In my internship as a financial advisor, I have had the chance to apply some of the theoretical knowledge gained in class. Like in most other professions, many challenges abound in this career. In this write-up, I analyze how my internship profession is represented in a news article entitled “Millionaires Lose Sheen for Financial Advisers”, which was published by “The Economic Times” on 22 November 2013.
In the article mentioned above, the text’s author implies that financial advisors have not been performing to the expectations of their affluent clients (The Economic Times 2003). The writer however underscores the role played by financial advisors in guiding their clients’ wealth management. During my internship, I have learnt that clients expect a lot from us, and justifiably so, because their success regarding what they do with their money depends almost solely on a financial advisor. The fact that affluent people are giving poor ratings to financial advisors due to their (advisors’) unsatisfactory performance, as described by the author, should actually be taken as a challenge, rather than bad publicity.
Through my studies and placement, I have learnt that financial advisors should be fully competent and perform their duties with diligence, and the text rightly reflects this. The text writer’s representation of the profession is notably objective and representative of the high expectations that clients want met by the financial advisor. The text does not, however, reflect on the small-scale financial advisors who offer their services to middle-class clients. The author only discusses financial advisor with regard to affluent clients (Millionaires).
All in all, the said text represents the financial advisory profession in a challengingly good way. Financial advisor have standards to meet, owing to the sensitivity of their duties. As the text implies, they should be good enough for the task.
The Economic Times. Millionaires Lose Sheen for Financial Advisors. The Economic Times. The
Economic Times, 29 Jan. 2003. Web. 24 Nov. 2013.