Investment fund management assistant to stock broker
An investment fund management assistant already meets 59% of what the stock broker role asks for. The move turns on 6 required skills not yet in the profile.
42.8/ 100
1 How much of what a stock broker is expected to do is already part of an investment fund management assistant’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the stock broker role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A stock broker role treats 12 of its required skills as things an investment fund management assistant already does. You would walk in with these on day one.
- actuarial science
- advise on financial matters
- analyse financial risk
- analyse market financial trends
- asset management
- economics
What stands in the way is 6 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 20 skills that carry over, these are the ones fewest other occupations ask for. A stock broker role needs them, and most people applying for one will not have them already. This is the part of an investment fund management assistant background worth leading with.
- already held asset management business, administration and law
- already held examine credit ratings information skills
- already held provide financial product information communication, collaboration and creativity
- already held create a financial report information skills
- already held stock market business, administration and law
- already held review investment portfolios communication, collaboration and creativity
All 20 carried skills, including the 12 the stock broker role treats as required.
Table 3 · What you may need to learn
The 18 missing skills fall into 5 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn apply technical communication skills required
- still to learn protect client interests required
- still to learn trade securities required
- optional, not held build business relationships optional
- still to learn assess risks of clients' assets required
- still to learn forecast economic trends required
- optional, not held manage financial risk optional
- optional, not held obtain financial information optional
- optional, not held perform stock valuation optional
- optional, not held provide support in financial calculation optional
- optional, not held trace financial transactions optional
- still to learn modern portfolio theory required
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held financial jurisdiction optional
- optional, not held tax legislation optional
- optional, not held operate financial instruments optional
- optional, not held statistics optional
Table 4 · Where to start
The 3 entries a stock broker role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 apply technical communication skills practise this
- 02 assess risks of clients' assets practise this
- 03 forecast economic trends practise this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 20 skills that carry over
- already held actuarial science knowledge
- already held advise on financial matters skill
- already held analyse financial risk skill
- already held analyse market financial trends skill
- already held asset management knowledge
- already held economics knowledge
- already held financial markets knowledge
- already held financial products knowledge
- already held handle financial transactions skill
- already held review investment portfolios skill
- already held securities knowledge
- already held stock market knowledge
- already held accounting knowledge
- already held banking activities knowledge
- already held communicate with banking professionals skill
- already held communicate with customers skill
- already held create a financial report skill
- already held examine credit ratings skill
- already held maintain records of financial transactions skill
- already held provide financial product information skill
12 supplementary skills, helpful but not required
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held build business relationships optional
- optional, not held financial jurisdiction optional
- optional, not held manage financial risk optional
- optional, not held obtain financial information optional
- optional, not held operate financial instruments optional
- optional, not held perform stock valuation optional
- optional, not held provide support in financial calculation optional
- optional, not held statistics optional
- optional, not held tax legislation optional
- optional, not held trace financial transactions optional
18 held skills the stock broker role does not ask for
- not needed by the target role accounting techniques knowledge
- not needed by the target role analyse economic trends skill
- not needed by the target role analyse financial performance of a company skill
- not needed by the target role assist in fund management skill
- not needed by the target role calculate tax skill
- not needed by the target role compare property values skill
- not needed by the target role financial forecasting knowledge
- not needed by the target role financial statements knowledge
- not needed by the target role funding methods knowledge
- not needed by the target role implement marketing strategies skill
- not needed by the target role manage contracts skill
- not needed by the target role manage sales channels skill
- not needed by the target role manage securities skill
- not needed by the target role monitor stock market skill
- not needed by the target role offer financial services skill
- not needed by the target role prepare financial statements skill
- not needed by the target role present reports skill
- not needed by the target role trading software knowledge
6 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn modern portfolio theory required
- optional, not held fundamental analysis optional
- optional, not held holding company activities optional
- optional, not held financial jurisdiction optional
- optional, not held statistics optional
- optional, not held tax legislation optional
Other moves recorded from investment fund management assistant
- financial trader 61% covered · moderate
- securities trader 60% covered · moderate
- stock trader 60% covered · moderate
- mutual fund broker 57% covered · moderate
Full index of moves from investment fund management assistant
Common questions about this move
Can an investment fund management assistant become a stock broker?
Yes, and it is a moderate move. An investment fund management assistant already covers 59% of what a stock broker is expected to do: 20 skills carry over, 12 of which the stock broker role treats as required.
What skills does an investment fund management assistant need to become a stock broker?
6 required skills are missing, plus 12 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by communication, collaboration and creativity. The single most important is apply technical communication skills.
How hard is the move from investment fund management assistant to stock broker?
Its learning distance is 42.8 out of 100, which is the moderate band. That accounts for both how much is missing and how specialised those skills are.
How this record was compiled
Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.