Mr. Choi (C): The securities adviser is a person who trades consignment sales, purchases stocks and bonds, deals in securities and futures, trades at a stock market and provides investment advice about stocks. Also, they are registered with the KSDA (The Korea Securities Dealers Association).
R: What do you need to do to become a securities adviser? C: In the process of becoming a securities adviser, you have to pass the qualifying examination to obtain a certificate of qualification. Recently, the examination has become much more difficult, so you need to study harder.
R: What does the securities adviser do, specifically? C: We counsel clients who are dealing with stocks, price index futures in stocks, sales of beneficiary certificates, and etc. And we help clients with their stocks and administer their estate. I mentioned before about the certificate of qualification.
Securities advisers with only second grade certificates cannot counsel or deal with futures option. But if you have a first grade certificate of qualification, it will be possible for you to deal with future options.
R: What are the drawbacks of being a securities adviser?
C: Above all, the securities adviser has a lot of pressure to have plenty of experiences and to produce results. Only then, you will receive recognition in this job. And being a securities adviser is very difficult work. We meet many customers who have mingled feelings of joy and sorrow, sometimes many times a day.
We need mental and physical strength to take a seat in front of the stock exchange board from 9 a.m. to 3 p.m. Also, we need to make constant efforts to make accurate market predictions. If we are too hasty or start it hit or miss, it will cause us a lot of angst later on.
R: Do you have any advices for those who want to be a securities adviser?
C: As the job field for securities adviser is booming, it is in the spotlight. But being an investment counselor is never an easy job. You should be aware of the difficulties, and study hard!