Good afternoon and welcome to the Empire District Electric Company Analyst Conference Call and Webcast. Many financial analysts go on to become senior analysts, investment bankers, consultants, advisors , and chief financial officers. The increase in the number of financial vehicles and the wide variety of financial information sources explain this state of affairs. Financial analysts have ample job opportunities with insurance companies, banks, securities firms, pension and mutual funds, etc. Financial analysts must be adept at using software packages to analyze financial data, see trends, create portfolios, and make forecasts. Work experience that is commonly considered necessary by employers, or is a commonly accepted substitute for more formal types of training or education. Given that these trends are expected to abate a little, it is expected that the number of financial and investment analysts will rise sharply over the coming years, but at a slower rate than they did in the past. Financial analysts must process a range of information in finding profitable investments.
Additionally, extraordinary talented financial analysts can make career in stock exchange companies such as New York Stock Exchange, Tokyo Stock Exchange, NASDAQ, London Stock Exchange, Toronto Stock Exchange, Hong Kong Stock Exchange, etc. At an increasingly large number of firms it is preferred that analysts earn a Masters degree in finance or the Chartered Financial Analyst (CFA) designation. Attractive growth for extraordinarily talented finance professionals attracts youngsters to become a financial analyst. Other analysts use the data to measure the financial risks associated with making a particular investment decision.
He’s been pretty much spot on with the macro picture,” said James Mark II. The San Antonio-based stock and commodities trader first noticed Mr. Canseco’s tweets in February, after the ballplayer correctly predicted a rally in gold when many analysts were bearish.
For example, in the United States, sell-side or Wall Street research analysts must register with the Financial Industry Regulatory Authority (FINRA). This job description is for accounting analyst working in the Accounting Process Department of a company. Most of the licenses require sponsorship by an employer, so companies do not expect individuals to have these licenses before starting a job. Financial analysts assess the performance of stocks, bonds, and other types of investments. The predictions are that plastic cards are set to increase even further over the next few years with increased online spending, greater retail usage, and with less traditional providers offering their own financial services to customers. Stockbrokers, Registered Representatives and financial advisors are basically salesmen in the finance industry.
The increase in the number of financial vehicles and the wide variety of financial information sources available prompts institutional investors, companies, and to a lesser extent, private investors to seek the advice of a professional financial analyst.