Industries & Professions /
Financial analysts, also called security analysts and investment analysts, analyze the financial situation of companies and recommend ways for these companies to manage, spend, and invest their money. The goal of financial analysts is to help their employer or clients make informed, lucrative financial decisions. They assemble and evaluate the company's financial data and assess investment opportunities. They look at the company's financial history, the direction that company wants to take in the future, the company's place in the industry, and current and projected economic conditions. Financial analysts also conduct similar research on companies that might become investment opportunities. They write reports and compile spreadsheets that show the benefits of certain investments or selling certain securities.
Among the businesses employing financial analysts are banks, brokerage firms, government agencies, mutual funds, and insurance and investment companies. There are approximately 239,810 financial analysts employed in the United States.