dcsimg

Financial Specialists

Financial specialists sell products and services for financial institutions. Financial specialists help their customers determine their short-term and long-term financial objectives. They provide their clients various financial instruments. They also offer insurance and provide investment services. Financial specialists typically have experience in banking or sales and hold a bachelor's degree. Some financial specialists work as insurance executives or in the accounting field.

Responsibilities

  • Obtain a thorough understanding of financial instruments and insurance
  • Assess client's needs
  • Explain the details of financial instruments and insurance to clients
  • Evaluate the success level of the financial plan
  • Assist clients with making changes to the financial plan
  • Analyze financial data

Job Characteristics

Financial specialists need good marketing and sales skills. They also should have good communication and customer service skills. Financial advisors need good math skills and should be detail oriented. A financial advisor also needs a solid foundation with financial software programs.

Employment Outlook

Growth in the profession has been caused by the deregulation in the financial industry. Baby boomers looking for financial advice are also increasing the demand for financial specialists.

According to the Bureau of Labor Statistics the median annual wage for financial specialists in 2008 was $57,150.

Education, Certification, and Licensing

Typically, employers are seeking candidates that have a bachelor's degree in finance or marketing. Useful courses include economics, global finance and math. Usually on-the-job training is provided for the financial products and services that the company offers. Financial specialists are required to get special licenses to sell securities and insurance.

Resources

Major Employers

The major employers are banks, insurance companies and credit unions.

Schools for Financial Specialists are listed in the Browse Schools Section.

Metro Areas Sorted by Total Employment for:
Financial Specialists

Listed below are metro areas sorted by the total number of people employed in Financial Specialists jobs , as of 2016

2016 Occupational Employment Statistics and 2014-24 Employment Projections, Bureau of Labor Statistics, BLS.gov; 2014-24 State Occupational Projections, Projections Central, projectionscentral.com

     
Metro Area (Alabama) Total Employment Annual Median Salary
Huntsville 310 $77,500
Hoover 210 $70,530
Birmingham 210 $70,530
Montgomery 110 $80,480
     
Metro Area (Alaska) Total Employment Annual Median Salary
Anchorage 290 $58,270
Fairbanks 40 $67,200
     
Metro Area (Arizona) Total Employment Annual Median Salary
Scottsdale 1230 $75,670
Mesa 1230 $75,670
Phoenix 1230 $75,670
Tucson 60 $73,490
Flagstaff 30 $74,770
     
Metro Area (Arkansas) Total Employment Annual Median Salary
Conway 140 $45,110
North Little Rock 140 $45,110
Little Rock 140 $45,110
Pine Bluff 30 $55,140
     
Metro Area (California) Total Employment Annual Median Salary
Los Angeles 5230 $71,870
Long Beach 5230 $71,870
Anaheim 5230 $71,870
San Diego 1640 $75,040
Carlsbad 1640 $75,040
Santa Clara 1020 $80,000
Sunnyvale 1020 $80,000
San Jose 1020 $80,000
Roseville 940 $65,580
Arcade 940 $65,580
Sacramento 940 $65,580
Arden 940 $65,580
Ontario 720 $50,200
San Bernardino 720 $50,200
Riverside 720 $50,200
Ventura 600 $66,130
Oxnard 600 $66,130
Thousand Oaks 600 $66,130
Bakersfield 390 $74,110
Fresno 260 $63,650
Santa Maria 190 $59,370
Santa Barbara 190 $59,370
Santa Rosa 90 $66,980
Salinas 80 $71,680
Chico 60 $59,410
Porterville 50 N/A
Visalia 50 N/A
Vallejo 50 $58,450
Fairfield 50 $58,450
Stockton 50 $69,330
Lodi 50 $69,330
Modesto 40 $51,680
Watsonville 30 $63,690
Santa Cruz 30 $63,690
Paso Robles N/A $51,730
San Luis Obispo N/A $51,730
Arroyo Grande N/A $51,730
     
Metro Area (Colorado) Total Employment Annual Median Salary
Lakewood 2680 $66,090
Denver 2680 $66,090
Aurora 2680 $66,090
Colorado Springs 260 $69,030
Boulder 200 $75,480
Greeley 60 $64,500
Fort Collins 60 $77,560
     
Metro Area (Connecticut) Total Employment Annual Median Salary
West Hartford 430 $74,110
East Hartford 430 $74,110
Hartford 430 $74,110
Bridgeport 330 $80,070
Stamford 330 $80,070
Norwalk 330 $80,070
New Haven 130 $75,110
Danbury 50 $62,790
     
Metro Area (Florida) Total Employment Annual Median Salary
West Palm Beach 1810 $69,180
Miami 1810 $69,180
Fort Lauderdale 1810 $69,180
Sanford 1340 $61,680
Kissimmee 1340 $61,680
Orlando 1340 $61,680
Tampa 930 $71,500
St. Petersburg 930 $71,500
Clearwater 930 $71,500
Jacksonville 660 $63,200
Titusville 310 $64,130
Melbourne 310 $64,130
Palm Bay 310 $64,130
Tallahassee 250 $47,060
Ferry Pass 170 $69,020
Pensacola 170 $69,020
Brent 170 $69,020
Crestview 160 $80,480
Destin 160 $80,480
Fort Walton Beach 160 $80,480
North Port 140 $60,310
Sarasota 140 $60,310
Bradenton 140 $60,310
Fort Myers 100 $52,870
Cape Coral 100 $52,870
Ormond Beach 90 $57,040
Deltona 90 $57,040
Daytona Beach 90 $57,040
Gainesville 90 $72,350
Winter Haven 70 $64,250
Lakeland 70 $64,250
Immokalee 50 $63,300
Naples 50 $63,300
Marco Island 50 $63,300
Port St. Lucie 40 $62,190
Vero Beach N/A $69,640
Sebastian N/A $69,640
Panama City N/A $88,300
     
Metro Area (Georgia) Total Employment Annual Median Salary
Roswell 3060 $66,220
Sandy Springs 3060 $66,220
Atlanta 3060 $66,220
Albany 80 $67,160
Savannah 60 $52,250
Macon 60 $54,280
Gainesville 50 $39,490
Warner Robins N/A $78,110
     
Metro Area (Hawaii) Total Employment Annual Median Salary
Urban Honolulu 640 $74,950
     
Metro Area (Idaho) Total Employment Annual Median Salary
Boise City 280 $51,110
     
Metro Area (Illinois) Total Employment Annual Median Salary
Peoria 350 $83,920
Bloomington 80 $72,980
Rockford 40 $63,180
Decatur 40 $70,800
Marion 30 $40,670
Carbondale 30 $40,670
Champaign 30 $72,350
Urbana 30 $72,350
Springfield N/A $53,850
     
Metro Area (Indiana) Total Employment Annual Median Salary
Indianapolis 1490 $71,460
Anderson 1490 $71,460
Carmel 1490 $71,460
Bloomington 170 $62,830
Fort Wayne 60 $41,470
     
Metro Area (Iowa) Total Employment Annual Median Salary
Des Moines 340 $66,060
West Des Moines 340 $66,060
Dubuque 190 $52,600
Cedar Rapids 110 $58,480
Iowa City 60 $51,480
Cedar Falls N/A $54,630
Waterloo N/A $54,630
     
Metro Area (Kansas) Total Employment Annual Median Salary
Wichita 90 $67,570
Topeka 60 $58,180
     
Metro Area (Kentucky) Total Employment Annual Median Salary
Fayette 100 $54,590
Lexington 100 $54,590
Elizabethtown 100 $54,680
Fort Knox 100 $54,680
Owensboro 50 $36,270
     
Metro Area (Louisiana) Total Employment Annual Median Salary
New Orleans 400 $67,140
Metairie 400 $67,140
Baton Rouge 230 $42,490
Lafayette 170 $50,120
Hammond 80 $35,740
Bossier City 60 $57,740
Shreveport 60 $57,740
Alexandria 40 $60,120
Lake Charles N/A $35,840
     
Metro Area (Maine) Total Employment Annual Median Salary
South Portland 160 $63,980
Portland 160 $63,980
     
Metro Area (Maryland) Total Employment Annual Median Salary
Baltimore 2350 $54,560
Towson 2350 $54,560
Columbia 2350 $54,560
Lexington Park 550 $98,290
California 550 $98,290
     
Metro Area (Massachusetts) Total Employment Annual Median Salary
Barnstable Town 50 $58,990
     
Metro Area (Michigan) Total Employment Annual Median Salary
Dearborn 2790 $68,700
Warren 2790 $68,700
Detroit 2790 $68,700
Grand Rapids 520 $52,480
Wyoming 520 $52,480
Ann Arbor 310 $60,900
East Lansing 220 $58,930
Lansing 220 $58,930
Flint 190 $48,760
Portage 130 $52,700
Kalamazoo 130 $52,700
Midland 90 $53,520
Battle Creek 70 $73,360
Niles 50 $51,830
Benton Harbor 50 $51,830
Jackson 40 N/A
Saginaw N/A $72,950
     
Metro Area (Minnesota) Total Employment Annual Median Salary
St. Cloud 110 $48,160
Rochester 60 $52,640
     
Metro Area (Mississippi) Total Employment Annual Median Salary
Jackson 200 $58,020
Pascagoula 190 $50,960
Gulfport 190 $50,960
Biloxi 190 $50,960
     
Metro Area (Missouri) Total Employment Annual Median Salary
Springfield 190 $57,140
Columbia 40 $59,610
     
Metro Area (Montana) Total Employment Annual Median Salary
Billings 40 $63,210
     
Metro Area (Nebraska) Total Employment Annual Median Salary
Lincoln 50 N/A
     
Metro Area (Nevada) Total Employment Annual Median Salary
Paradise 750 $52,370
Henderson 750 $52,370
Las Vegas 750 $52,370
Reno 300 $38,400
     
Metro Area (New Hampshire) Total Employment Annual Median Salary
Manchester 120 $51,890
     
Metro Area (New Jersey) Total Employment Annual Median Salary
Trenton 980 $73,600
Atlantic City 130 $61,060
Hammonton 130 $61,060
Ocean City 40 $60,710
Bridgeton 40 $75,180
Vineland 40 $75,180
     
Metro Area (New Mexico) Total Employment Annual Median Salary
Albuquerque 530 $59,260
Santa Fe 310 $42,290
Las Cruces 30 $35,250
     
Metro Area (New York) Total Employment Annual Median Salary
Niagara Falls 180 $64,830
Buffalo 180 $64,830
Cheektowaga 180 $64,830
Utica 160 $65,180
Rome 160 $65,180
Troy 100 $90,180
Schenectady 100 $90,180
Albany 100 $90,180
Rochester 40 $47,720
Syracuse 40 $76,310
     
Metro Area (North Carolina) Total Employment Annual Median Salary
Durham 860 $59,620
Chapel Hill 860 $59,620
Raleigh 480 $62,870
Winston 140 $82,700
Salem 140 $82,700
Greenville 130 $51,350
High Point 110 $61,590
Greensboro 110 $61,590
Fayetteville 90 $73,250
Wilmington 70 $57,590
Asheville 60 $58,740
New Bern 50 $71,020
     
Metro Area (North Dakota) Total Employment Annual Median Salary
Bismarck 60 $65,270
     
Metro Area (Ohio) Total Employment Annual Median Salary
Columbus 1310 $71,330
Elyria 980 $69,800
Cleveland 980 $69,800
Dayton 840 $84,410
Akron 230 $57,610
Toledo 150 $58,700
Canton 50 $59,400
Massillon 50 $59,400
     
Metro Area (Oklahoma) Total Employment Annual Median Salary
Oklahoma City 370 $71,030
Tulsa 170 $71,890
Lawton 30 $65,170
     
Metro Area (Oregon) Total Employment Annual Median Salary
Salem 100 $65,270
Eugene 80 $54,340
Redmond 30 $51,840
Bend 30 $51,840
     
Metro Area (Pennsylvania) Total Employment Annual Median Salary
Pittsburgh 1050 $72,140
Carlisle 360 $71,790
Harrisburg 360 $71,790
York 130 $61,330
Hanover 130 $61,330
Erie 90 $35,580
Hazleton 70 $59,330
Barre 70 $59,330
Scranton 70 $59,330
Wilkes 70 $59,330
Lebanon 60 $53,930
Lancaster 50 $71,410
     
Metro Area (Puerto Rico) Total Employment Annual Median Salary
Caguas 680 $29,770
Carolina 680 $29,770
San Juan 680 $29,770
Ponce 50 $19,720
     
Metro Area (South Carolina) Total Employment Annual Median Salary
Mauldin 230 $47,100
Anderson 230 $47,100
Greenville 230 $47,100
Charleston 220 N/A
North Charleston 220 N/A
Columbia 170 $55,620
     
Metro Area (Tennessee) Total Employment Annual Median Salary
Franklin 670 $60,120
Nashville 670 $60,120
Murfreesboro 670 $60,120
Davidson 670 $60,120
Knoxville 170 $64,270
     
Metro Area (Texas) Total Employment Annual Median Salary
Dallas 3030 $70,330
Fort Worth 3030 $70,330
Arlington 3030 $70,330
Houston 2150 $79,060
Sugar Land 2150 $79,060
The Woodlands 2150 $79,060
Austin 1400 $63,130
Round Rock 1400 $63,130
New Braunfels 770 $73,380
San Antonio 770 $73,380
Port Arthur 150 $57,730
Beaumont 150 $57,730
El Paso 140 $57,140
McAllen 110 $46,220
Edinburg 110 $46,220
Mission 110 $46,220
Amarillo 100 $32,720
Corpus Christi 100 $41,750
Tyler 90 $38,440
Midland 90 $67,080
Lubbock 70 $32,530
Waco 70 $54,580
Temple 70 $65,170
Killeen 70 $65,170
Laredo 60 N/A
Brownsville 60 $55,510
Harlingen 60 $55,510
Wichita Falls 50 $63,260
San Angelo 30 $51,510
College Station N/A $65,880
Bryan N/A $65,880
     
Metro Area (Utah) Total Employment Annual Median Salary
Salt Lake City 460 $53,070
Clearfield 410 $71,030
Ogden 410 $71,030
Orem N/A $39,440
Provo N/A $39,440
     
Metro Area (Vermont) Total Employment Annual Median Salary
South Burlington 80 $66,620
Burlington 80 $66,620
     
Metro Area (Virginia) Total Employment Annual Median Salary
Richmond 820 $72,220
Charlottesville 90 $61,730
Roanoke 70 $67,160
Christiansburg 30 $46,490
Blacksburg 30 $46,490
Radford 30 $46,490
     
Metro Area (Washington) Total Employment Annual Median Salary
Tacoma 2760 $75,460
Bellevue 2760 $75,460
Seattle 2760 $75,460
Bremerton 140 $69,670
Silverdale 140 $69,670
Spokane 110 $57,720
Spokane Valley 110 $57,720
Tumwater 70 $48,020
Olympia 70 $48,020
Bellingham 40 $45,630
Walla Walla 40 $60,470
Kennewick 30 $61,990
Richland 30 $61,990
     
Metro Area (West Virginia) Total Employment Annual Median Salary
Beckley 90 $67,140
Charleston 80 $60,090
Morgantown 40 $60,390
     
Metro Area (Wisconsin) Total Employment Annual Median Salary
West Allis 700 $55,420
Milwaukee 700 $55,420
Waukesha 700 $55,420
Madison 240 $61,230
Green Bay 100 $42,420
Appleton 60 $44,260
Wausau 50 $41,580
Neenah 50 $45,530
Oshkosh 50 $45,530
Eau Claire 40 $44,440
Racine N/A $42,450
     
Metro Area (Wyoming) Total Employment Annual Median Salary
Cheyenne 40 $63,500

Career Stories (Job Profiles) for Financial Specialists

To find out more about building a career as Financial Specialists, we spoke with professionals in the field across a variety of specialties. Learn about their experiences on the job, the steps they took to complete their education, and what it takes to excel in this industry. Click the link to see a story.

All Types

Most Popular Industries for :
Financial Specialists

Industries representing at least 1% of total jobs for the occupation.

2016 Occupational Employment Statistics and 2014-24 Employment Projections, Bureau of Labor Statistics, BLS.gov; 2014-24 State Occupational Projections, Projections Central, projectionscentral.com

Industry Jobs Percent Annual Median Salary
Banking And Credit 36,560 25% $51,810
Government 30,280 21% $62,500
Securities And Investment 12,850 9% $63,340
Business Management 11,920 8% $60,130
Professional And Technical Services 8,950 6% $60,790
Education 7,230 5% $50,730
Insurance 6,440 4% $56,570
Personal Services 4,170 2% $32,830
Hospital 3,820 2% $46,460
Office Services And Staffing 2,460 1% $56,930
Internet Service Provider 1,610 1% $60,430
Click the Visit School Site buttons to go directly to a school's website and learn more about the school and programs it has to offer. School website will open in a new tab.
Click the Request Info buttons to request more information from a representative at the school.
 
Results:  10
Matching School Ads
Programs
  • Financial Management - PhD in Bus. Admin.
  • Financial Management - D.B.A.
  • Advanced Accounting - PhD in Bus. Admin.
  • Ranked among the Best Online Bachelor's Programs in 2014 by U.S. News & World Report.
  • Implements a one-to-one teaching model, partnering one student with one faculty member in each course.
  • 100% of faculty members hold doctoral degrees.
  • No physical residency requirements, allowing students to pursue their degree online.
  • Committed to innovation, diversity, excellence, and accountability since its founding in 1996.
  • Offers several programs in business, education, psychology, and more.
Programs
  • Business Administration - Finance (BS) (Online)
  • Business Administration - Accounting (BS) (Online)
  • Business Administration (BS) (Online)
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
  • Features a competency-based MBA program that allows students to test out of subjects based on prior professional experience.
Programs
  • MS in Finance - H
  • Flexible MBA - Financial Business - H
  • Flexible MBA

Johns Hopkins University Carey Business School has brought the philosophy of business with humanity in mind to a part time format. Now offering several degrees to the part-time student, students can now become business leaders at this nationally recognized institution in as little as 2.5 years.

Programs
  • Business Management
  • A Los Angeles-based private college offering programs in medical sciences, legal studies, and graphic design since 1985.
  • Has weekend programs, including certified  veterinary technology, nurse assistant, and hemodialysis technician.
  • Showcases visual communication students’ artwork and design through campus magazine.
  • 3 campuses in Southern California.
  • Accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).
camnpus icon
Alhambra
Request Info
Programs
  • Ph.D. Organizational Leadership
  • Designated a 2015 Military Friendly School by Victory Media for the 4th consecutive year.
  • Listed on the President’s Higher Education Community Service Honor Roll in 2013, for the sixth consecutive year.
  • Links students to hundreds of training opportunities ( beyond their traditional internships and practicum) at their many “partner agencies” in each of their local communities. 
  • Accredited by the Western Association of Schools and Colleges (WASC).
camnpus icon
Irvine
Request Info
Programs
  • Innovation & Entrepreneurship, Master of Science (Online)
  • Push Your Creativity To The Next Level.
  • Full Sail’s curriculum combines elements of creativity, art, business and life skills, technical prowess, and academic achievement.
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average.
  • Students work with industry-standard tools and technologies, allowing them to gain practical knowledge and real-world experience.
  • Join us on Facebook, Twitter, YouTube and Instagram to interact with our community, read about grad success, and see campus images.
Programs
  • MS in Strategic Human Resource Management

Founded by the Society of Jesus in 1851, Saint Joseph's University (SJU) has been developing the minds and abilities of men and women in a challenging academic environment steeped in the enriching Jesuit tradition of cura personalis (care of the entire person). The strong liberal arts foundation promotes an environment of open-minded investigation and debate and attends to developing students beyond their academic accomplishments, while maintaining high academic standards. The University strives to be recognized as the preeminent Catholic comprehensive university in the Northeast.

Programs
  • Business Management & Accounting (AAS)
  • Accounting (BS)
  • Business Administration (BS)
  • Offers several scholarship opportunities for students who qualify.
  • Laptop computers are issued to each student at the beginning of their program.
  • Provides programs in health care, business, information technology, and graphic arts.
  • Respiratory Therapy program is accredited by the Commission on Accreditation for Respiratory Care (CoARC).
  • Accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).

Our family of non-profit colleges admits students of any race, color, and national or ethnic origin.

camnpus icon
San Marcos
Request Info
Programs
  • Certificate - Business Administration (Accounting)
  • Degree - Business Administration (Accounting)
  • Certificate - Business Administration (Management)
  • Many programs require externships, allowing students to gain real-world experience.
  • Approved A+ rating from the Better Business Bureau (BBB) since 1984.
  • Offers 22 accelerated, career-focused program options including business administration, medical assisting, and more.
  • Regionally accredited by the Western Association of Schools and Colleges (WASC).
  • 11 campuses across California, with an online division as well.
camnpus icon
Ontario
Request Info
Programs
  • Business Management and Accounting
  • Offers career placement assistance services to recent graduates.
  • Approved to accept international students who wish to study in the United States.
  • Programs include Medical Office Specialist, Medical Assistant, Dental Lab Technician, and Healthcare Administration.
  • Accredited by the Accrediting Bureau of Health Education Schools (ABHES).
  • Main campus is located in Van Nuys, California, north of Los Angeles.
camnpus icon
Panorama City
Request Info

We have some additional detailed pages at the state level for Financial Specialists.

Numbers in parentheses are counts of relevant campus-based schools in the state; online schools may also be available.

Back to Top
SPEAK TO AN ADVISOR 1.844.285.6104