Financial services are the products and activities that facilitate and further economic goals like saving, investing, lending and borrowing. This sector consists of depository institutions, credit and financing companies, insurance firms and others that offer these products and services to individuals, businesses, governments and other entities. It also includes critical financial market utilities, such as stock and commodity exchanges, clearing houses and real-time gross settlement systems.
The financial industry is incredibly complex, and there are many different career paths to consider if you’re interested in working within it. Here at Phyton Talent Advisors, we work with many professionals in the industry on a daily basis and find that it’s an extremely rewarding career for those who are willing to put in the hard work early on.
However, it’s important to note that the pay in this field is not always vast and the hours can be stressful. It’s also important to understand that you need to be ready for a very competitive environment where there is a lot of pressure on people to succeed.
A successful career in the financial industry requires you to be very organized and detail-oriented. You’ll need to be able to quickly analyze data and make decisions that are best for your clients. Additionally, it’s important to remember that the financial industry is very much lifecycle-based, meaning you need to know what events are happening in your clients’ lives so you can be ready to meet their needs.
