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How do I start being a financial advisor?

To become a financial advisor in Australia, you need to meet the following requirements:

  • Complete an approved bachelor’s degree (AQF7 level) comprising 24 subjects, or above or equivalent.
  • Pass the financial advisor exam.
  • Complete a professional year.
  • Apply for registration with ASIC. ASIC will assess your application and determine if you meet the requirements to become a financial advisor. To maintain your registration, you will have to complete the continuing professional development (CPD) requirements.