Dixon Financial Advisor. One such exam is the Certified Financial Planning or CFP exam. In this type of exam, candidates have to assess their capabilities in financial advice as well as their knowledge on estate planning, corporate finances, investment securities and retirement plans. Candidates who have not passed the Certified Management Account exam or the Certified Public Accountant exams will have to take the test for CFP separately. A person who successfully passes this exam becomes a CFP. There are also short and long-term tests that are required for Financial Advisor Orlando FL. Candidates who want to become financial planners must undertake the Professional Development Test or the PMT. In the Professional Development Test, candidates have to undertake a series of questions designed to test their ability to identify investment opportunities, plan well, manage risk, develop strategies, and evaluate various projects. Candidates who successfully complete the exam are given a CFP designation. There are also general accountant exams that are usually held periodically. Many organizations also conduct specialized exams for financial advisors. Candidates who want to become certified financial planners need to pass examinations that test not only their knowledge on estate and taxation laws but also on marketing and management issues. Candidates who want to become certified public accountants (CPA) have to pass a set of three exams that cover topics such as bookkeeping, management, and accounting. These exams are also conducted periodically. The certification of a financial advisor also does not guarantee him a job in a bank or a securities firm.For more facts about finance, visit this website at https://www.britannica.com/topic/bank. Another branch of finance that requires specialized knowledge is the brokerage industry. A registered investment advisor can work as a stockbroker or a futures broker, which provides investment advice for clients who want to trade in stocks and futures. Financial planners can work with stockbrokers or futures brokers. To become a stockbroker, a person needs to undergo training; however, becoming a futures broker requires no formal training at all.