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Personal financial advisor test help individuals in managing their personal finances in order to achieve personal goals such as children’s education, house purchase etc. They use the data from the client regarding income and expenses to devise a financial plan. This financial plan depends on the financial objectives of the client. It will outline the nature of investments the client should make over a period of time. For example, it could be a mixture of debt, equity and insurance depending on the risk appetite of the client.
KEY SKILLS REQUIRED:
VERBAL ABILITY
Verbal ability is essential because grammar and vocabulary is a prerequisite for good spoken and written English.
VERBAL REASONING
Reading comprehension indicates the ability to comprehend and reason with the concepts in a written page.
QUANTITATIVE APTITUDE
Quantitative ability will indicate analytical thinking and problem-solving ability.
LOGICAL REASONING
Logical Reasoning is assessed through
These questions will indicate the quality of deductive reasoning and inductive reasoning which contribute to Critical thinking ability.
ABSTRACT REASONING
Abstract reasoning will indicate the ability to think clearly, identify logical patterns, learn new skills and solve complex problems. It is an indicator of fluid intelligence and shows an ability to strategize.
The Personal Financial Advisor Test Contains:
Financial Advisor
