Accredited courses from leading Australian universities, TAFEs and colleges
How to Become a Financial Advisor in Australia: careers in Financial Planning
Definition of a Financial Advisor
A financial advisor gives expert advice to help clients build, protect, and grow their wealth. They look at each client’s finances and design plans for investments, superannuation, insurance, and retirement.
The role needs deep knowledge of financial markets, tax law, and ASIC’s rules. Senior advisors often work with high-value clients, self-managed super funds (SMSFs), and complex estate matters. Sharp attention to detail is essential at every level.
Since 2019, new financial advisors in Australia must finish an approved bachelor’s degree. They must also pass the ASIC Financial Adviser Exam and complete a year of supervised work. These changes raised the standard of advice across the sector. The Certified Financial Planner (CFP) award from the FAAA is the top credential for career leaders.
Financial advisors work in planning firms, banks, insurance companies, and wealth practices. Median weekly income is $2,320 (Your Career, 2025), and 84% work full-time. Those with strong skills and client ties can move into senior roles, practice management, or a partnership.
About the author
Laura Atkinson is an Account Management and SEM specialist at Course Finder Group with six years' experience in the Australian education sector. She works day to day with universities, TAFEs and independent training providers, which gives her a close view of how courses map to real career outcomes. She writes practical guidance on career pathways, choosing the right qualification and what to expect when moving into a new field.
© 2026 StudySelect. All Rights Reserved.
