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Financial Planner Interview Questions

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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Whether you are preparing to interview a candidate or applying for a job, review our list of top Financial Planner interview questions and answers.

  1. Why are you interested in a financial planner position? See answer
  2. Do you have any experience as a financial planner or in the financial industry? See answer
  3. How would you explain a complex financial concept to someone who may not understand? See answer
  4. How would you invest one million dollars? See answer
  5. How would you advise a client about a risky investment? See answer
  6. Describe one of your greatest accomplishments in your career. See answer
  7. What kind of software are you comfortable using? See answer
  8. What is your experience with financial analytics and how do you use it? See answer
  9. Describe a time when you made a mistake and how you fixed it? See answer
  10. How do you stay up to date on important news in the financial industry? See answer
  11. What do you think is your biggest strength? See answer
  12. What do you think is your biggest weakness? See answer
  13. How do you set financial goals? See answer
  14. Do you have any certifications?
  15. What is the most challenging financial situation you’ve been in and how did you resolve it?
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Hire your next Financial Planner today.

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Hire your next Financial Planner today.

Post a job
Our mission

Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

Read our editorial guidelines

15 Financial Planner Interview Questions and Answers

Why are you interested in a financial planner position?

The aim of this question is to assess the candidate's motivation, interest, and reason for pursuing a financial planner position. What to look for in an answer:

  • Enthusiasm for the role
  • Career goals in financial planning
  • Reason for pursuing the position with this specific company
Example:

"I'm interested in working as a financial planner because I love working in finance, and this position sounds like a great opportunity to continue that pursuit. I also really admire the culture and standards of this company. I have a college degree in finance, so this is a field that I'm genuinely interested in pursuing."

Do you have any experience as a financial planner or in the financial industry?

The aim of this question is to assess if a candidate has any experience working as a financial planner or in the industry that can benefit them in this role. What to look for in an answer:

  • Working knowledge of the financial planner industry
  • Any relevant experience in the finance field
  • Notable duties from previous jobs in the field
Example:

"I worked as a financial planner for a few years. In that role, I made charts, spreadsheets, and worked heavily with financial analytics. Because of that experience, I think I'm qualified for this position because I can apply the skills I learned there in this position."

Do you have any certifications related to this role?

The aim of this question is to assess if a candidate has any applicable certifications and what they might have learned in achieving them. What to look for in an answer:

  • Certifications related to financial planning
  • Certifications related to the financial industry in general
  • Knowledge gained from earning a certification
Example:

"I gained a financial planning certification two years ago, but haven't yet put it to use. Earning that certification was an opportunity to expand my knowledge of financial planning and gain practical experience. Some of what I know is in part due to the certification I earned."

How would you explain a complex financial concept to someone who may not understand?

The aim of this question is to assess if a candidate knows how to simplify complex financial information for others who aren't familiar with the jargon. What to look for in an answer:

  • Ability to simplify complex material
  • Communication skills
  • Experience teaching other people about financial concepts
Example:

"I would explain a complex financial concept by breaking it into individual parts or steps. Each part would represent a specific aspect of the financial concept. I'd also use simple language and make every bit of information provided is easy to understand so the customer could grasp the core purpose of the financial concept."

How would you invest one million dollars?

The aim of this question is to assess the candidate's mindset and how their investment priorities align with that of the company. What to look for in an answer:

  • Understanding of investment principles
  • Knowing how to make a proper investment
  • Investing on behalf of financial firm
Example:

"How I would invest one million dollars would depend on what I perceived as a valuable investment. Some investments lose their value in a few years, so I'd want to ensure that I choose to invest in something that has longevity and can return profits in the future."

What is the most challenging financial situation you've been in and how did you resolve it?

The aim of this question is to assess a candidate's ability to overcome difficult situations and create meaningful solutions. What to look for in an answer:

  • Problem-solving skills
  • Ability to learn from a challenging situation
  • Ability to innovate and create solutions.
Example:

"The most challenging financial situation I've been in occurred when I worked as a financial analyst and misinterpreted the data that I had collected. In doing so, I created a financial spreadsheet and chart and presented it at an important collaborator meeting. It was embarrassing to discover that the information was completely wrong, and I quickly revised the presentation in 30 minutes to ensure they got the correct information right away."

How would you advise a client about a risky investment?

The aim of this question is to determine how a candidate might advise their client that the decision they want to make may be risky. What to look for in an answer:

  • Interpersonal skills
  • Customer service skills
  • Ability to communicate with professionalism, respect, and honesty 
Example:

"I would advise to the client that an investment is risky by being firm in my reasoning but respectful and polite. I would use evidence and relevant information to inform the client why I think they shouldn't make the investment. If the client still wants to make the investment, then I would make suggestions on how to minimize risk."

Describe one of your greatest accomplishments in your career.

The aim of this question is to assess what the candidate perceives as a really significant moment in their career and how it relates to the role. What to look for in an answer:

  • A description of what they perceive as their greatest financial accomplishment
  • How they achieved this accomplishment
  • How it relates to the financial planner position
Example:

"My greatest accomplishment happened three years ago when I worked as a financial planner for a small financial investment firm. I was able to help one of our biggest clients increase their financial profits by 50% over three months. I did this by using financial analytics and other tools to suggest investments that I thought would be profitable due to current financial trends."

What kind of software are you comfortable using?

The aim of this question is to assess what kind of finance-related software the candidate can already make use of in this role. What to look for in an answer:

  • Working knowledge using financial software
  • Uses of the software in previous positions
  • How they might apply their experience using this software to the financial planner position
Example:

"I'm comfortable using most of the common financial software currently available. However, I do enjoy using online software that doesn't require a hard download. At my previous job, I also used financial analytics software and spreadsheet software, so I'm very comfortable using those as well."

What is your experience with financial analytics and how do you use it?

The aim of this question is to assess a candidate's current knowledge and capabilities using financial analytics. What to look for in an answer:

  • Working knowledge of financial analytics
  • Knowing how financial analytics work
  • Knowing what to look for in financial analytics
Example:

"I'm very knowledgeable about using financial analytics and this is a tool that I heavily used at my previous job. Financial analytics helped me to evaluate the financial health of the company and then make suggestions so the company can improve their financial decision-making. I continue to use financial analytics for my personal endeavours, so it's something that I'm very familiar with using."

Describe a time when you made a mistake and how you fixed it?

The aim of this question is to assess a candidate's honesty but also their ability to learn from their own mistakes. What to look for in an answer:

  • A truthful and honest answer
  • How they resolved the mistake
  • What they learned from the mistake
Example:

"There was a time when I created a financial analytics chart using the wrong data. Because the data was inaccurate, I essentially had to redo the financial analytics chart. I then identified what caused the mistake and took extra precautions to ensure that kind of mistake didn't happen again."

How do you stay up to date on important news in the financial industry?

The aim of this question is to assess how a candidate remains updated on the latest financial news and industry trends. What to look for in an answer:

  • Passion for the financial industry
  • Resources used to stay updated on financial news
  • How they use that information to help them in the workplace
Example:

"I stay updated on financial news by checking financial news websites. Some of my favourite financial news websites I have set up on an RSS feeder on my phone, which shows me all the latest financial news as soon as it shows up on a website. I also like to use social media platforms to check financial industry news and information."

What do you think is your biggest strength?

The aim of this question is to assess what the candidate thinks is a strength they can apply to this position. What to look for in an answer:

  • A strength related to financial planning
  • How it can benefit them in this specific role
  • Ways they can improve upon their strength
Example:

"My biggest strength would be my problem-solving skills. I'm fantastic with numbers, and being able to find solutions to complex financial problems and situations is an area where I excel. I also received a degree in mathematics, so working with numbers in finance is something that I believe I can do very well."

What do you think is your biggest weakness?

The aim of this question is to assess the candidate's interpretation of a weakness they possess and how they might improve it. What to look for in an answer:

  • An honest answer about their weakness
  • A weakness that can be improved
  • Steps or ways they have improved their weakness
Example:

"My biggest weakness is that I'm very meticulous about my work. So much so that it sometimes causes me to work slower than I probably should. I tend to analyze my work over and over before I think it's complete. This need to ensure an unrealistic standard for the work I produce can cause me to perform my duties at a slower pace. I continue to work on balancing quality with speed to perform my duties accurately and efficiently."

How do you set financial goals?

The aim of this question is to assess how a candidate sets financial goals and the steps they would take to achieve them. What to look for in an answer:

  • Steps for setting financial goals
  • How they might set goals for themselves
  • How they might set financial goals for clients
Example:

"I set financial goals by creating individual steps, with each step representing a part that has to be completed before I can complete the goal as a whole. The financial goals I set would also depend on why I'm setting them. If I'm setting financial goals for a client, then I might make simpler goals for the client to complete, while I might set more complex goals for myself."

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